Specialist: Anti-Money Laundering (Regulatory, Inspections & Threat Intelligence) at Capitec Bank

Purpose Statement


To perform specialised tasks, provide subject matter expertise and deliver high-quality results within the area of Anti Money Laundering (AML), Counter Terrorist Financing and Counter Proliferation Financing. To apply AML expertise effectively across the organisation when consulting with stakeholders and thereby mitigate the impact of financial crime risk to the bank and it's clients.


Experience


At least 8 years' relevant AML experience (EDD, transaction monitoring etc.) within a financial / banking environment
AML regulatory requirement experience and proficiency


Qualifications (Minimum)


Grade 12 National Certificate / Vocational
Bachelor's Degree in Internal Auditing or Risk Management


Qualifications (Ideal or Preferred)


A relevant tertiary qualification in Finance


Knowledge
Min:


Legislation regarding money laundering control, combating of terrorist financing, proliferation financing, sanctions and regulatory reporting.
Business and commercial awareness
Understand ML/TF/PF and sanctions risks in a financial institution
Understand risk associated with business entities as clients
Knowledge of ML/TF/PF and sanctions risk associated with foreign exchange and cross border instruments


Ideal:


Knowledge of AML legislation
Application of technology to Fasttrack project performance
Understanding of business requirements and the translation to specifications to inform projects
Understanding of project management principles
Industry knowledge of AML / Financial Crime


Skills


Analytical Skills
Commercial Thinking Skills
Decision making skills
Interpersonal & Relationship management Skills
Problem solving skills
Strategic Thinking Skills


Conditions of Employment


Clear criminal and credit record