Compliance jobs in South Africa
Analyst: AML Investigations Business Bank _Pipeline
Capitec Bank Ltd.
Tier 3 Engineer
Believe Resourcing
Manager Depot (Fuel)
KAL Group Limited
Assistant Store Manager- Clicks Tsakane
Clicks Group
Discover more opportunities than anywhere else. Find more jobs nowSite Safety, Health and Environment (SHE) Lead
Scott Bader Co Ltd
GNFR Procurement & Supplier Success Coordinator
The Building Company
Payroll Officer
The Royal Portfolio
Connect with headhunters to apply for similar jobsSenior STA Site Engineer - Manufacturing & Quality
Ford Motor Company
Procurement Specialist
Council for Scientific and Industrial Research (CSIR)
Store Supervisor Miladys Hermanus Whale Coast
Mr Price Group
Customer Care Specialist
Scott Bader Co Ltd
Head of Finance & Profitability Strategy
PG Group
QC Supervisor - Pharmaceutical/Cosmetic Field - Paarl
Avatar Advisory - Avatar Human Capital
Group Procurement Manager: Strategic Projects
Sanlam Limited
Private Wealth Banker - Coverage (FAIS)
Absa Group
Store Manager Mr Price Cellular Talent Pool (KwaZulu-Natal)
Mr Price Group
Foreclosure Specialist
Accredited Resource Consulting Services (Pty) Ltd
Assistant Quality Manager
CBH
Analyst: AML Investigations Business Bank _Pipeline
Job summary
A leading South African bank is seeking an Analyst for AML Investigations within their Business Bank. The role involves executing daily operations, including investigating suspicious transactions and ensuring compliance with legal requirements. Applicants should have at least 2-3 years of experience in a business banking AML environment and hold a Grade 12 National Certificate, with a preference for a Bachelor's Degree in Risk and Compliance. Knowledge of legislation regarding money laundering and client due diligence is crucial to succeed in this role.
Qualifications
- 2-3 years of investigative experience within a business banking AML environment.
- Experience interpreting and applying regulatory requirements.
- Exposure to FICA within a business banking context.
Responsibilities
- Execute daily operational activities within the Business Bank AML Operations.
- Investigate suspicious transactions and perform name and payment screening.
- Implement legal and statutory requirements for FICA and related acts.
Skills
Education
Tools
- To execute daily operational activities within the Business Bank AML Operations environment, including enhanced due diligence, investigation of suspicious transactions, name and payment screening, reporting, and quality assurance, thereby implementing and administrating legal and statutory requirements for the Financial Intelligence Centre Act 38 of 2001 (“FICA”), Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of 2004 (“POCDATARA”), Prevention of Organised Crime Act 121 of 1998 and all related legislation, within Capitec Bank
Minimum:
- At least 2-3 year’s investigative experience within a business banking environment within an AML environment
- Experience with collating and analysing information and making decisions based on the information.
- Interpretation and application of regulatory requirements.
Ideal:
- FICA exposure within a business banking environment
- Experience in a financial or legal institution or investigative environment
- Grade 12 National Certificate / Vocational
- Bachelor's Degree in Risk and Compliance
Minimum:
- Legislation regarding money laundering control, proliferation finance and combating of terrorist financing
- Understanding of money laundering means and mechanisms on a global scale
- Understanding of sanctions
- Client due diligence and AML environment.
- Understanding the Risk Management and Compliance Programme and the purpose it serves in AML
- Business acumen
- Know Your Customer (KYC), risk based approach
- Investigation methodology and techniques
- Use of excel and word
- Report writing and evidence gathering
- Business entity structures and related AML requirements
Ideal:
- Client due diligence and investigations on juristic and non-juristic clients.
- Knowledge of commercial banking products, services and channels.
- Knowledge of Trade-based money laundering
- Clear criminal and credit record
Disclaimer: This is an ongoing talent pool. By applying, you are expressing interest in joining Capitec's Risk Management team and will be considered for current or future opportunities as they arise. We will contact you when relevant roles open up and encourage you to stay connected for exciting possibilities!
Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.