Anti- Money Laundering Compliance Manager

2 months ago

Sandton, South Africa TalentCru Full time

The Anti-Money Laundering Control Manager is responsible for:

  • Assisting and supporting the IDC, including relevant subsidiaries in complying with all local and international AML/CTF and Sanctions legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA Sanctions laws) applicable to the IDC.
  • Facilitating the implementation, creating the required AML/CTF and Sanctions awareness; and
  • Performing compliance reviews and assisting other assurance providers with their audits; remediating all issues of non-compliance and reporting to various Committees and statutory bodies

Qualifications :

  • LLB, BCom, or equivalent qualification.
  • A certificate in Anti-Money Laundering Control.
  • Accredited or certified member of the Compliance Institute of South Africa (CISA).
  • CAMS Certification will be an added advantage.
  • A certificate in compliance management will be an added advantage

Knowledge and Skills:

  • At-least 8-10 years’ experience in the anti-money laundering control/ counter terror financing and sanctions environment.
  • At least 5 years in management and leadership role.
  • Sound experience in report writing and presentation.
  • Knowledge of Siron system will be an added advantage.

COMPLIANCE RISK IDENTIFICATION AND ASSESSMENT

  • To assist the IDC identify and comply with all applicable AML/CTF and Sanctions legislative requirements (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA, Sanctions Laws).
  • To provide AML/CTF Sanctions compliance advice to the SBUs/Dept.’s (including subsidiaries) on the requirements stipulated within the AML/CTF Sanctions legislation.
  • To proactively identify potential breaches on AML/CTF Sanctions, investigate compliance issues and/or irregularities and remediate.
  • To compile and continuously update, manage and execute an IDC AML/CTF and Sanctions Compliance Coverage Plan, detailing the compliance risk identification, assessment, management, monitoring and reporting activities to be undertaken for the financial year.
  • Prepare for presentation and approval by the Executive Management Committee (including the Board) of the AML annual compliance programme

COMPLIANCE RISK MANAGEMENT

To assist the IDC by performing

  • AMLC (KYC/VYC) background/Sanctions listing searches, media searches, google searches, identification of DPEPs and FPEPs on FICA files of potential/new and existing clients including all other ancillary AML/CTF on-boarding and on-going customer due diligence (Pre and post investment) including all other related activities.
  • Technical trend monitoring and investigating suspicious financial activity across the Corporation
  • Data profiling and quality assessment sorting
  • System fine-tuning and optimization and predictive ML/TF risk analytics
  • Advanced customer segmentation and logic performance testing
  • Drive the initiating and review of applicable systems and procedures to ensure that ML/TF data analytics and surveillance takes place at the correct points and in the right way in the value chain

COMPLIANCE RISK MONITORING

  • To compile and regularly review AML/CTF and Sanctions Compliance Risk Management Plans (CRMP) for the applicable AMLC regulatory requirements per SBU/Dept.
  • To plan, manage, conduct and/or facilitate AML/CTF and Sanctions compliance monitoring/audits (desktop/ on-site) (i.e. control adequacy reviews, control effectiveness reviews, control self-assessment questionnaires/sign-offs and/or control spot check/ inspections) on the applicable AML/CTF and Sanctions regulatory requirements.

COMPLIANCE RISK REPORTING

  • To compile and submit AML/CTF Sanctions Compliance Risk Profile Reports to relevant SBUs/Depts.
  • To compile and submit quarterly, bi-annual and annual AML/CTF Sanctions Compliance reports, detailing the status of the Management of the compliance risks within the IDC.
  • To report to management on the status of AML Sanctions compliance within business, record non-compliance issues, generate business unit compliance reports, follow up on outstanding actions.
  • To log all AML/CTF Sanctions compliance findings on the Compliance Issues Log, manage and track progress made by the SBUs/Depts. in closing the findings and ensure that the Compliance Issues Log accurately reflects all amendments, supporting the integrity of the data reported on to the relevant governance committees.
  • To ensure that all relevant reports in terms of FICA (or any other AML/CTF and Sanctions legislation) are submitted to the FIC and/or any other statutory body or law enforcement agencies.

