Senior Banking Compliance Specialist - AML/FAIS Expert

Korakhoa Solutions; KwaZulu-Natal; Presencial; ZAR 700.000 - 850.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Room to negotiate

Descripción de la vacante

Korakhoa Solutions in Umhlanga, South Africa is seeking a Compliance Specialist with 5–7 years’ FAIS/AML/CFT banking experience to join the Head Office team.

You will apply deep knowledge of the FIC and FAIS Acts, conduct analytics to detect financial crime, guide branches on regulatory requirements, and prepare reports for management. This role emphasizes data-driven risk assessment, training, and cross‑functional collaboration across teams to uphold compliance and trust.

Formación

• 5–7 years’ experience in FAIS/AML/CFT within banking.
• Knowledge of FIC and FAIS acts and subordinate legislation.
• Strong data analysis skills using Excel.
• Relevant legal/finance qualifications or compliance courses.

Responsabilidades

• Guide and advise Branches on AML/CFT and FAIS requirements.
• Conduct compliance training as per the compliance training plan.
• Conduct compliance monitoring and testing, including providing recommendations and actions plans.
• Assist in filing of Cash threshold reports to the FIC on the goAML platform.
• Assist in managing all projects relating to the reporting to the FIC.
• Conduct investigations and file STRs/SARS to FIC on the goAML platform.
• Review and recommend for approval the opening of all high-risk accounts and reporting thereof.
• Reviewing and closing of transaction monitors.
• Prepare and submit monthly and quarterly reports to management on STR/SARS filed, high risk accounts, frozen accounts and the compliance monitors.
• Run and analyse compliance reports and interrogate data using Microsoft Excel to identify trends, anomalies and potential compliance risks, and provide clear insights to support management decision-making.
• Regularly review the Compliance Monitor’s functioning, quality of commentary and timeliness of clearing.
• Updating and managing SWIFT KYC Registry.

Conocimientos

AML/CFT compliance

Regulatory knowledge

Data analysis

Attention to detail

Educación

Legal/Finance qualification

Herramientas

Excel

Descripción del empleo

Korakhoa Solutions in Umhlanga, South Africa is seeking a Compliance Specialist with 5–7 years’ FAIS/AML/CFT banking experience to join the Head Office team.

You will apply deep knowledge of the FIC and FAIS Acts, conduct analytics to detect financial crime, guide branches on regulatory requirements, and prepare reports for management. This role emphasizes data-driven risk assessment, training, and cross‑functional collaboration across teams to uphold compliance and trust.