Anti Money Laundering Administration Assistant

2 weeks ago


Durban, South Africa Armstrong Appointments Full time

Durban, Kwa Zulu Natal
- Posted 5 hours ago

**CORE PURPOSE OF THE JOB**

To assist the Anti
- Money Laundering Officer with all administrative related tasks within the Compliance division.

**MAIN FUNCTIONS OF THE JOB INCLUDE**:
**Administration**
- Conducts reconciliations and validations for submission of Cash Threshold Reports (CTRs)
- Captures STRs as and when received.
- Liaises with the branches for supporting information and/or documentation.
- Assists with Section 27, 32, 34 and 35 requests from the FIC.
- Assists with general queries as received by the bank.
- Attends to Data Capturing as and when required.
- Assists with administration related to Projects.
- Analyses alerts of transactional monitoring system (SAS AML) as and when required.
- Assists with secretarial duties as and when required.
- Conducts quality assurance as and when required.
- Assists in the preparation of memos to staff and communication to staff.
- Assists with AML Officer duties in the absence of the AML Officer and on Saturdays, as and when required.
- Assists with the preparation of training material and presentations as and when required.
- Attends to ad hoc administrative tasks.
- Assists the Anti
- Money Laundering Officer and Anti
- Money Laundering Supervisor when required.

**Second in charge to Sanctions Officer / Anti
- Money Laundering Officer**
- Conducts real time checks on new customers.
- Conducts a bulk screen of existing customers.
- Reports on STRs, CTRs, IFTRs, TPRs as and when required.
- Analyses alerts on the transaction monitoring system (SAS AML) and conducts investigations of suspicious activities when required.
- Monitors non-compliance of FICA through exception reports (when required), querying with branches and following up
- Assists the Branches with enquiries

**QUALIFICATIONS**
- Matric
- Administration related qualification
- A banking qualification is an advantage.
- An AML/CTF/ Sanctions qualification would be an advantage.

**PREFERRED EXPERIENCE**
- A minimum of 2 to 3 years administrative and/or banking experience is preferred.
- Experience with AML/CTF/ Sanctions an advantage.

**KNOWLEDGE**
- Microsoft Office
- Knowledge of the bank’s systems an advantage
- Knowledge of bank’s policies and procedures
- Knowledge of AML/CTF/ Sanctions would be an advantage.



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