Specialist : Aml

Capitec Bank Ltd; Stellenbosch; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial institution in South Africa is seeking a Compliance Manager to proactively manage regulatory preparedness and threat intelligence in the AML / CFT space. The ideal candidate will have a Bachelor's degree and at least 5 years of experience in financial services compliance, along with a strong understanding of AML / CFT regulations. This role offers an opportunity to lead compliance efforts and engage with regulatory bodies while ensuring the integrity of the institution.

Benefits

Growth opportunities

Employee benefits

Savings plans

Qualifications

• 5+ years in financial services compliance.
• 5+ years in AML / CFT.
• Experience in regulatory inspections and threat intelligence.

Responsibilities

• Monitor and interpret AML / CFT regulatory developments.
• Lead readiness initiatives for regulatory inspections.
• Develop a threat intelligence framework.

Skills

Analytical skills

Reporting skills

Proficiency in AML / CFT systems

Advanced MS Office skills

Data analytics skills

Education

Bachelor's degree in Law, Risk Management, Finance, or related field

Postgraduate qualification in Compliance, Financial Crime, or Forensic Accounting

Tools

goAML

screening tools

Job description

Join Us In Becoming The Best Bank In The World

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve.

That is why we focus on finding the right people for the right jobs.

We love what we do because we focus on making a positive difference for our clients and employees.

Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.

Who We Are

We are a bank, but we're much more than that.

We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through a personal experience.

By helping our clients manage their financial lives better, we enable them to live better.

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership and to support people in being their best.

Our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings.

We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow.

Main Purpose

To proactively manage Capitec's regulatory preparedness and threat intelligence capabilities in a dynamic AML / CFT environment.

This role ensures the business remains agile in responding to regulatory changes, inspections, and emerging financial crime risks, thereby safeguarding compliance and reputational integrity.

Key Responsibilities

• Monitor and interpret local and international AML / CFT regulatory developments.
• Lead readiness initiatives for regulatory inspections and external audits.
• Develop and maintain a threat intelligence framework to identify emerging financial crime risks.
• Liaise with regulatory bodies (e.g., FIC, SARB, FSCA) and internal stakeholders.
• Conduct impact assessments of regulatory changes and advise on implementation strategies.
• Prepare and present reports to senior management on compliance posture and threat landscape.

Minimum Requirements

• Education: Bachelor's degree in Law, Risk Management, Finance, or related field.
• Postgraduate qualification in Compliance, Financial Crime, or Forensic Accounting (preferred).
• Experience: 5 years in financial services compliance, with 5+ years in AML / CFT.
• Proven experience in regulatory inspections, threat intelligence, and risk assessments.
• Familiarity with South African AML / CFT legislation and FATF standards.

Technical Skills

• Proficiency in AML / CFT systems (e.g., goAML, screening tools).
• Strong analytical and reporting skills.
• Advanced MS Office skills (Excel, Word, PowerPoint).
• Experience with data analytics tools (advantageous).

Core Competencies

• Strategic thinking and regulatory foresight.
• Strong communication and stakeholder engagement.
• High attention to detail and integrity.
• Ability to work independently and lead cross-functional initiatives.

Conditions of Employment

Clear criminal and credit record.