Lethabo Yvette Boya

Risk and compliance professional with more than five years of experience in regulatory compliance, investigations, stakeholder engagement and risk-based supervision within the financial services sector. Currently serving as a compliance officer at the Financial Intelligence Centre (FIC), where I monitor compliance in anti-money laundering (AML) and counter-financing of terrorism (CFT) within South Africa's financial regulatory environment, conduct regulatory investigations and onsite or offsite reviews, engage with regulated institutions and the public, and support supervisory and enforcement activities. Experienced in complaint and enquiry resolution.

Compliance monitoring and reporting as well as relationship management with regulated entities. Possess a strong understanding of regulatory frameworks, governance, market conduct principles, and fair customer treatment. Currently expanding my expertise through a professional designation offered by Compliance Institute of Southern Africa for Compliance Practitioner (SA).

Compliance Officer - Risk & Compliance Monitoring at Financial Intelligence Centre (2023-05 – Present)

Monitoring tasks and activities on compliance monitoring systems and applications in relation to the compliance universe of entities, as directed.

• Conducting risk and compliance reviews of identified entities, within specified timelines, compiling reports on such reviews and follow up on remedial actions when necessary.
• Conducting desktop monitoring of institutions regarding registration and reporting compliance.
• Monitor compliance with financial sector legislation and regulatory requirements across supervised institutions.
• Liaise with member of the public, regulated institutions, supervisory bodies and other stakeholder in resolving complaints and compliance enquiries within prescribed turnaround times.
• Drafting responses to stakeholder correspondence and drafting minutes of stakeholder meetings, within prescribed timelines and format.
• Engage with supervisory bodies and external institutions to monitor and enhance the level of understanding of ML/TF/PF risks and compliance with FIC Act.
• Identifying compliance issues experienced and provide compliance solutions to identified issues within assigned industry sectors affected by the FIC Act.
• Develop a sound understanding of the activities and the ML/TF/PF risks of assigned regulated institutions and sectors under the FIC Act.
• Build and maintain professional relationships with assigned supervisory bodies, regulated institutions, persons and sectors under the FIC Act.
• Work closely with other programmes within the Division and FIC to deliver on all outputs.
• Review and revise risk-based compliance research papers of existing and new industry sectors or stakeholders.
• Assist with inspections when required, including the follow up on remedial actions.
• Contribute to cross-functional projects relating to regulatory compliance, reporting obligation and supervisory frameworks
• Adhere to administration and record management policies/procedures within the FIC.

Compliance Officer - Risk, Legal and Compliance at JD Group (2020-03 – 2023-04)

• Reporting regulatory reports to the FIC through goAML platform.
• Ensure proper FICA processes are followed whilst onboarding new dealers/ clients.
• Development and implementation of Compliance Risk Management Plans (CRMPs) to ensure compliance with the legislation and prepare training materials thereof.
• Monitor compliance with relevant legislation & thorough review/ update of internal policies and procedures.
• Interpret regulation and legislation and assist business units with practical implementation thereof and ensure the company is compliant with all the respective legislation and best practices.
• Ensure all information is handled and stored meets the requirements of the protection of personal information Act (POPIA).
• Prepared reports and maintained accurate compliance and operational records.
• Ensure that licenses are renewed on time with the relevant regulator.
• Follow up with relevant internal Departments on ongoing matters and ensure positive resolution.
• Research and communicate applicable legislative developments to all stakeholders in a timeous manner and their impact on the company.
• Build relationships with stakeholders.
• Investigate complaints and enquires within the required turnaround times and ensure timeous escalation of compliance risk and incidents, update SAP systems with the status of the query.
• Development and implementation of Compliance/ Risk Universe, prepare legal opinions.
• Training & mentoring of graduates.

Examination Assistant at Department of Education (2018-11 – 2018-12)

Generally assisting with marking grade 12 examination papers.

• Record and filling of marks and examination papers.
• Support data entry or filing related to examination results.
• Provide general administrative support to the exam office when needed.

Short Learning Programme in Money Laundering Control – University of Johannesburg (2026-01 – 2026-06)

Bachelor of Commerce Honours in Economics – University of Limpopo (2018-01 – 2018-12)

Bachelor of Commerce in Economics – University of Limpopo (2014-01 – 2017-12)

National Senior Certificate – Bakenberg High School (2012 – 2012)