Specialist Financial Crime Regulatory Ar
3 weeks ago
Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary
To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist compliance expertise.
**Job Description**:
To provide oversight and support to CIB business to ensure compliance with its obligations in terms of the Anti-Money Laundering (AML) and Sanctions/Countering of Terrorist Financing legislation/regulation and its employees with the provisions of the applicable laws and internal policies and rules. To ensure adherence with the Anti-Bribery and Corruption (ABC) Policy requirements.
Accountability: Oversight of AML, Sanctions and ABC
Assist the FLOD Anti-Money Laundering (AML), ABC and Sanctions functions within CIB to ensure:
- Full regulatory compliance by liaising with relevant Stakeholders deployed in business, i.e. Compliance / Risk resources.
- Ensure the awareness of processes to report suspicious transaction reports within the business unit/ area by creating awareness and knowledge share at Forums. Ensure that the escalation process, as defined, is followed and the Head of CIB Financial Crime Compliance (FCC) is aware of non-compliance.
- Act as custodian on behalf of the Head of CIB FCC on AML related, Sanctions and Anti-Bribery & Corruption Policies within CIB and manage the process for the escalation of dispensations / waivers.
- Ensure that business unit / area provides awareness and training programmes in respect of Money Laundering, Sanctions and Bribery & Corruption in accordance with the statutory requirements. Where needed, deliver face-to-face or specialist training to the relevant business upon request or where a need is identified through monitoring and testing, query management, etc.
- Support business unit/ area visits / inspections from relevant Regulators when required.
- Co-ordinate action within the business unit / area to comply with any AML, ABC or Sanctions related issues or new requirements arising from regulation or policy.
- Engage as a member of appropriate industry working groups by participating in selected Industry Forums.
- Deliver global anti money laundering and terrorism regulatory initiatives (within the business unit/ area, e.g. Sanctions) where applicable.
- Oversee the remediation required to be completed following any form of assurance review conducted (i.e. Internal Audit, Financial Crime).
- Assist the various Money Laundering Reporting Officers (MLRO) in setting the overall AML, Sanctions, and Bribery and Corruption strategy within their respective areas. Assist the various MLRO’s in further improving both the output to stakeholders in this respect, but also input from non-AML areas, specifically Business priorities.
Accountability: Politically Exposed Persons
In conjunction with the Financial Crime Regulatory Team:
- Ensure each area has implemented and maintains a PEP register
- Provide advice on the PEP standard as and where required
- Liaise with the AML responsible persons regarding their PEP registers and reviews
- Maintain relevant Management Information in respect of PEPs
- Liaise with Group FCC in respect of PEP related matters
Accountability: Financial Crime Reporting
In conjunction with the Head of CIB FCC:
- Provide Financial Crime Management Information as and when required
Accountability: Stakeholder Management
Build and maintain meaningful relationships with key internal business unit and external (for example, Regulators) stakeholders with the aim of understanding their business needs. This will entail having regular meetings with the relevant senior management or other key staff of the business.
- Implement established escalation processes for significant issues and concerns raised so as to manage the culture of "no surprises". This will entail having proactive, regular, meaningful meetings with key stakeholders, as well as ensuring that reports are discussed and submitted timeously to the relevant executive business head.
- Manage interaction with stakeholders that span multiple businesses, functions and geographies within the firm.
- Ensuring that Financial Crime matters are correctly referred to the applicable Financial Crime discipline and follow appropriate escalation routes, while involving the relevant stakeholders early and fully.
Accountability: Manage AML/Sanctions/Bribery & Corruption programs
Establish and manage an Anti-Money Laundering/ Terrorist Financing/ Sanctions/ Anti-Bribery & Corruption programme within the business unit/ area by assigning responsibilities and driving the conclusion of matters.
- Inspire and drive high performance in individuals and in the team a
-
Financial Crime Regulatory Specialist
3 weeks ago
Sandton, South Africa Absa Bank Limited Full timeBring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...
-
Sanlam Financial Crime Specialist
7 days ago
Sandton, South Africa Sanlam Limited Full timeFinancial Crime SpecialistSanlam Limited is seeking a highly skilled Financial Crime Specialist to join their team. As a key member of the Group Legal and Compliance department, you will be responsible for effectively managing Group-wide Financial Crime risk and ensuring compliance with related country legislation.The successful candidate will have extensive...
-
Financial Crime Prevention Specialist
3 days ago
Sandton, South Africa Discovery Full timeAbout the RoleThis is an exciting opportunity for a motivated individual to join our Product Compliance team as a Financial Crime Prevention Specialist. The successful candidate will be responsible for assisting in the development and implementation of our financial crime compliance programme.Conduct risk assessments of customers, products, and legal...
-
Risk Management Specialist
3 days ago
Sandton, South Africa Discovery Limited Full timeAs a Risk Management Specialist - Financial Crime at Discovery Limited, you will play a critical role in ensuring the organization's compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations and laws.The successful candidate will be responsible for conducting comprehensive risk assessments of customers, products, and legal...
-
Financial Crime Risk Manager
7 days ago
Sandton, South Africa Sanlam Full timeAbout the RoleSanlam is seeking an experienced Financial Crime Officer to join our team in Group Legal, Compliance and Financial Crime. As a key member of our team, you will be responsible for managing financial crime risk across the group and ensuring compliance with relevant legislation.Key ResponsibilitiesIdentify, prevent, and mitigate financial crimes...
