Analyst: AML Investigations Business Bank

Capitec Client Care; Sandton; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading South African financial institution is seeking a candidate to execute operational activities in AML Operations, which include due diligence and compliance investigations. The ideal candidate will have over 4 years of experience in a banking environment, with sound knowledge of money laundering legislation. Strong analytical skills and a Grade 12 qualification are essential. This role is based in Sandton, Gauteng.

Qualifications

• At least 4+ 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.
• Understanding of money laundering means and mechanisms on a global scale.

Responsibilities

• Execute daily operational activities within the Business Bank AML Operations environment.
• Implement and administrate legal and statutory requirements for FICA and related legislation.

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

Tools

MS Word

MS Excel

MS Outlook

Job description

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Date: 12 Aug 2025

Location: Sandton, 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 2001 (“FICA”), Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of 2004 (“POCDATARA”), Prevention of Organised Crime Act 121 of 1998 and all related legislation, within Capitec Bank
  
  

Experience

Minimum:

• At least 4+ 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.
  
  

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

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
  
  

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
  
  

Apply now »