Senior STR & Regulatory Reporting Lead

African Bank; Midrand; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

African Bank is looking for a leader to manage its Transaction Monitoring Reporting function, ensuring timely analysis and reporting of transaction monitoring data. The role encompasses supporting the Bank's AML, CTF, and fraud risk management frameworks.

Candidates should possess a postgraduate qualification in relevant fields and have significant experience in compliance and risk management, with a strong focus on governance and reporting processes.

Qualifications

• Minimum 7–10 years' experience in banking, financial services, or compliance.
• At least 3–5 years in a management or leadership role.
• Strong analytical skills and evidence-based methodology.

Responsibilities

• Lead the triage of STR referrals and alerts from transaction monitoring systems.
• Ensure timely submission of SAR narratives to FIC via goAML.
• Maintain case management systems with audit trails for each investigation.
• Produce regular STR management information for governance forums.

Skills

Risk Management

Compliance

Data Analytics

Leadership

Education

Postgraduate qualification in Risk Management, Compliance, Financial Crime, Data Analytics, or Business Management

CAMS or ICA Diploma in Financial Crime

Job description

African Bank is looking for a leader to manage its Transaction Monitoring Reporting function, ensuring timely analysis and reporting of transaction monitoring data. The role encompasses supporting the Bank's AML, CTF, and fraud risk management frameworks.

Candidates should possess a postgraduate qualification in relevant fields and have significant experience in compliance and risk management, with a strong focus on governance and reporting processes.