Specialist: Forensics

Empowering Africa’s tomorrow, together one story at a time.
- 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

AGL Financial Crime are responsible for ensuring that the Bank manages the risks of money laundering, terrorist financing, sanctions, bribery, and corruption and, in so doing, protects the Bank, its customers and its employees, as well as society at large, from the negative effects of financial crime. The Financial Crime function implements a Financial Crime Risk framework to meet the requirements of anti-money laundering, anti-terrorism, anti-bribery & corruption, and economic sanctions laws and regulations.

Job Description

A key requirement of the role is to build out a robust, firm-wide capability to enable a data driven approach to managing risk which also drives a top-class analytics and intelligence capability to enhance and strengthen the firm's management of financial crime and terrorist financing.

The key specific accountabilities of this role would be the following:
- Being actively involved in delivering a robust FIU capability that meets the requirements and expectations of all regulatory stakeholders.- Being actively involved in the development of intelligence products that are both strategic and operational in nature.-
- Taking the outcomes from intelligence led investigations and ensuring these are embedded in the business.- Working closely with analytics in the development of a data acquisition strategy and deployment of supporting toolsets.- Actively seek to enhance the profile of the FCIU by adding value to business in regular engagements.

Key Accountabilities:
Accountability Operational Support and Coordination- Assess all data, trends and indicators and escalate all issues of a significant nature to the appropriate stakeholders on a timely basis through interactions and submission of reports (content presentation, accuracy, quality and completeness are important).- Be able to identify relevant legal-, reputational-, concentration-, regulatory and credit-risks and to verbalise same in an appropriate manner to enable the relevant business unit to manage its client-relationships accordingly.- Capture appropriate, accurate and reliable data on the relevant case management system to allow effective MI being communicated.- Evaluate and add value to information received from internal
- and external-stakeholders with the objective of turning the information into intelligence, thereby enhancing the profile of the FCIU and improving the unit’s value proposition.- Make meaningful and appropriate recommendations in any communications/reports/interactions becoming a relevant trusted advisor and business enabler.

Accountability: Monitoring- Utilise the rich sources of Customer, Transactional and Geospatial data to develop flexible rule based profiling models to monitor and detect on-going Financial Crime red flags.- Be actively involved in the delivery of the next generation of analytics-based monitoring capabilities through the development of statistical based detection models.

Accountability: Stakeholder Management- Be actively involved in engagement with key stakeholders to ensure effective partnership both internally and externally.- Provide guidance to the Business because of outcomes and outputs from intelligence driven activity.- Lead by example, appreciates their role in providing guidance and education and training to others.- Able to clearly navigate and articulate the importance of the FC Control Environment to the business that is because of intelligence activity, whether internally or externally driven.- Able to educate colleagues and skillfully provide simple explanations, real world case studies.- Able to effectively present/ facilitate FC training if required.- Embraces change and sponsors improvements as a consequence of the outputs of intelligence led or driven activity.- Technology & Change - Work closely with Technology & Change functions to build an industry leading analytics capability.

Accountability: Risk and Control

All AGL colleagues have to ensure that all activities and duties are conducted in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards.

Education and Experience Required- Relevant B-degree in Law or Risk Management, with LL.B an advantage.- Minimum 5 years’ experience in the field of Risk Management/Financial Crime (AML/ ABC/Sanctions/IFF)/Financial Crime Intelligence or Data analytics.

Knowledge & Skills:
- Specialist knowledge of AML policies and procedures- Experience in AML or investigations-
- Strong working knowledge of relevant operational areas which interface with this role- Awareness of cultural differences and v