Specialised Compliance Consultant-20

7 months ago


Cape Town, South Africa Absa Bank Limited Full time

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 specialist advice and support in area of specialisation enabling the provision of sound legal operations services.

**Job Description**:
Key Accountabilities

Accountability: Service Delivery
- Develop an in-depth knowledge and understanding of the AML CDD Standards and Financial Crime Operations Processes.
- Focusing the work on key regulations and risks, with minimum supervision.
- Delivering a high standard of work by keeping up-to-date on financial crime regulatory related issues across a range of topics by awareness of current regulatory / process changes through attendance at training sessions and research.
- Ensure productivity and quality targets are met.
- Provide guidance to team members and peers by sharing best practice.

Accountability: Control and Compliance
- All mandatory training completed to deadline and understood within given timescales.
- Where applicable, all key risks identified, tracked, logged and managed as per the Risk Framework procedures
- Where applicable, all risk events (incidents) or control failures to be escalated, investigated, reported and fixed at root cause to prevent reoccurrence.

Accountability: Reporting
- Keep track of and manage own daily targets by ensuring awareness of own daily, weekly and monthly targets
- Prepare monthly Performance Development (PD) plan to monitor progress and if there is any development required as per PD contract, which needs to be escalated to the manager / team leader

Accountability: Self Development
- Maintain and continuously look for opportunity to develop skills and knowledge base
- Initiate training and development on a quarterly bases for own personal development purposes

Education and Experience Required
- NQF Level 6
- Minimum 2 years' Experience working within AML compliance and/or Investigations, High Risk and PEP Customer Due Diligence/Financial Crime processes
- B Comm (Assurance), LLB : Advantage

Knowledge & Skills:

- Strong ABSA systems working knowledge
- Sound knowledge and proficiency in the ABSA Electronic Sales Platform (ESP) and CustomerOne (Salesforce)
- Sound knowledge and proficiency in the ABSA IMSP-commands
- Sound knowledge and proficiency in the Global online PEP register (GOR & SLM)
- Demonstrated experience/background in High Risk and PEP customer enhanced due diligence.
- Demonstrated experience in conducting transactional analysis
- Experience on Financial Crime investigations preferred
- Strong understanding of risk
- Being risk aware around all elements of the process
- Sound knowledge of the AML CDD and PEP ABSA standards and FICA regulatory requirements.
- Strong IT literacy with good knowledge of MS Office (Word, Excel, PowerPoint and Outlook)

Competencies & Personal skills:

- Ability to communicate clearly and effectively in many mediums
- Strong report drafting skills with a high level of accuracy
- Deciding and initiating action
- Expand knowledge and explore new ways of doing things
- Motivated for problem solving
- Flexibility and responding to change
- Working under Pressure

Education

Higher Diplomas: Law, Military Science and Security (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_



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