Analyst : Aml Investigations Business Bank

Capitec Client Care; Gauteng; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A financial institution in Gauteng is looking for a candidate to execute daily AML operations, including investigations on suspicious transactions. The ideal candidate will have at least 2-3 years of experience in a business banking setting and a strong understanding of regulatory requirements. A Grade 12 certificate is mandatory, while a Bachelor's Degree in Risk and Compliance is preferred. Candidates must have clear criminal and credit records.

Qualifications

• At least 2-3 years' investigative experience within a business banking environment.
• FICA exposure within a business banking environment is beneficial.
• Understanding of money laundering control and risk management.

Responsibilities

• Execute daily operational activities within the Business Bank AML Operations environment.
• Conduct investigations of suspicious transactions and name screening.
• Implement legal and statutory requirements for AML.

Skills

Analytical Skills

Attention to Detail

Computer Literacy (MS Word, MS Excel, MS Outlook)

Planning, organising and coordination skills

Reporting Skills

Education

Grade 12 National Certificate / Vocational

Bachelor's Degree in Risk and Compliance Knowledge

Job description

Apply now » Date : 29 Aug

Location

Sandton, GT, ZA

Company

Capitec Bank Ltd

Purpose Statement

To execute daily operational activities within the Business Bank AML Operations environment, including enhanced due diligence, investigation of suspicious transactions, name and payment screening, reporting, and quality assurance, thereby implementing and administrating legal and statutory requirements for the Financial Intelligence Centre Act 38 of (FICA), Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of (POCDATARA), Prevention of Organised Crime Act of (??) and all related legislation, within Capitec Bank.

Experience (Minimum)

At least 2-3 year's investigative experience within a business banking environment within an AML environment. Experience with collating and analysing information and making decisions based on the information. Interpretation and application of regulatory requirements.

Experience (Ideal)

FICA exposure within a business banking environment. Experience in a financial or legal institution or investigative environment.

Qualifications (Minimum)

Grade 12 National Certificate / Vocational

Qualifications (Ideal Or Preferred)

Bachelor's Degree in Risk and Compliance Knowledge

Knowledge (Minimum)

Legislation regarding money laundering control, proliferation finance and combating of terrorist financing. Understanding of money laundering means and mechanisms on a global scale. Understanding of sanctions. Client due diligence and AML environment. Understanding the Risk Management and Compliance Programme and the purpose it serves in AML. Business acumen. Know Your Customer (KYC), risk based approach. Investigation methodology and techniques. Use of Excel and Word. Report writing and evidence gathering. Business entity structures and related AML requirements.

Knowledge (Ideal)

Client due diligence and investigations on juristic and non-juristic clients. Knowledge of commercial banking products, services and channels. Knowledge of Trade-based money laundering.

Skills

• Analytical Skills
• Attention to Detail
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Planning, organising and coordination skills
• Reporting Skills

Conditions of Employment

Clear criminal and credit record