AML, CFT, CPF & Sanctions Research Analyst

nedbank; Johannesburg; On-site; ZAR 600 000 - 700 000; Full time

Job summary

A financial services group in Johannesburg is seeking an AML, CFT, CPF & Sanctions Research Analyst. The role involves researching and analyzing trends in compliance, developing guidelines, and enhancing stakeholder awareness regarding money laundering and sanctions. The ideal candidate has a relevant degree and 3-6 years of anti-money laundering experience. This position offers a challenging environment with opportunities for professional growth.

Qualifications

• 3 - 6 years Anti-Money Laundering Experience.
• 2- 4 years’ experience in Risk Management research methodology.

Responsibilities

• Conduct research to provide input and updates on policies and training.
• Identify ML, TF, PF and sanctions related issues through research.
• Research competitor policies to position the company competitively.
• Prepare and share information and research papers.
• Liaise with stakeholders to clarify discrepancies.

Skills

Industry Trends

Business Acumen

Research Methodology

Stakeholder Management

Governance, Risk and Controls

Relevant regulatory knowledge

Compliance Reporting

Reputational Risk Management

Risk management process and frameworks

Decision Making

Earning Trust

Managing Work

Communication

Technical/Professional Knowledge and Skills

Education

Relevant Degree

Job description

AML, CFT, CPF & Sanctions Research Analyst

Details

Location: Johannesburg, ZA

Reference: 142779

REQ 142779 Thembi Mtshali

Location: Johnnesburg

Closing Date: 11 November

Job Family

Risk, Audit and Compliance

Regulatory Compliance

Manage Self: Professional (MSP)

FAIS Affected

Job Purpose

To research, analyse and interpret trends, best practice and regulatory risk requirements and develop and disseminate information, guidelines, processes and research papers associated with money laundering (ML); terrorist financing (TF), proliferation financing (PF) and sanctions risk management; to ensure local and international regulatory standards across Nedbank Group are met.

Job Responsibilities

• Conduct research to provide input and assist in updates to policies, principles, methodologies, procedures, processes and training and issue guidance to ensure the mitigation of risks associated with ML, TF, PF and sanctions.
• Conduct research on trends, best practice and regulatory risk requirements associated with ML, TF, PF and sanctions.
• Identify ML, TF, PF and sanctions risk related issues, through research, and make recommendations to mitigate the risk, improve processes and ensure regulatory compliance.
• Identify amended and/or new legislation, guidance and best practice through subscriptions, research and stakeholder engagements, to analyse and determine impact on Nedbank and advise relevant stakeholders, including subsidiaries, for updates to policies, principles, methodologies, procedures and training to be affected.
• Research competitor policies and procedures to position Nedbank competitively and benchmark against the industry.
• Identify sanctions related information to ensure awareness is created with stakeholders and updates are affected to the applicable policies, principles, methodologies, processes, procedures and training.
• Identify opportunities to improve business understanding, enhance knowledge and mitigate risks.
• Determine scope of research requested by stakeholders.
• Develop research papers and/or guidelines and processes.
• Prepare and share information, research papers and/or guidelines.
• Ensure necessary awareness, communication, and dissemination of information and/or guidelines take place.
• Liaise with stakeholders to fully understand expectations and/or requirements and deliver feedback to management and stakeholders on progress.
• Identify relevant stakeholders for the dissemination of research findings, information, and guidelines to achieve required impact.
• Maintain relationships with relevant stakeholders to obtain applicable content and/or trends to be included in policies, principles, methodologies, procedures and training.

Job Responsibilities Continue

• Liaise with stakeholders to clarify discrepancies and provide input and feedback based on research findings to ensure risks are mitigated.
• Interact with stakeholders to build and maintain mutually beneficial relationships, aligning regulatory requirements and considering international standards.
• Maintain relationships with relevant stakeholders to obtain the applicable advice to inform the research scope and guidance provided prior to distribution.
• Improve personal and professional capability and stay abreast of development in field of expertise by identifying training opportunities.

Essential Qualifications - NQF Level

• Relevant Degree

Preferred Certifications

• ACAMS; Money Laundering certificate (UJ) - preferred

Minimum Experience Level

• 3 - 6 years Anti-Money Laundering Experience
• 2- 4 years’ experience in Risk Management research methodology

Technical / Professional Knowledge

• Industry Trends
• Business Acumen
• Research Methodology
• Stakeholder Management
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Compliance Reporting
• Reputational Risk Management
• Risk management process and frameworks
• Decision Making
• Earning Trust
• Managing Work
• Communication
• Technical/Professional Knowledge and Skills

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Please contact the Nedbank Recruiting Team at [phone]

For assistance please contact the Nedbank Recruiting Team at [phone]