Manager: Investigations and Reporting, Business Bank

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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:

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

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

Purpose Statement

• To lead and manage the Anti-Money Laundering (AML) Suspicious Activity Investigations and Reporting function by enhancing identification, monitoring, investigation and reporting in accordance with Capitec’s Risk Based Approach as envisaged in the RMCP.
• To proactively minimise AML risk and exposure and protect the Bank.
• To ensure effective payment monitoring and screening and reporting to the FIC.

Experience

Minimum:

• At least 6 years’ Suspicious Activity Investigation & Reporting experience within a business banking environment where judgement, decision making and assessment were required.
• Exposure to Regulatory Reporting of CTRs, CTRAs, STR’s, SAR’s, TPR’s, TFAR or TFTR’s.
• Experience of operationally managing a function or department: business planning, managing and leading a team.
• At least 1 years’ experience in Correspondent Banking.

Ideal:

• At least 8 years’ Suspicious Activity Investigation & Reporting experience within a business banking environment where judgement, decision making and assessment were required.
• At least 2 years’ experience in Regulatory Reporting of CTRs, CTRAs, STR’s, SAR’s, TPR’s, TFAR or TFTR’s.

Qualifications (Minimum)

• Bachelor's Degree in Finance or Financial Risk Manager (FRM).

Qualifications (Ideal or Preferred)

• Honours Degree in Financial Risk Manager (FRM).

Knowledge

Minimum:

• Comprehensive knowledge of:
  • Regulations pertaining to anti-money laundering and combating of terrorist financing.
  • AML trends, typologies and red-flags.
  • Automated Transaction Monitoring and payment screening.
  • Transactional investigations and analysis.
  • Regulatory reporting and compliance landscape and requirements.
  • Business and commercial banking.
  • Cash Transaction Report (CTRs), Cash Threshold Aggregation Report (CTRAs), Suspicious Transaction Report (STR’s), Suspicious Activity Reports (SAR’s), Terrorist Property Reports (TPR’s), Terrorist Financing Activity Report (TFAR) or Terrorist Financing Transaction Report (TFTR’s).
  • People management principles and practices.
• Knowledge of:
  • Risk factors, and preventing and reporting money laundering and related activities in banking and financial services industry.
  • KYC requirements, Ongoing and Enhanced Due Diligence investigations, Customer Screening and Adverse Media Management.
  • International Funds Transfers, including International Trade based businesses and transactions.
  • The Swift payments and Correspondent Banking practices.
  • MS Office suite.
  • Leadership practices.

Ideal:

• Knowledge of the Capitec Bank environment.

Skills

• Analytical Skills.
• Interpersonal & Relationship management Skills.
• Management skills.
• Planning, organising and coordination skills.
• Decision making skills.
• Problem solving 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.