Onsite AML/CFT Lead — Banking & Insurance Compliance

Bomkazi Consulting; Gauteng; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Bomkazi Consulting is seeking aSenior AML/CFT Compliance Manager to lead an inspections and on-site supervision team ensuring banks' compliance with the FIC Act and AML/CFT standards. Role includes developing manuals, planning inspections, and delivering findings with actionable recommendations.

You will oversee risk-based inspections, coordinate with banks and life insurers, and report progress to management.

Qualifications

• Postgraduate qualification in Finance, Law, Business Management or relevant field.
• Minimum of eight years AML/CFT compliance experience in financial services, supervisory body or regulatory environment.
• At least two years of experience managing teams.

Responsibilities

• Lead and manage the AML/CFT team responsible for inspections and on-site supervision for banks' AML/CFT and CPF compliance.
• Develop and maintain worksheets and process manuals for inspections and on-site reviews.
• Attend a programme of inspections and reviews with banks and life insurers annually.
• Handle administrative arrangements for each inspection and on-site review.
• Maintain a project plan for individual inspections and reviews.
• Execute inspections and on-site reviews at bank and life insurer premises.
• Produce inspection and on-site review findings reports and closing letters with recommendations.
• Ensure inspections are risk-based and effective.
• Provide management information on inspection progress.
• Manage the performance of the AML/CFT team.

Skills

Team leadership

Regulatory knowledge

Report writing

Education

Postgraduate qualification in Finance/Law/Business Management

Job description

Bomkazi Consulting is seeking aSenior AML/CFT Compliance Manager to lead an inspections and on-site supervision team ensuring banks' compliance with the FIC Act and AML/CFT standards. Role includes developing manuals, planning inspections, and delivering findings with actionable recommendations.

You will oversee risk-based inspections, coordinate with banks and life insurers, and report progress to management.