Account and Risk Monitoring Agent

5 days ago


Somerset West, South Africa Finbond Mutual Bank Full time

The Account and Risk Monitoring Agent will be responsible to monitor all accounts opened at
FMB (Business and Private accounts) to ensure all transactions are in line with the account
holder’s profile and to assist Compliance / Fraud and Risk Department with investigations.

Primary Duties and responsibilities
Transactional Banking:
Daily account monitoring - investigating all flagged account movement and reporting
thereof.
Administer, monitor and control all fraud related queries and cases in the transactional
banking environment
Responsible to Suspend or unsuspend accounts when required
Monitor customer documentation - verify ID’s on selected accounts with Home Affairs
Compliance Reporting:
Daily transactional report to check and verify all flagged deals listed with feedback to
relevant departments
Completing of STR reports and submit to Compliance when needed
Fraud and Risk:
Assist Fraud & Risk Departments with account and customer investigations when needed
Provide feedback with documentary evidence
Keep track of all fraud queries and provide feedback to senior management
Dealing with Subpoena’s to ensure they get to the correct Department / Person
Complaints Register:
Keep record of all incidents/complaints from branches and send report to Compliance
monthly
Do spot checks to see that complaints have been resolved

**Qualifications**:
Matric.
A Compliance and or Risk Monitoring qualification will be an advantage.

**Experience**:
Banking experience/background with account opening info and documents.

**Knowledge and Skills**:
The incumbent should be able to demonstrate:
Good communication skills: ability to interact well with business units verbally and in writing
completing reports to be sent to fraud for further investigation and action - i.e. 10K
transactions & above found to be unusual in alignment to the knowledge business has of the
customer based on account opening documents and source of funds compared to the flagged
transaction values to investigate.
Completion of STR forms detailing what is suspicious to be sent to compliance for further AML
investigation and possible reporting to the FIC by AMLO
Ability to distinguish what is suspicious/unusual to report those matters to fraud and to
compliance for further investigation and action - i.e. fraud runs with fraud investigation and
protocols and compliance runs with AML protocols etc.

**Additional Requirements: **
Any limited / mínimal fraud or investigation background / experience
Good understanding of the FMB RMCP


  • Rental Agent

    3 months ago


    Somerset West, South Africa Amdec Group Full time

    Situated just outside of Somerset West, below the magnificent Hottentots Holland Mountain range, lies Sitari Country Estate. A place that welcomes you to premium estate living. Where the simple country lifestyle of yesteryear seamlessly blends with the luxurious conveniences of modern-day living, providing residents with incredible natural beauty, 24/7...

  • Rental Agent

    2 months ago


    Somerset West, South Africa Amdec Group Full time

    Situated just outside of Somerset West, below the magnificent Hottentots Holland Mountain range, lies Sitari Country Estate. A place that welcomes you to premium estate living. Where the simple country lifestyle of yesteryear seamlessly blends with the luxurious conveniences of modern-day living, providing residents with incredible natural beauty, 24/7...

  • Forensic Auditor

    6 months ago


    Somerset West, South Africa Rohloff Group Full time

    **_What is the job:_**: This role needs an individual who preferably understands the FMCG industry, the financial and internal controls of auditing and someone who will be able to provide feedback and compile reports pertaining to forensic audit results. The role reports directly to the Internal Compliance Lead. **_What will be expected of you?_**: -...


  • Somerset West, South Africa Finovate Full time

    Position**:Legal/Risk/Compliance Officer** Our client, a market leader in property management software has an opportunity for a **Legal/Risk/Compliance Officer **to join their fast-growing team based in **Somerset West**. **About the company** They have developed the most advanced Body Corporate & HOA management software that enables property managers to...


  • Somerset West, South Africa Frank Consult Full time

    Our client, a distinguished corporate commodity trading entity renowned for its international physical deliveries, is seeking a seasoned Compliance Officer / Risk Manager to join their esteemed team on a permanent basis. This pivotal role requires an individual with extensive experience and a profound understanding of SAFEX and Grain trading. **Key...


  • Somerset West, South Africa Talented Recruitment Full time

    A leading digital media marketing concern requires a Key Account Administrator to administer day-to-day activities of the client network with the purpose of ensuring service delivery and enabling account growth. Based in Somerset West, Cape Town. **Duties and responsibilities**: Quote and PO Processing: Submitting quote requests to Sales Admin based on: -...

  • Accounts Controller

    6 months ago


    Somerset West, South Africa Helderberg Personnel Full time

    My client, an international exclusive retailer has a vacancy at their Head Office for **an Accounts Controller (Marketing)**. accounts|accounts controller|finance|marketing accounts controller **Main Purpose of the Role** As an Accounts Controller (Marketing), your main responsibility will be to ensure that all marketing activities are completed within...

