Risk And Compliance Intern Position at Momentum Group — Exci

Opportunity for Risk And Compliance Intern at Momentum Group

Momentum Group Limited is a leading South African financial services organization, significantly impacting the life insurance sector and integrated financial services. As a proud Level 1 B-BBEE contributor, we are dedicated to helping individuals, families, and businesses realize their financial dreams. Our diverse portfolio includes renowned brands like Momentum, Metropolitan, Guardrisk, and Eris Property Group, enabling us to deliver innovative solutions tailored to our clients’ evolving needs.

At Momentum Group, we aim to rehumanize every interaction with our clients, stakeholders, and communities. We believe in placing genuine care, empathy, and human connection at the heart of our endeavors, striving for lasting value and a meaningful impact on the communities we serve.

Disclaimer: As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The Risk And Compliance Intern will gain practical experience by supporting the Risk and Compliance function. This role involves identifying, assessing, monitoring, and reporting on regulatory, compliance, and operational risks. Interns will get exposure to governance, risk management, regulatory compliance, conduct risk, and regulatory change management within a financial services environment.

Requirements

• Recognized FSCA degree at NQF level 7 (e.g., LLB/BCom Law/BA Law).
• Foundational understanding of general legal principles, risk management, corporate governance, and regulatory compliance.
• Familiarity with key financial services regulatory frameworks; ability to identify, assess, and communicate legal, regulatory, and operational risks effectively.
• Understanding legal frameworks, regulatory guidelines, and industry best practices governing Anti-Money Laundering (AML) efforts.
• Knowledge of common money laundering schemes, terrorist financing methods, and other financial crimes.
• Proficient in Microsoft Office Suite.

Duties & Responsibilities

Internal Process

• Analyze transaction data to identify suspicious activities or patterns.
• Collect, review, and analyze information to ensure compliance with Customer Due Diligence (CDD) regulations.
• Monitor financial transactions for potential red flags or AML breaches.
• Prepare reports on suspicious activity and compliance-related matters.
• Research new regulations, industry trends, and AML best practices.
• Assist in capturing, tracking, and maintaining AML regulatory reports, risk registers, risk assessments, and process documents.
• Provide administrative support to more experienced AML professionals.
• Support the maintenance of compliance obligations and regulatory registers.
• Assist in preparing compliance, risk, and governance reports for management.
• Collect, analyze, and report on risk and compliance information.
• Assist with tracking and resolution of audit findings and regulatory developments.
• Support coordination of regulatory submissions and engagements with regulators.
• Assist with compliance reviews and monitoring activities across business units.
• Conduct research on regulatory requirements and draft memorandums and opinions.
• Maintain records related to policies and governance documentation.
• Provide logistical support to the Risk and Compliance team.

Client Process

• Build and maintain relationships with internal and external stakeholders.
• Deliver on service level agreements to manage client expectations.
• Cultivate a culture that builds relationships, facilitates feedback, and ensures exceptional client service.
• Promote a work-centric culture of productivity and quality management.
• Take ownership of driving career development.

Competencies

• Attention to Detail
• Verbal and Written Communication
• Data Analysis
• Ethical Judgment
• Investigative Skills
• Problem-Solving
• Analytical and Critical Thinking
• Collaboration and Teamwork

This internship is a temporary position based in Centurion, Gauteng. The application closing date is 2026-11-14, and you can refer to the job reference number MMH261105-10 for application-related inquiries.

How to Apply

Applications close on 14 November 2026. Apply before the closing date to avoid missing this opportunity.