Financial Security Officer

Exceed Human Resource Consultants; Cape Town; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading company in financial services is seeking a Compliance Officer to assist with anti-money laundering and financial sanctions implementation. You will support the business in ensuring compliance with regulatory requirements while participating in various financial security initiatives. Strong candidates will have a relevant qualification and at least two years of experience in compliance.

Qualifications

• Minimum of 2 years' relevant experience in AML, Financial Sanctions, KYC.
• Strong knowledge of applicable regulatory framework.
• Exposure to regulatory bodies is advantageous.

Responsibilities

• Implement and monitor financial security projects related to compliance.
• Support business development by reviewing compliance of new operations.
• Train Business teams on compliance matters.

Skills

Compliance Risk Assessment

Financial Analysis

Regulatory Awareness

Project Management

Education

Relevant qualification

Tools

Compliance Management Tools

Job description

Reference:10437 SJConsultant:Sone JohnsonJob Description:

• Assist with implementation and organisation of the framework in terms of Anti Money-Laundering and Financial Sanctions, fighting against financial crimes and terrorism financing
• Support the Company’s efforts to build consistent and comprehensive client knowledge framework, ensuring compliance with regulatory requirements
• Analyse compliance risks as a part of business relationships
• Provide support to the business on the implementation of Financial Security projects
• Initiate or participate in projects aimed at improving Compliance practices
• Implement procedures and control plans for the application of statutory and Group obligations for Financial Security
• Use, manage and keep abreast of developments in the relevant tools used for Financial Security
• Ensure the effective implementation of Group required Sanctions and PEP lists
• Produce and monitor implementation of action plans for first line of defence
• Implement and monitor remediation projects linked to Financial Security, in close cooperation with the business
• Implement the KY- and Financial Security operating model in the context of the Compliance Transformation project and/or any new requirements issued by a Regulator or our shareholder
• Carry out recurrent KY- reviews or once-off control assignments on a specific Compliance risk
• Compliance Risk Assessment and escalation
• Formalise Compliance risks by logging it on the relevant tool and including action plans based on information and alerts communicated by stakeholders
• Support business development through reviewing and validating the compliance of new business, new products, services or operations
• Provide support, training and guidance to the Business teams on compliance matters, communicating the rules applicable to them and contributing to their operational adaption ensuring procedures are implemented
• Perform the role of Anti-bribery & Corruption (ABC) Correspondent

Qualifications:

• Relevant qualification
• Minimum of 2 years’ relevant experience (AML, Financial Sanctions, KYC etc.)
• Strong awareness of the control environment within Financial Services
• Exposure to dealing with Regulatory bodies advantageous
• Excellent knowledge of the applicable regulatory framework, compliance issues and applicable laws pertaining to the business

How to Apply:

• Email your comprehensive CV [e-mail].
• If you are already registered, please forward your CV and the relevant reference number to the consultant with whom you are currently registered in order to avoid duplicity on our system.
• We reserve the right to only conduct interviews with candidates of choice.
• Applicants who have not received feedback within 30 days from the closing date must please accept their application as unsuccessful.