  • Accountant

    1 month ago


    Somerset West, South Africa Helderberg Personnel cc Full time

    Responsibilities: Monitoring day to day financial transactions Verify that transactions are recorded in the correct day book, supplier’s ledger, customer ledger and general ledger Manage debtors’ book, suppliers accounts and related administration (invoicing, payment allocation) Manage and maintain financial data and records Work closely with the...


  • Somerset West, Western Cape, South Africa Kontak Recruitment Full time

    Job Description:A leading power and remote monitoring company in the mobile telecommunications industry is seeking a highly skilled Senior Accountant. This exciting opportunity will report to the Finance Manager and be responsible for overseeing financial operations, ensuring accurate reporting, general ledger management, tax compliance, and cash flow...

  • Trade Accountant

    6 months ago


    Somerset West, South Africa Frank Consult Full time

    Join a highly successful commodity trading company in Somerset West specializing in international physical deliveries. They seek a Trade Accountant to join their dynamic team. This is an exceptional opportunity to work with a reputable company that values expertise, professionalism, and innovation in the industry.  As the primary contact for our customers...


  • Somerset West, South Africa Amdec Group Full time

    Situated just outside of Somerset West, below the magnificent Hottentots Holland Mountain range, lies Sitari Country Estate. A place that welcomes premium estate living. Where the simple country lifestyle of yesteryear seamlessly blends with the luxurious conveniences of modern-day living, providing residents with incredible natural beauty, 24/7 protection,...

  • Managing Agent

    6 months ago


    Somerset West, South Africa Sandak Lewin Trust Full time

    **1. Purpose** To support Trustees of Sectional Title Schemes and Home Owners’ Association by ensuring a professional management of their property. **2. Key Performance Areas** 1. Financial Management 2. Administrative Service 3. Meeting Procedures 4. Insurance Service 5. Project Management 6. Maintenance and Repair Service 7. Customer...


  • Somerset West, South Africa Motus Corporation Full time

    Job Description The Pre-Owned Vehicle Sales Manager will be reporting to the Dealer Principal (DP), the primary purpose of the position is to maximise sales opportunities to achieve budget objectives by continually examining weekly/monthly accounts, operating controls and composite figures that will enable necessary improvements and corrective actions to...


  • Somerset West, South Africa Motus Corporation Full time

    The Vehicle Sales Manager will be reporting to the Dealer Principal (DP), the primary purpose of the position is to maximise sales opportunities to achieve budget objectives by continually examining weekly/monthly accounts, operating controls and composite figures that will enable necessary improvements and corrective actions to achieve results. **Position...


  • Somerset West, South Africa Motus Corporation Full time

    The Pre-Owned Vehicle Sales Manager will be reporting to the Dealer Principal (DP), the primary purpose of the position is to maximise sales opportunities to achieve budget objectives by continually examining weekly/monthly accounts, operating controls and composite figures that will enable necessary improvements and corrective actions to achieve...


  • Somerset West, South Africa Helderberg Personnel cc Full time

    Requirements: Accounting Degree Completed SAIPA / CIMA / SAICA articles, eligible for registration as Professional Accountant (PA(SA)) with SAIPA or Associate General Accountant (AGA(SA)) / Chartered Accountant (CA(SA)) with SAICA, registration as Chartered Global Management Accountant (CGMA) optional; Experience and good knowledge of IFRS, IFRS for SMEs,...

  • Personal Assistant

    6 months ago


    Somerset West, South Africa Exceed Recruitment and Human Resource Consultants Full time

    **Reference**: 9258 RL **Consultant**: Rozel Liebenberg Daily timesheet management Checking timekeeping reports for invoicing Ensuring all required timesheet data required for invoicing is received available. Issuing invoices and final timesheets and submitting them via appropriate channels for processing Liaising with finance departments in case of...

  • Sales Administrator

    6 months ago


    Somerset West, South Africa Evergreen Health Full time

    Sitari Country Estate is an award-winning property development in the Western Cape and offers an iconic selection of prestige, premium and luxury apartments, village and country homes, country plots, as well as planned retirement properties, 24/7 protection, complete with an exclusive Curro School and lifestyle village mall. The **Sitari Property Sales**...


  • Somerset West, South Africa Helderberg Personnel Full time

    My client, an exclusive international retailer has a vacancy at their Head Office for a **Senior Accounts Payable Clerk** who will report to the Financial Manager. **Accounting Degree / Diploma / N6 equivalent** and have excellent oral and written communication skills. accounts|accounts clerk|finance|senior accounts|senior accounts payable clerk **Main...


  • Somerset West, South Africa Rola Recruitment Full time

    **Job Advert Summary**: We are seeking a diligent and experienced Legal & Compliance Officer to join our team and ensure that our business practices adhere to all applicable laws and regulations. As the Legal & Compliance Officer, you will be responsible for overseeing and managing all legal and compliance matters within the company. Your primary objective...