Senior Anti-Money Laundering Specialist

Lerena Recruitment Services; Gauteng; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading recruitment service in South Africa seeks two Senior AML Onboarding Officers. The roles involve ensuring compliance with AML regulations, supporting junior staff, and managing client data. Candidates should have an LLB or BCOM/Risk qualification with over 4 years of relevant experience, alongside strong analytical skills and attention to detail.

Qualifications

• 4+ years AML/FICA compliance experience required.
• Knowledge of AML certificates, ACAMS, or compliance diplomas is advantageous.
• Good presentation skills and ability to work under pressure.

Responsibilities

• Discharge obligations under the FIC Act and conduct CDD/EDD.
• Compile reports for the Risk and Compliance Committee.
• Analyze sanctions and monitor daily alerts.

Skills

Attention to detail

Analytical skills

Time management

Education

LLB Degree

BCOM/Risk Qualification

Job description

Senior AML Onboarding Officers (X2)
My client is looking for two Senior AML Onboarding officers - one with a legal background and one with a commercial / accounting / risk background.
The main purpose of the role is to assist with the following:

• Discharging obligations under the FIC Act;
• FICA Remediation Projects, including client data remediation;
• Attending to client reviews (ad hoc and periodic);
• Assisting junior onboarding officers;
• Sign-off on onboarding matters;
• Managing outstanding CDD and EDD requirements with lawyers and secretaries;
• Reporting on CDD and EDD matters;
• Compiling reports for the Risk and Compliance Committee;
• Escalating matters to senior management;
• Researching AML trends and proposing process enhancements;
• Conducting Country Risk research and updating relevant data tables;
• Supporting AML portfolio management;
• Maintaining AML typology research and RBA Framework reviews;
• Updating the Firm's Country Risk Master Data Table.

Key responsibilities include:

• Accurate client data capture and conducting CDD and EDD;
• Researching sources like CIPC and Department of Home Affairs;
• Analyzing sanctions, PEP, and adverse media alerts;
• Distinguishing false positives from true matches;
• Preparing EDD templates and submitting to Risk Committee;
• Liaising with legal teams for CDD/EDD information;
• Monitoring daily alerts and ensuring current CDD info;
• Updating client information and re-screening as needed;
• Analyzing constitutive documents for entity clients;
• Ensuring regulatory reports are lodged timely;
• Developing AML training materials and conducting sessions;
• Supporting AML projects and compliance tasks.

Qualifications:

• LLB Degree or BCOM/ Risk Qualification with 4+ years AML/FICA compliance experience;
• Knowledge of AML certificates, ACAMS, or compliance diplomas advantageous;
• Personal attributes include good presentation, attention to detail, time management, analytical skills, and ability to work under pressure.