COMPLIANCE AWARENESS AND TRAINING

  • To communicate effectively, provide support and create awareness on AML/CTF and Sanctions legislation with Management and recommend improvements to minimise risk and recommend best practices.
  • To train staff on AML/CTF and Sanctions legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA Sanctions laws) with the aim of establishing/ enhancing a culture of compliance within the IDC.
  • To conduct on-going practical AML/CTF and Sanctions and Online AML/CTF and Sanctions training on all impacted SBU/Dept., including AML/CTF and Sanctions Compliance Alerts to communicate new AML/CTF and Sanctions new regulatory requirements.
  • To stay abreast of amended and/or new AML/CTF and Sanctions regulatory requirements, and pro-actively identify and communicate the impact of the anticipated AMLC regulatory change on the IDC and its Business Units/Depts.

To attend industry forums, seminars and working groups.

ESSENTIAL JOB COMPETENCIES
• Attention to detail.
• Analytical and interpretation.
• Planning and organizing.
• Presenting and communication.
• Influencing and stakeholder management.
• Ethical and integrity.
• Project management.
• Interpersonal skills
• Sound knowledge of MS Office i.e. Word, Excel and PowerPoint

  • Anti-Money Laundering Compliance Manager

    1 week ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerTalentCru is seeking a highly skilled Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance team, you will be responsible for ensuring that our organization complies with all relevant anti-money laundering and counter-terrorism financing (AML/CTF) regulations.Key...

  • Anti-Money Laundering Compliance Manager

    1 month ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerTalentCru is seeking a highly skilled Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance department, you will be responsible for ensuring that our organization complies with all relevant anti-money laundering and counter-terrorism financing (AML/CTF) regulations.Key...

  • Anti-Money Laundering Compliance Manager

    2 months ago

    Sandton, South Africa TalentCru Full time

    Job DescriptionTalentCru is seeking a highly skilled and experienced Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance department, you will be responsible for ensuring that our organization is in compliance with all relevant anti-money laundering and sanctions regulations.Key ResponsibilitiesCompliance Risk...

  • Anti Money Laundering Compliance Specialist

    1 week ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti Money Laundering Control OfficerTalentCru is seeking a highly skilled Anti Money Laundering Control Officer to join our team. As a key member of our compliance department, you will be responsible for ensuring our organization's adherence to anti-money laundering regulations and laws.Key Responsibilities:Develop and implement AML/CTF policies...

  • Anti-Money Laundering Compliance Manager

    2 weeks ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerTalentCru is seeking a highly skilled Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance department, you will be responsible for ensuring that our organization is in compliance with all relevant AML/CTF and Sanctions legislation.Key Responsibilities:Assist and...

  • Anti-Money Laundering Compliance Manager

    1 week ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerThe Anti-Money Laundering Compliance Manager is responsible for ensuring the organization's compliance with all applicable Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. This includes:Key Responsibilities:Assisting and supporting the organization in complying with all local...

  • Anti-Money Laundering Compliance Specialist

    1 month ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerTalentCru is seeking a highly skilled Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance department, you will be responsible for ensuring that our organization adheres to all relevant anti-money laundering and counter-terrorism financing (AML/CTF) regulations.Key...

  • Anti Money Laundering Compliance Specialist

    3 weeks ago

    Sandton, South Africa TalentCru Full time

    {"title": "Anti Money Laundering Control Officer", "description": "Job SummaryTalentCru is seeking a highly skilled Anti Money Laundering Control Officer to join our team. As a key member of our compliance department, you will be responsible for assisting and supporting business units in complying with anti-money laundering legislation.Key...

  • Anti-Money Laundering Compliance Director

    4 weeks ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerTalentCru is seeking a highly skilled Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance department, you will be responsible for ensuring our organization's adherence to all applicable AML/CTF and Sanctions legislation.Key Responsibilities:Assist and support the...

