Specialist : Anti-Money Laundering

Capitec; Cape Town; On-site; ZAR 500 000 - 650 000; Full time

Job summary

A leading South African bank seeks an AML specialist passionate about combating financial crime. Join a dynamic team to enhance AML standards, provide oversight, and engage in regulatory discussions. Ideal candidates have a Bachelor’s degree in a related field and at least 5 years of AML experience within a banking environment. This role offers the chance to make a real impact using advanced tools in a supportive environment.

Qualifications

• At least 5 years’ relevant AML experience within a financial institution.
• Proficiency in AML regulatory requirements.

Responsibilities

• Develop and maintain AML standards for financial crime prevention.
• Provide specialist oversight for AML framework effectiveness.
• Conduct in-depth research on relevant sanctions lists.

Skills

Anti Money Laundering (AML)

Counter Terrorist Financing

Client screening

Regulatory compliance

Risk management

Education

Bachelor’s degree in Legal, Compliance, Auditing or Business Management

Job description

Job Overview

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.

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), Counter Terrorist Financing, and Counter Proliferation Financing, 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.

Responsibilities

• Develop and Maintain AML Standards – Take responsibility for designing, implementing, and continuously improving the organization’s anti‑money laundering (AML) standards, frameworks, and best practices to ensure robust financial crime prevention across all business areas.
• Provide Specialist Oversight and Support – Offer expert oversight and guidance to enhance the effectiveness of the AML and Financial Crime framework, including reporting, monitoring, control measures, process optimisation, and the successful delivery of AML‑related projects.
• Risk Advocacy and Industry Engagement – Represent the organization as a risk specialist by contributing insights at industry forums and regulatory meetings, and by supporting governance and risk management initiatives that shape the wider approach to financial crime prevention.
• Operationalise RMCP – Ensure that the Screening Standard is operationalised fully in all client‑facing channels and ensure that ongoing client and payment screening system and process conform to the required standard.
• Sanctions Regime Analysis – Conduct in‑depth research and maintain expert‑level knowledge of all relevant sanctions lists and regulatory requirements.
• Business Requirements Translation – Translate complex sanctions policies, list updates, and regulatory changes into clear, concise, and unambiguous business requirement documents, user stories, and logic rules for our technology and product development teams.
• System Tuning & Optimisation – Collaborate with AML technology teams to design, test, and implement sanctions screening rules and filters.

Qualifications

• Bachelor’s degree in Legal, Compliance, Auditing or Business Management.
• At least 5 years’ relevant AML experience (EDD, transaction monitoring etc.) within a financial institution / banking environment with a strong focus on client screening.
• AML regulatory requirement experience and proficiency.

Conditions of Employment

Clear criminal and credit record required.

Diversity Commitment

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

We would love to hear from you.

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.