-
Financial Crime Compliance Expert
3 days ago
Sandton, South Africa Sanlam Limited Full timeJob OverviewWe are seeking a highly skilled and experienced financial crime compliance expert to join our team at Sanlam Limited. The successful candidate will be responsible for effectively managing Group-wide financial crime risk and ensuring compliance with related country legislation.Key ResponsibilitiesDevelop and oversee the financial crime and fraud...
-
Group Financial Crime Officer
7 days ago
Sandton, South Africa Sanlam Full timeJob DescriptionThis Financial Crime Officer position is part of the Group Legal, Compliance and Financial Crime department at Sanlam. The successful candidate will be responsible for managing and mitigating financial crime risk across the group, ensuring that we stay compliant with all relevant laws and regulations.Main ResponsibilitiesRisk Governance:...
-
Sandton, South Africa Sanlam Full time**Who are we?** Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as...
-
Group Financial Crime Risk Manager
3 days ago
Sandton, South Africa Sanlam Limited Full timeAbout the RoleThis role involves providing advisory support as the SME on Financial Crime, working closely with various teams to design and implement financial crime education for employees, and offering advice on financial crime controls, strategies, projects, plans, initiatives, and reporting.Main ObjectivesStaying abreast of key regulatory updates to...
-
Senior Financial Crime Specialist
3 weeks ago
Sandton, South Africa Bidvest Bank Full time**Primary Purpose** The successful incumbent will conduct incident management, incident analysis, gap identification, enhance information to support investigations, Fraud Risk assessments, prosecutions and intelligence driven operations that will assist clients and stakeholder to prevent, detect crime and mitigate business risk**.** **Duties and...
-
Financial Crime Prevention Officer
3 days ago
Sandton, South Africa Sanlam Limited Full timeAbout the JobThis role involves contributing to the development and oversight of the financial crime and fraud prevention framework, assisting with investigations and implementing effective fraud prevention measures, and staying abreast of key regulatory updates to enable implementation across Sanlam businesses.Main TasksDeveloping and overseeing the...
-
Financial Crime Compliance Expert
3 days ago
Sandton, South Africa Discovery Limited Full timeWe are seeking a highly skilled and experienced professional to join our Product Compliance team as a Financial Crime Compliance Expert. The successful candidate will be responsible for assisting in ensuring that Discovery operates in a compliant manner with respect to anti-money laundering (AML), counter-terrorism financing (CTF), and other financial crime...
-
Financial Crime Specialist
1 week ago
Sandton, South Africa Bidvest Bank Full time**Primary Purpose** Analysing, Investigating and Reporting on financial crime within Bidvest Bank. **Duties and Responsibilities** include but not limited to**: CUSTOMER SERVICE Stakeholder management - Assisting with Fraud related queries - Work directly with customers who have concerns about financial crime, or have questions about...
-
Sandton, South Africa Sanlam Limited Full timeExpert: Group Legal and Compliance - Financial CrimeSanlam Limited requires an experienced expert to manage Group-wide Financial Crime risk and ensure compliance with related country legislation.The ideal candidate will have extensive knowledge of financial crime compliance, fraud risk management, policy drafting, and monitoring. A degree in Law, Finance,...
-
Sandton, South Africa Sanlam Limited Full timeJob DescriptionAs a Financial Crime Officer at Sanlam Limited, you will be responsible for managing Group-wide financial crime risk and ensuring compliance with related country legislation.Your key responsibilities will include developing and overseeing the financial crime and fraud prevention framework, identifying and preventing financial crimes such as...
-
Sandton, South Africa Sanlam Limited Full timeCompliance Officer: Financial CrimeWe are seeking a talented Compliance Officer to join our team, focusing on Financial Crime. In this role, you will assist and support Sanlam Limited in effectively managing Group-wide Financial Crime risk and complying with related country legislation.The ideal candidate will have a deep understanding of financial crime...
-
Sandton, South Africa Sanlam Limited Full timeRequired Skills and QualificationsTo be successful in this role, you will need a degree in Law, Finance, Accounting, or Audit, and at least 5 years' experience in financial crime compliance, fraud risk management, policy drafting, and monitoring with experience in a similar role.Certified Anti-Money Laundering Specialist/Certified Fraud Examiner...
-
Financial Crime Compliance Officer
3 weeks ago
Sandton, South Africa Discovery Ltd. Full time**Business Unit**:Discovery Bank**Function**:Banking**Date**:5 Sep 2024- Financial Crime Compliance Officer**About Discovery** - Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of...
-
Financial Crime Compliance Officer
3 weeks ago
Sandton, South Africa Discovery Ltd. Full time**Business Unit**:Discovery Bank **Function**:Banking **Date**:27 Jan 2025 - Financial Crime Compliance Officer **About Discovery** - Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with...
-
Lead AR Collections Specialist
3 days ago
Sandton, South Africa Alistair Group Full timeKey ResponsibilitiesOversight and management of the AR department's daily operations, ensuring timely and accurate collection of outstanding payments and resolution of customer accounts.Leading a team of AR specialists, optimizing processes, ensuring compliance with company policies, and driving continuous improvement in departmental efficiency and...