Aml, Cft

**Requisition Details & Talent Acquisition Contact
**REQ 116130- Tshego Semenya

Career Stream

Regulatory Compliance

**Leadership Pipeline**

Manage Self: Technical

**Job Purpose**
- To analyse and interpret trends, best practice, regulatory risk requirements and draft, maintain, review, monitor internal controls and documentation associated with AML, CFT, CPF and Sanctions compliance to ensure applicable requirements and standards within Nedbank subsidiaries are met.
- Provide oversight and advisory to the Nedbank Group Subsidiaries in respect of Risk Management and Compliance Programme (RMCP) policies, principles, methodologies, processes, and training to ensure alignment with best practice and regulatory risk requirements.

**Responsibilities**:

- Provide clarification, advice, guidance and assistance on best practice, local regulatory risk requirements and Nedbank Group standards in relation to AML, CFT, CPF and Sanctions regulatory risk to ensure associated risk is managed in a timely manner.
- Provide advice, input, and guidance to stakeholders, through analysis and interpretation of the Risk Management and Compliance Programme (RMCP).
- Liaise with all relevant stakeholders to fully understand the compliance and risk management exposure and update management and stakeholders on progress through applicable governance forums and structures. Ensure that all reporting requirements (verbal and written) are performed in a timely manner ensuring information is valid, accurate and complete taking consideration of the audience.
- Maintain relationships with relevant stakeholders through formal and informal interaction to obtain applicable content and/or trends to provide advice to stakeholders.
- Interact with stakeholders, through formal and informal engagements to build and maintain collaborative relationships and to ensure alignment of regulatory requirements as set by South African Reserve Bank (SARB) and Financial Intelligence Centre (FIC) and local regulatory requirements.
- Provide input into new and existing business products and processes through identifying and analysing associated risks related to AML, CFT, CPF and Sanctions to manage associated risks.
- Follow up on identified risks and corrective action to be taken by stakeholders within specified timeframe through meetings and/or electronic medium to ensure that best practice, Group Standards, and local regulatory requirements are met.
- Draft and / or review, maintain internal controls and / or relevant documentation by sourcing and analysing relevant information to ensure best practice and regulatory risk requirements are met.
- Create awareness of and distribute new and / or updated internal controls and documentation through formal and informal channels to ensure implementation, compliance, and alignment by stakeholders.
- Analyse amended and/or new legislation and / or best practice, through identification of impacts and/or gaps in existing internal controls and advise relevant stakeholders for updates to policies, processes, procedures, practices, training, and plans, to be affected and corrective action to be taken.
- Obtain feedback and input from stakeholders on proposed amendments and / or new internal controls and / or documentation to ensure buy-in is created and business impact determined.
- Prepare feedback report by collating outcome of subsidiary assessed, containing current status, risks identified and risks mitigates to ensure gaps and/or risks are actioned and tracked.

Minimum Experience Level
- 2 to 4 years regulatory experience in Anti Money Laundering.

**Essential Qualifications - NQF Level**
- Advanced Diplomas/National 1st Degrees

Preferred Qualification
- Bachelor of Commerce: Business Management

**Preferred Certifications**
- Certificate in Business Analysis from one of the Institute of International Business Analysts (IIBA) endorsed education providers - essential. Associated Certified Anti-Money Laundering Specialist (ACAMS) or Anti - Money Laundering certification - preferred, not essential

Type of Exposure
- Implementing a strategic plan
- Working with clients to solve client problems
- Investigating and reviewing processes to improve business satisfaction
- Tracking cost against a budget
- Interacting with various levels of management
- Integrating information from various database sources
- Managing customer expectations
- Comparing two or more sets of information Working with a group to identify alternative solutions to a problem
- Interacting with diverse people (nationally and internationally)
- Working in a fast-paced and changing environment

**Technical / Professional Knowledge**
- Business Acumen
- Data analysis
- Nedbank policies and procedures
- Nedbank vision and strategy
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- System development
- Business writing skills
- Database Knowledge
- Technical System Interfaces

**Disclaimer**

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**_Please contact the Nedbank Rec