Specialist : Aml (Client Risk Assessment)

Capitec; Stellenbosch; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading bank in Stellenbosch is seeking a Specialist in Anti-Money Laundering and Client Risk Assessment. This role requires at least 5 years of experience in financial crime, risk management, and data analytics. The ideal candidate will design and improve AML policies while collaborating across teams to enhance financial crime prevention. If you are passionate about making a real impact and have the necessary skills, we want to hear from you!

Qualifications

• At least 5 years’ relevant Financial Crime experience in a financial/banking environment.
• Experience with the design and implementation of client risk assessment models.
• Proficient in AML regulatory requirements.
• Strong understanding of risk modelling frameworks.

Responsibilities

• Design, implement, and continuously improve AML policies.
• Provide expert guidance on AML controls.
• Lead development of CRA methodologies.
• Translate regulatory needs into technical requirements.
• Collaborate with Compliance, Tech, and Business Units.

Skills

Financial Crime experience

Risk management

Data analytics

Client risk assessment models

Understanding of statistical modelling

SQL

Python

R

Job description

Overview

Join Us in Becoming the Best Bank in the World! We appoint energized and motivated people for their potential and continually look for talented, driven individuals to help us innovate and evolve. We focus on finding the right people for the right jobs and strive to make a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to building a brand we are proud of and that earns the trust of our clients.

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. 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

If you’re passionate about combating financial crime and enjoy harnessing the power of technology, this role will let you make a real impact. As a specialist in Anti Money Laundering (AML) and Client Risk Assessment, you’ll leverage your expertise to deliver innovative solutions and high-quality results that protect the bank and its clients. By collaborating with teams across the organization, you’ll help shape the future of financial crime prevention. This is your opportunity to tackle the challenges of financial crime head-on while using cutting-edge tools and your specialist knowledge to make a meaningful difference every day.

Specialist: Anti-Money Laundering (Client Risk) Your primary responsibilities will include:

• AML Standards & Frameworks: Design, implement, and continuously improve AML policies and best practices across the organisation.
• Specialist Oversight: Provide expert guidance on AML controls, monitoring, and project delivery.
• Client Risk Assessment: Lead development of CRA methodologies, including model design, risk factor analysis, and regulatory alignment (FICA, FATF).
• Technology Partnership: Act as the SME for CRA systems, translating regulatory needs into technical requirements and product roadmaps.
• Stakeholder Management: Collaborate with Compliance, Tech, and Business Units, and present updates to senior management and governance forums.
• Industry Engagement: Advocate for AML risk management in regulatory meetings and industry groups.

The Ideal Candidate Will Have

• At least 5 years’ relevant Financial Crime experience, risk management or data analytics role within a financial / banking environment
• Demonstrable, hands-on experience with the design, implementation, or management of client risk assessment models and methodologies
• AML regulatory requirement experience and proficiency
• Proven experience in translating complex business and regulatory requirements into functional specifications for technology teams
• Experience with data analysis and a strong understanding of statistical modelling concepts is essential
• Strong understanding of risk modelling frameworks and the model development lifecycle
• Familiarity with data query and analysis tools (e.g., SQL, Python, R) is a significant plus

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals