Manager: AML Operations

Capitec Bank Ltd.; Milnerton; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Capitec Bank Ltd. in South Africa is seeking an AML Operations Leader to oversee the day-to-day execution of AML operations in compliance with all AML/CFT legislation and regulatory requirements.

You will guide operational teams to achieve objectives while upholding quality, efficiency, and accuracy. The role requires 3–5 years in AML operations, at least 2 years of leadership, and a risk-management background.

Qualifications

• 3 - 5 Years AML Operations Experience.
• Min 2 Years Leadership experience within AML Operations Environment.
• Bachelor's Degree in Risk Management.

Responsibilities

• To execute and oversee the day-to-day operational delivery of assigned AML Operations functions in compliance with AML/CFT legislation and regulatory requirements.
• To ensure operational teams deliver their objectives while maintaining high standards of quality, efficiency and accuracy; to lead and develop team members; and to support the Manager: AML Operations in the strategic delivery of the FCO function.

Skills

Analytical Skills

Attention to Detail

Interpersonal & Relationship

Planning & Coordination

Education

Bachelor's Degree in Risk Management

A Relevant Professional Qualification

Bachelor's Degree in Commerce or Risk Management

Job description

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

Purpose Statement

To execute and oversee the day-to-day operational delivery of assigned AML Operations functions in compliance with all AML/CFT legislation and regulatory requirements.
To ensure operational teams deliver their objectives while maintaining high standards of quality, efficiency and accuracy; to lead and develop team members; and to support the Manager: AML Operations in the strategic delivery of the FCO function.

Experience

• 3 - 5 Years AML Operations Experience
• Min 2 Years Leadership experience within AML Operations Environment

Qualifications (Minimum)

• Bachelor's Degree in Risk Management

Qualifications (Ideal or Preferred)

• A Relevant Professional Qualification
• Bachelor's Degree in Commerce or Risk Management

Knowledge

• Basic regulatory and compliance knowledge.
• Legislation relating to Anti-Money Laundering (AML), Combating of Terrorist Financing (CTF), Proliferation Financing (PF), sanctions, and applicable regulatory reporting obligations.
• Knowledge of Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Ongoing Due Diligence (ODD), and customer risk assessments.Knowledge of transaction monitoring, sanctions screening, PEP screening, adverse media screening, and suspicious activity identification.
• Knowledge of all regulatory reporting requirements, including STR/SAR, CTR, TPR, TFAR, IFTR and other applicable FIC reporting obligations.
• Knowledge of financial crime trends, emerging typologies, and industry best practices.
• Understanding of data analysis, investigative techniques, and evidentiary requirements for regulatory reporting and decision-making.

Skills

• Analytical Skills
• Attention to Detail
• Interpersonal & Relationship management Skills
• Planning, organising and coordination skills

Conditions of Employment

• Clear criminal and credit record

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06