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AML Specialist

Sporty

Western Cape, South Africa (Hybrid)

AML Specialist

2 Weeks ago • 4-6 Years

Job Summary

Job Description

Sporty's is seeking an AML Specialist in Cape Town, South Africa. This role is crucial for protecting the company from money laundering and terrorist financing risks within the iGaming sector. The specialist will work under the Compliance Manager, managing daily monitoring, investigations, reporting, and continuous improvement activities to ensure compliance with the Financial Intelligence Centre Act (FICA), regulatory license conditions, and Financial Action Task Force (FATF) standards. Key responsibilities include transaction monitoring, screening, case investigations, regulatory reporting (STRs/SARs), customer due diligence, record keeping, and policy improvement. The role requires a bachelor's degree and 4-6 years of AML experience in specific industries, with strong knowledge of South African financial regulations.

Must have:

4-6 years of AML/financial crime experience
Knowledge of FICA, FATF recommendations
Competent with AML monitoring tools
Strong analytical and report-writing skills

Good to have:

ACAMS, ICA AML or equivalent certification
Experience in iGaming, payments, or fintech

Perks:

Quarterly and flash bonuses
Flexible working hours
Top-of-the-line equipment
Referral bonuses
28 days paid annual leave
Annual company retreat
Global, multicultural organization
Payment via DEEL
Impactful roles in small teams
Stability and security

2 skills required

2 skills required for this role

Add these skills to join the top 1% applicants for this job

excel

risk-management

Job Details

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.