Money Laundering Investigator

Nedbank; Johannesburg; Vor Ort; ZAR 650.000 - 1.000.000; Vollzeit

Zusammenfassung

Nedbank is seeking a seasoned Money Laundering Investigator to assess unusual transaction activity and ensure timely reporting to the Financial Intelligence Centre (FIC). The role requires collaboration with Group Forensic Services, compliance stakeholders, and ERCOs to mitigate regulatory risk and uphold governance standards.

Qualifications include a Diploma plus AML/CFT certifications, with at least five years of relevant experience in banking or financial services.

Qualifikationen

• 5+ years of experience in Money Laundering investigations within banking or financial services.
• Proven experience in transaction monitoring, FICA reporting to FIC, STRs/SARs, regulatory compliance and stakeholder engagement.

Aufgaben

• Highlight relevant risks pertaining to potential money laundering activities.
• Liaise with stakeholders to understand expectations and provide feedback to management.
• Interact with Group Forensic Services to align with regulatory requirements and actions.
• Provide input on unusual/suspicious activities and implement actions to mitigate risk.
• Respond to guidance requests from stakeholders on unusual/suspicious activities.
• Provide information to stakeholders on unusual/suspicious activities.
• Manage billable hours allocated and investigate alleged unusual/suspicious transactions.
• Contribute to Nedbank culture and CSI initiatives.
• Stay abreast of developments in the field and pursue personal growth.
• Understand Nedbank vision and values, leading by example.
• Add value by identifying opportunities to enhance processes, systems, and policies.
• Share knowledge to improve team success and ensure correct information to stakeholders.
• Use resources to conduct investigations and substantiate referrals of unusual/suspicious activities.
• Analyze information according to quality standards and compile reports for FIC regulatory reporting.
• Record details of unusual/suspicious transactions.
• Identify operational and risk issues and update MIS for reporting to ERCOs/MLCPs.

Kenntnisse

Forensic examination

Fraud investigation

Governance, Risk and Controls

Regulatory knowledge

Business writing

Decision making

Work standards

Managing work

Ausbildung

Diploma

Bachelor of Arts. Law or related qualifications

Certificate: Money Laundering Control

Tools

ACAMS

ACFE

Jobbeschreibung

To investigate unusual and/or suspicious transactions that may fall within the ambit of money laundering andaccordingly report to the Financial Intelligence Centre (FIC) to ensure Nedbank meets regulatoryrequirements.

Job Responsibilities

• Highlight relevant risks pertaining to potential money laundering activities.
• Liaise with stakeholders to fully understand expectations and/or requirements to provide feedback to management and stakeholders on progress and to ensure expectations are met.
• Interact with stakeholders within Group Forensic Services (GFS) to build and maintain mutually beneficial relationships to ensure alignment of regulatory requirements and to ensure further action taken on matters referred.
• Provide objective input to stakeholders on, and create awareness of, unusual and/or suspicious activities and actions to be implemented, to mitigate risk, maintain collaborative relationships and meet expectations and needs of clients.
• Respond to requests for guidance on unusual and/or suspicious activities from stakeholders.
• Provide information to stakeholders on unusual and/or suspicious activities.
• Manage billable hours allocated. Investigate alleged unusual and/or suspicious transactions.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, leading by example.
• Add value to Nedbank by identifying and recommending opportunities to enhance processes, systems and policies.
• Maintain knowledge management, and improve team success by sharing knowledge with team to ensure information is provided correctly to stakeholders.
• Use and access various resources to conduct investigations and report unusual and/or suspicious activities. Substantiate referral of unusual and/or suspicious activities.
• Analyse information by following quality standards and methodology, compile report containing findings of unusual and/or suspicious transactions, and submit reports of these transactions to the Financial Intelligence Centre (FIC) to meet regulatory requirements.
• Record details of unusual and/or suspicious transactions.
• Identify operational and risk related issues. Update management information on relevant system (MIS) so that information regarding fraudulent trends can be reported to Enterprise Risk Committees (ERCOs) and Money Laundering Executive Steering Committees (MLCP) for implementation of preventative and corrective action.

Essential Qualifications - NQF Level

• Diploma

Preferred Qualification

• Bachelor of Arts. Law or any related qualifications
• Certificate: Money Laundering Control

Preferred Certifications

• Completed a certificate in Commercial Forensic Practitioners (ICFP),
• Association of Certified Anti-Money LaunderingSpecialists (ACAMS)
• Association of Certified Fraud Examiners (ACFE)

Minimum Experience Level

• At least 5 years of experience in Money Laundering investigations within the banking or broader financial services sector.

Proven experience in transaction monitoring, financial crime investigations, FICA reporting to the Financial Intelligence Centre (FIC), suspicious transaction and activity reporting (STRs/SARs), regulatory compliance, and stakeholder

Technical / Professional Knowledge

• Forensic examination
• Fraud investigation methodology
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills
• Decision Making
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills

Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).