Analyst : Aml Operations

Capitec Bank Ltd; Gauteng; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading financial institution in South Africa is seeking individuals for AML operational roles. The position involves executing and analyzing daily banking operations relating to Anti-Money Laundering. Candidates should possess at least a Grade 12 qualification, with 1-2 years of relevant experience in an investigative role within banking. Ideal applicants will have a Bachelor's degree and knowledge of compliance regulations. Clear criminal record is a must.

Qualifications

• Minimum: 1-2 years investigation experience in a financial/banking setting.
• Ideal: 2+ years in Financial Crime Operations (AML, Fraud).
• Legislation regarding money laundering control knowledge required.

Responsibilities

• Execute and analyze daily operational activities in Retail AML Operations.
• Conduct Enhanced Due Diligence on high-risk clients.
• Implement legal requirements as per financial regulations.

Skills

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

Attention to Detail

Analytical Skills

Researching skills

Reporting Skills

Education

Grade 12 National Certificate / Vocational

Bachelor's Degree in Commerce or Risk and Compliance

Job description

Overview

We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry.

Application Steps

To be part of the journey, follow the steps below : 1.

To see what life at Capitec is all about and complete a short assessment, please click here2.

Once you have completed the above finalize your application by clicking apply below.

Purpose Statement

To execute and analyse daily operational activities within the Retail AML Operations environment, including Enhanced Due Diligence on high risk clients, Investigation of suspicious transactions, sanctions and PEP screening, and reporting. To implement and administrate 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.

• 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 ...

Experience

Minimum: At least 1-2 year's investigative experience within a financial / banking environment within an AML environment. At least 1 year Experience with collating and analysing information and making decisions based on the information. Ideal: 2+ years' experience in a Financial Crime Operations Environment (AML, Forensics, Fraud) FICA exposure within a financial / banking environment.

Qualifications

Minimum: Grade 12 National Certificate / Vocational.

Ideal: Bachelor's Degree in Commerce or Risk and Compliance.

Knowledge

Minimum: Legislation regarding money laundering control and combating of terrorist financing, Client due diligence and or an AML environment, Basic regulatory knowledge, Business and commercial awareness, Know Your Customer (KYC) procedures, Customer set up on Bancs system, Investigation methodology and techniques. Ideal: Client due diligence and Enhanced due diligence on a customer, Knowledge of Capitec Bank; products and services.

Skills

Computer Literacy (MS Word, MS Excel, MS Outlook), Attention to Detail, Analytical Skills, Researching skills, Reporting Skills.

Conditions of Employment

Clear criminal and credit record. Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.