  • Anti-Money Laundering Compliance Specialist

    3 weeks ago

    Sandton, South Africa TalentCru Full time

    Job Title: Anti-Money Laundering Compliance ManagerTalentCru is seeking a highly skilled Anti-Money Laundering Compliance Manager to join our team. As a key member of our compliance department, you will be responsible for ensuring that our organization adheres to all relevant anti-money laundering and counter-terrorism financing (AML/CTF) regulations.Key...

  • Anti Money Laundering Control Officer

    2 months ago

    Sandton, South Africa TalentCru Full time

    The Anti-Money Laundering Control Officer is responsible for assisting and supporting STRATEGIC BUSINESS UNITS/Departments in complying with all the anti-money laundering control legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA) applicable to the organization by developing the AMLC/PIP-PEP/Sanctions framework and procedures,...

  • Anti Money Laundering Control Officer

    2 months ago

    Sandton, South Africa TalentCru Full time

    The Anti-Money Laundering Control Officer is responsible for assisting and supporting STRATEGIC BUSINESS UNITS/Departments in complying with all the anti-money laundering control legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA) applicable to the organization by developing the AMLC/PIP-PEP/Sanctions framework and procedures,...

  • Anti- Money Laundering Compliance Manager

    2 months ago

    Sandton, South Africa Adzuna ZA B C2 Full time

    The Anti-Money Laundering Control Manager is responsible for:Assisting and supporting the IDC, including relevant subsidiaries in complying with all local and international AML/CTF and Sanctions legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA Sanctions laws) applicable to the IDC.Facilitating the implementation, creating the...

  • Anti- Money Laundering Compliance Manager

    3 months ago

    Sandton, South Africa TalentCru Full time

    The Anti-Money Laundering Control Manager is responsible for: Assisting and supporting the organisation, including relevant subsidiaries in complying with all local and international AML/CTF and Sanctions legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA Sanctions laws) applicable to the organisation. Facilitating the...

  • Anti- Money Laundering Compliance Manager

    3 months ago

    Sandton, South Africa TalentCru Full time

    The Anti-Money Laundering Control Manager is responsible for: Assisting and supporting the IDC, including relevant subsidiaries in complying with all local and international AML/CTF and Sanctions legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA Sanctions laws) applicable to the IDC. Facilitating the implementation, creating the...

  • Anti- Money Laundering Compliance Manager

    2 months ago

    Sandton, South Africa TalentCru Full time

    The Anti-Money Laundering Control Manager is responsible for:Assisting and supporting the IDC, including relevant subsidiaries in complying with all local and international AML/CTF and Sanctions legislation (e.g. FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA Sanctions laws) applicable to the IDC.Facilitating the implementation, creating the...

  • Anti-Money Laundering

    2 months ago

    Sandton, South Africa Initiate International Full time

    Dive Into the World of Financial Security as an AML Analyst in Johannesburg! Are you ready to take on a high-stakes role where your analytical skills and passion for compliance can make a real impact?  We’re on the hunt for an Anti-Money Laundering (AML) Analyst to join our client's elite team in Johannesburg. This isn’t just another job this is your...

  • Compliance Manager: AML

    2 weeks ago

    Sandton, South Africa Land Bank Careers Full time

    Main Purpose of the JobThe Land Bank is seeking a highly skilled Compliance Manager to lead its Anti-Money Laundering (AML) Programme function. This role is responsible for providing strategic direction and focus, establishing and promoting a compliance culture within the Land Bank Group, and ensuring compliance with all relevant statutory, regulatory, and...

  • Compliance Manager: AML Specialist

    1 week ago

    Sandton, South Africa Land Bank Careers Full time

    Main Purpose of the JobThe Land Bank is seeking a seasoned Compliance Manager to lead its Anti-Money Laundering (AML) Programme function. As a key member of the organization, you will be responsible for providing strategic direction and focus to ensure the Bank's compliance with relevant statutory, regulatory, and supervisory requirements.Key...

  • Compliance Manager: AML

    2 weeks ago

    Sandton, South Africa Land Bank Careers Full time

    (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank...