Specialist Investigator Financial Crime Intelligence Unit

1001 Absa Bank; South Africa; Hybrid; ZAR 200,000 - 300,000; Full time

Job summary

A prominent bank in South Africa is seeking a Specialist Investigator to conduct thorough investigations into financial crime and ensure compliance with anti-money laundering regulations. The role requires strong analytical skills, experience in investigations, and the ability to engage with various stakeholders effectively. The ideal candidate will possess relevant qualifications and a minimum of 3 years of experience in AML within a banking context. This position offers a hybrid work model.

Qualifications

• Minimum of 3 years’ experience in AML, Compliance, Investigations, preferably in banking.
• Bachelor's Degrees and Advanced Diplomas in Law, Military Science, or Security are required.

Responsibilities

• Perform investigations to substantiate money laundering concerns.
• Gather and scrutinize evidence, making observations and conclusions.
• Manage and conduct detailed investigations related to Anti-Money Laundering.

Skills

Knowledge of AML policies and procedures

Experience in AML or forensic investigations

Proficiency in Microsoft Office applications

Understanding of banking products and services

Experience in a multinational, multi-segment environment

Education

NQF Level 7: Bachelor's Degrees, Advanced Diplomas

Qualifications in Law, Governance, Risk Management

Job description

Specialist Investigator Financial Crime Intelligence Unit

Apply remote type: Hybrid

Location: Johannesburg

Time type: Full time

Posted on: Posted Yesterday

Time left to apply: End Date: August 13, 2025 (5 days left to apply)

Job requisition id: R-15978264

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong regional and international presence, our bank offers opportunities to be part of an exciting growth journey, shaping our future as a proudly African group.

Job Summary

Responsible for performing investigations to substantiate money laundering concerns.

Key Responsibilities:

1. Data collection and analysis for effective investigation.
2. Maintain a client-centric approach.
3. Manage and conduct detailed investigations related to Anti-Money Laundering from various sources.
4. Ensure investigations comply with regulatory requirements and internal policies.
5. Gather and scrutinize evidence, making observations and conclusions.
6. Assess findings to identify trends and escalate significant issues promptly.
7. Ensure high-quality, accurate, and valuable investigation reports.
8. Meet investigation timelines aligned with the 90-day SLA and prioritization guidelines.
9. Complete investigations referred by stakeholders within set timelines and provide timely feedback.
10. Adhere to process guidelines and file reports within SLA, including STR/SAR submissions.
11. Make recommendations for investigations, including system, process, or personnel issues.
12. Suggest improvements to investigative methodologies and inform management of emerging trends.

Accountability: Reporting and Governance

1. Handle requests from internal and external stakeholders as per relevant sections of the FIC Act.
2. Analyze alerts to determine the need for suspicious transaction reports.
3. Report and escalate AML compliance risks and issues promptly.
4. Provide management with regular updates and reports.
5. Identify risks, gaps, and emerging trends; recommend mitigation strategies.

Accountability: Stakeholder Management

1. Engage with internal and external stakeholders to understand and respond to investigation matters.
2. Produce documentation such as position papers and presentation slides for stakeholders.
3. Identify risks, trends, and remediation strategies.
4. Build and maintain relationships with stakeholders including regulators and law enforcement.
5. Follow escalation procedures and maintain professionalism and ethics in communication.
6. Discuss issues with teams and escalate where appropriate.

Preferred Education

• NQF Level 7: Bachelor's Degrees, Advanced Diplomas, or Bachelor of Technology degrees.
• Qualifications in Law, Governance, Risk Management, Investigations, or Compliance preferred.

Preferred Experience

• Minimum of 3 years’ experience in AML, Compliance, Investigations, preferably in banking.

Knowledge and Skills

• Knowledge of AML policies and procedures.
• Experience in AML or forensic investigations.
• Proficiency in Microsoft Office applications.
• Understanding of banking products and services.
• Experience in a multinational, multi-segment environment with matrix reporting.

Education

Bachelor's Degrees and Advanced Diplomas in Law, Military Science, or Security are required.

Absa Bank Limited is an equal opportunity employer. Preference will be given to candidates from designated groups to promote diversity.

Absa Bank Limited reserves the right not to fill the position.