Aml, Cft

Job Family
- Risk, Audit and Compliance

**Job Purpose**
- To research trends, best practice and regulatory risk requirements and develop and disseminate information; guidelines; processes and research papers associated with money laundering; terrorist financing and sanctions compliance; to ensure local and international regulatory standards across the Nedbank Group are met.

**Responsibilities**:

- Conduct required research to provide input into processes, policies, procedures, practices and plans and issue guidance to ensure the mitigation of risks associated with money laundering, terrorist financing and sanctions.
- Conduct research on trends, best practice and regulatory risk requirements.
- Identify risk related issues, through research, and make recommendations to mitigate the risk, improve processes and ensure regulatory compliance.
- Identify amended and/or new legislation through subscriptions, research, and stakeholder engagements, to determine impact and advise relevant stakeholders, including subsidiaries, for updates to policies, processes, procedures, practices and plans to be affected
- Research competitor policies and procedures to position Nedbank competitively and benchmark against the industry.
- Identify sanctions related information to ensure awareness is created with stakeholders and updates are affected to the applicable policies, processes, procedures, and practices.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
- Identify opportunities to improve business understanding, enhance knowledge and mitigate risks.
- Determine scope of research requested by stakeholders.
- Develop research papers and/or guidelines and processes.
- Prepare information, research papers and/or guidelines and processes for distribution.
- Ensure the necessary awareness, communication, and dissemination of information and/or guidelines take place.
- Liaise with stakeholders to fully understand expectations and/or requirements and deliver feedback to management and stakeholders on progress.
- Identify relevant stakeholders for the dissemination of research findings, information, and guidelines to achieve required impact.
- Maintain relationships with relevant stakeholders to obtain applicable content and/or trends to be included in policies, processes, procedures, practices, and plans.
- Liaise with stakeholders to clarify discrepancies and provide input and feedback based on research findings to ensure risks are mitigated.
- Interact with stakeholders to build and maintain mutually beneficial relationships, aligning regulatory requirements and considering international standards.
- Maintain relationships with relevant stakeholders to obtain the applicable advice to inform the research scope and guidance provided prior to distribution.
- Share research findings and best practice with stakeholders.
- Understand and embrace the Nedbank vision and values through interaction with stakeholders.
- Improve personal and professional capability and stay abreast of developments in field of expertise by identifying training opportunities.
- Ensure knowledge management, team success and that information is provided in the correct way to stakeholders.

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

Preferred Qualification
- Bachelor of Laws (LLB)

Preferred Certifications
- Associated Certified Anti-Money Laundering Specialist (ACAMS) or Anti - Money Laundering certification.

Minimum Experience Level
- 2 - 3 years’ experience in risk management research methodology

**Technical / Professional Knowledge**
- Relevant regulatory knowledge
- Stakeholder management
- Business Acumen
- Industry trends
- Relevant Nedbank policies and procedures
- Nedbank systems
- Research methodology

**Behavioural Competencies**
- Communication
- Continlous Learning
- Building Partnerships
- Decision Making
- Initiation Action
- **_Please contact the Nedbank Recruiting Team at
+27 860 555 566
_