Senior Specialist

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Title
Senior Specialist TVC (JR126554)

  • Location
  • Johannesburg, Gauteng
    Job Purpose
  • Steer and support efficient and effective evidencebased decisionmaking on identified risk transactions as well as supporting the establishment and management of the Centre of Excellence for Transaction screening/ Anti Money Laundering (AML). To drive a digital culture shift, innovation, and optimization of generic processes through digitization. Adherence to compliance requirements to minimise operational risk and identify and mitigate risk by adhering to the risk framework principles and ensuring sustainable business through alignment of business structures, systems, and processes.

Responsibilities:

  • Provide SME input into transactional screening methodologies, systems, and processes to ensure an effective screening process that will protect Nedbank and the payment system form illegal and unethical funds transfer that can result in both reputational and regulatory risks.
  • Actively scrutinize transactions from Inward and Outward Payments (IPs and OPs respectively) in terms of Money Laundering (ML), Terrorist Financing (TF), reputational risk, sanctions, and financial crime indicators in line with the requirements set by CIB AML or Group AML Trade based finance (TBF) documentary credit transactions and identified high risk industries.
  • Manage the prioritization of transactional analysis, providing decisions in line with mandates and escalate identified risk transactions to the relevant support units, i.e., BSU and CSU.
  • Critically analyze transactions per sector and client to expedite transaction screening, improve client experience, and optimize escalation efficiency.
  • Ensure a goldstandard client experience by providing efficient and reliable services across the relevant value chain.
  • Drive efficiency through digitizing the endtoend business support valuechain including the transaction screening process.
  • Ensure an effective control environment based on regulatory compliance, risk management, market conduct and other business process obligations to ensure alignment with independent audit controls.
  • Adhere to SARB regulations, Group policy and guidelines in collaboration with Group AML to enhance risk profiling and client experience.
  • Assist in maintaining relevant KPIs.
  • Identify and resolve pain points through the engagement and escalation to the Senior Manager.
  • Support opportunities to improve business processes, systems, and digitization by implementing effective ways to operate and providing feedback to the Senior Manager
  • Resolve exceptions that arise by taking appropriate action to minimize risk and financial loss.
  • Ensure seamless client experience through efficient and reliable services by prioritizing high value clients.


Essential Qualifications
  • NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees


Preferred Qualification
  • Bachelor of Commerce in Finance, Accounting or Economics
  • Minimum Experience Level 7+ years' experience in Financial Services focused on Middle Office, Support Client Operations.
years' experience in leadership role

Technical / Professional Knowledge

  • Business writing
  • Communication Strategies
  • Data analysis
  • Industry trends
  • Decisionmaking process
  • Financial Acumen
  • Analytical Skills


Behavioural Competencies
  • Coaching
  • Communication
  • Continuous Learning
  • Decision Making
  • Planning and Organizing
  • Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at _
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