AML Specialist
Cape Town
Sporty – SPORTY Legal /
Full-time /
Hybrid
Sporty's sites are some of the most popular on the internet, consistently staying in Alexa's list of top websites for the countries they operate in.
AML Specialist
Location: Cape Town ZA
As part of a fast-growing, highly regulated business, the South African AML Specialist plays a hands-on role in protecting the company from money laundering and terrorist financing risks. Working under the guidance of the Compliance Manager, the AML Specialist (ZA) will run day-to-day monitoring, investigations, reporting and continuous-improvement activities that keep the business fully compliant with the Financial Intelligence Centre Act (FICA), Regulatory licence conditions and Financial Action Task Force (FATF) standards.
The AML Specialist (ZA) will fulfil a pivotal role in the development, meticulous implementation, and comprehensive oversight and execution of anti-money laundering (AML) compliance programs specifically tailored for the dynamic iGaming sector. This role requires a strategic mindset, encompassing proactive risk management, thorough regulatory engagement, and providing guidance and collaboration with Compliance to manage the AML framework and assist in broader compliance initiatives. The ultimate goal is to ensure robust, proactive compliance with all relevant AML legislation.
Key Responsibilities
1. Transaction Monitoring & Screening
Review daily alerts from automated monitoring tools, refine alert parameters, and escalate true positives.
Execute ad-hoc screening (customers, payment channels, devices, IPs).
2. Case Investigations
Conduct end-to-end investigations on unusual or high-risk behaviour (e.g., rapid deposits/withdrawals, duplicate accounts, etc.).
Compile clear, evidence-based investigation files and draft recommended actions.
3. Regulatory Reporting
Draft Suspicious and Unusual Transaction/ Activity Reports (STRs/SARs) for Compliance Manager approval and timely submission to the FIC.
Track acknowledgement receipts and maintain the STR/SAR register.
4. Customer Due Diligence (CDD/EDD)
Perform enhanced due diligence reviews for high-risk or VIP players, source-of-funds checks, and ongoing KYC refreshes.
Liaise with Customer Operations to obtain outstanding documentation.
5. Record Keeping & Audit Support
Maintain organised, audit-ready records of monitoring alerts, investigations, risk assessments and training attendance for the statutory five-year period.
Assist with data requests from the regulator, FIC or external auditors.
6. Policy & Process Improvement
Spot control gaps during case work and propose pragmatic fixes (rule tuning, new data fields, workflow tweaks).
Contribute to periodic AML risk assessments and policy reviews.
7. Training & Awareness
Deliver short refresher briefings to customer-facing teams (e.g., red-flag indicators, escalation steps).
Keep intranet AML resources updated with the latest FIC guidance notes.
Required Skills & Experience
Bachelor’s degree in law, finance, business, compliance, or similar.
4-6 years of dedicated AML / financial crime experience within iGaming, payments, fintech or banking in South Africa.
Strong working knowledge of FICA (incl. Regulations / Guidance Notes 7, 8, 6A), regulatory licence requirements and FATF recommendations.
Competent with AML monitoring tools, Excel or BI dashboards, and case-management systems.
ACAMS, ICA AML or equivalent (completed or in progress) is advantageous.
Analytical thinker, strong report-writing, clear communicator, discreet with sensitive data, and able to prioritise in a fast-moving environment.
Benefits
Quarterly and flash bonuses
Flexible working hours
Top-of-the-line equipment
Referral bonuses
28 days paid annual leave
Annual company retreat once per year
Highly talented, dependable co-workers in a global, multicultural organisation
Payment via DEEL, a world class online wallet system
Our teams are small enough for you to be impactful
Our business is globally established and successful, offering stability and security to our Team Members
Our Mission
Our mission is to be an everyday entertainment platform for everyone
Our Operating Principles
1. Create Value for Users
2. Act in the Long-Term Interests of Sporty
3. Focus on Product Improvements & Innovation
4. Be Responsible
5. Preserve Integrity & Honesty
6. Respect Confidentiality & Privacy
7. Ensure Stability, Security & Scalability
8. Work Hard with Passion & Pride
Working at Sporty
The top-down mentality at Sporty is high performance based, meaning we trust you to do your job with an emphasis on support to help you achieve, grow and de-block any issues when they're in your way.
Generally employees can choose their own hours, as long as they are collaborating and doing stand-ups etc. The emphasis is really on results.
As we are a highly structured and established company we are able to offer the security and support of a global business with the allure of a startup environment. Sporty is independently managed and financed, meaning we don’t have arbitrary shareholder or VC targets to cater to.
We literally build, spend and make decisions based on the ethos of building THE best platform of its kind. We are truly a tech company to the core and take excellent care of our Team Members.
