Specialist: Aml (Regulatory, Inspections & Threat Intelligence)

Capitec Bank Ltd.; Stellenbosch; On-site; ZAR 650 000 - 850 000; Full time

Job summary

A leading financial institution in South Africa is seeking a Regulatory Compliance Manager to oversee AML/CFT preparedness. The role involves monitoring regulatory changes, conducting impact assessments, and liaising with regulators. Candidates should have a bachelor's degree in a relevant field and substantial experience in financial services compliance. Strong analytical skills and familiarity with AML/CFT legislation are essential. Competitive salary and professional development opportunities are offered.

Qualifications

• 5+ years in financial services compliance, preferably in AML/CFT.
• Proven experience in regulatory inspections and threat intelligence.
• Familiarity with South African AML/CFT legislation and FATF standards.

Responsibilities

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

Skills

Proficiency in AML/CFT systems

Strong analytical and reporting skills

Advanced MS Office skills

Education

Bachelor's degree in Law, Risk Management, Finance

Postgraduate qualification in Compliance, Financial Crime, or Forensic Accounting

Tools

goAML

data analytics 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 peopleto 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 theClient first, act withEnergy and takeOwnership and to support people in being their best.Our Employee Value Propositionoffersevery value to all team members through cohesive teams, growth opportunities as well asemployee benefitsand savings. We make it a priority toensure 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.

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.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06