AML Specialist

We are seeking a highly skilled AML Transaction Monitoring Rules Specialist to join our dynamic team at Capitec Bank.

Main Purpose:

• The ideal candidate will have proven experience in optimising automated transaction monitoring systems using relevant data and analytical tools, while having a firm understanding of financial crime regulatory environment.
• This role is critical in ensuring Capitec discharge its transaction monitoring obligations by effectively assessing risks, implement new rules, and optimising existing transaction monitoring rules according to the bank's risk appetite.

Key Responsibilities:

• Rule Assessment and Implementation
• Rule Optimization and Maintenance
• Data Analytics and Reporting
• Collaboration and Training

Requirements:

• Bachelor's degree in Finance, Business, Data Science, or a related field.
• Proven experience in AML transaction monitoring, preferably within a financial institution.
• Strong knowledge of automated transaction monitoring systems and data analytics tools.
• Excellent analytical and critical thinking skills.
• Familiarity with AML regulations, guidelines and best practices (e.g., FICA, FATF)
• Experience with specific transaction monitoring software (e.g., Actimize, SAS AML).
• Advanced proficiency in data analytics tools (e.g., SQL, Python, R).
• Certification in AML (e.g., CAMS, CFE).

Estimated Salary: R 600,000 - R 800,000 per annum, depending on qualifications and experience.