Initiate International

Risk & Compliance Manager

Initiate International  •  Cape Town, ZA (Onsite)  •  2 days ago
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Job Description

We are hiring a Risk & Compliance Manager to join a growing iGaming and sports betting business operating within regulated African markets.

This is a key role responsible for protecting the business from regulatory, financial and operational risk while ensuring the organisation remains compliant with applicable gambling legislation and industry standards.

The successful candidate will work closely with senior leadership, operations, finance, payments, marketing and customer teams to build a strong risk and compliance culture while supporting the continued growth of the business.

What You'll Do

  • Lead the company's risk and compliance framework, ensuring policies, controls and processes are aligned with regulatory requirements.
  • Monitor and interpret changes in gambling legislation, licensing requirements and regulatory expectations across relevant African markets.
  • Oversee AML, KYC, CDD and EDD processes and ensure appropriate controls are implemented and maintained.
  • Develop and maintain effective risk assessments, compliance policies, procedures and internal controls.
  • Identify, assess and mitigate operational, regulatory, financial and reputational risks.
  • Oversee fraud prevention and detection, including suspicious player activity, account abuse and payment-related risks.
  • Work closely with payments and finance teams to identify and manage transactional and financial crime risks.
  • Ensure effective Responsible Gambling controls are in place, including player monitoring, affordability considerations and responsible gambling interventions.
  • Manage regulatory reporting, compliance submissions, audits and regulatory correspondence where required.
  • Support licensing and regulatory activities across relevant jurisdictions.
  • Conduct regular compliance reviews and identify areas requiring improvement.
  • Investigate compliance breaches, suspicious activity and risk incidents, ensuring appropriate escalation and remediation.
  • Provide senior management with clear reporting on risk exposure, compliance performance and emerging regulatory issues.
  • Develop and deliver compliance training to internal teams.
  • Work cross-functionally to ensure compliance is embedded into day-to-day business operations rather than operating as a standalone function.
  • 5+ years' experience in Risk, Compliance, AML, Fraud or a related discipline, ideally within iGaming, online gambling, sportsbook or financial services.
  • Strong understanding of African gambling regulations and regulated iGaming environments.
  • Practical experience with AML, KYC, CDD/EDD and financial crime controls.
  • Experience managing or implementing risk and compliance frameworks.
  • Strong understanding of fraud, payments and player risk within an online gaming environment.
  • Knowledge of Responsible Gambling principles and regulatory requirements.
  • Experience working with gambling regulators and/or supporting licensing and regulatory audits.
  • Strong analytical and investigative skills, with the ability to identify trends and emerging risks.
  • Excellent understanding of regulatory requirements and the ability to translate legislation into practical business processes.
  • Strong stakeholder management skills and the confidence to work with senior leadership.
  • Highly organised, commercially aware and comfortable working in a fast-paced, high-growth iGaming environment.
  • A proactive, hands-on approach with the ability to operate independently in a remote environment.

Advantageous

  • Experience across multiple African iGaming jurisdictions.
  • Experience within an online sportsbook, casino or betting operator.
  • Exposure to fraud prevention, payments risk or player protection.
  • Relevant qualifications in Compliance, Risk Management, AML, Law, Finance or a related field.
  • Experience with risk/compliance platforms and monitoring tools.

The Opportunity

This is an excellent opportunity for a Risk & Compliance professional who wants to play a meaningful role in a growing iGaming business, with the opportunity to influence how risk is managed, compliance is embedded and the business operates across regulated markets.

Apply

Apply now by sending your CV to contact@initiateinternational.com for this Risk & Compliance Manager role. If you wish to view additional Gaming, Betting, & Gambling jobs, please click through to our job section.

Initiate International

About Initiate International

Initiate International is first & foremost the leading Recruiter to the iGaming & Fintech industry across the African Continent, having been formed in South Africa back in 2007. Since we joined The Conexus Group in 2023, we now have the ability to offer global recruitment assistance to our clients & candidates through our sister recruitment brand, Pentasia, with their network of offices spanning every other continent. The Conexus Group portfolio also consists of an M&A Advisory, Payments Consultancy, Training Academy & Marketing Services business enabling us to offer a full-service consulting arm.

Initiate International is a team of specialist recruitment consultants who share a passion for recruitment. We ascribe to a more modern approach to recruitment where we, our clients and candidates form one team. It's through working as a team that we are able to identify a perfect match for both clients and candidates.

Exceptional service and quality delivery lie at the heart of the company, we therefore believe in taking a personalised approach to recruitment by striving to understand not only the requirements of our Clients but the nature and corporate culture of their business. In doing so we are not only able to identify the perfect match for your employment needs but are able to provide an employee who will make an immediate impact and begin to add value to your company from day one.

One of the keys to Initiates success is the wealth of industry knowledge its diversified staff of recruitment specialists have acquired throughout their personal experience and acquired networks in their relevant fields. Each division is headed by a qualified senior consultant who will personally consult and advice on the best solution for your recruitment needs.

Industry
HR & Recruiting
Company Size
11-50 employees
Headquarters
Johannesburg, ZA
Year Founded
2007
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