Team Leader: AML Operations

Capitec Bank Ltd.; Milnerton; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading banking institution is seeking a leader for their AML Operations team. This role involves minimising risk and ensuring compliance with AML regulations. Candidates should have at least 3 years of experience in an AML environment and 3 years of management experience. A Bachelor's degree in Commerce or Business Administration is required. Ideal candidates should possess knowledge of banking regulations and have strong computer literacy skills.

Qualifications

• At least 3 years’ experience in an AML Environment within a financial/banking environment.
• At least 3 years’ experience of leading or managing people.
• Basic knowledge of anti-money laundering regulations.

Responsibilities

• Lead a team within the AML Operations function.
• Minimise risk to the bank and comply with AML requirements.

Skills

Computer Literacy (MS Word, MS Excel, MS Outlook)

Attention to Detail

Education

Bachelor's Degree in Commerce or Business Administration

Job description

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Purpose Statement

• To lead a team within the AML Operations function (Transactional Montioring, Enhanced Due Diligence, Screening, Regulatory Reporting and Quality Teams) thereby minimising risk to the bank as well as complying with legislated and regulatory AML requirements.

Experience

Minimum:

• At least 3 years’ experience in an AML Environment within a financial / banking environment where judgement, decision making and assessment in respect of AMLhas been part of the role.
• At least 3 years’ experience of leading or managing people.

Ideal:

• 1 years’ experience or more in investigations in AML, forensics or fraud
• Experience of leading a team to deliver results and achieve targets or SLAs

Qualifications (Minimum)

• Bachelor\'s Degree in Commerce or Business Administration

Qualifications (Ideal or Preferred)

• Honours Degree in Commerce or Business Administration

Knowledge

Minimum:

• Basic knowledge of regulations pertaining to anti-money laundering and combating of terrorist financing
• Basic regulatory knowledge
• Business and commercial awareness
• Enhanced Due Diligence procedures
• Knowledge of and ability to prevent or report money laundering and sanctions-related activities in banking and financial services industry

Ideal:

• Knowledge of the Capitec Bank environment
• Basic principles of budgeting
• Leadership practices
• Investigatory techniques

Skills

• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Attention to Detail

Conditions of Employment

• Clear criminal and credit record

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

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