CVC Administrator

**Contract Position**

12 Months Contract

Talent Acquisition Consultant

Ayanda Tshabalala - Req ID 115030

**Location**

Cape Town

**Job Purpose**

To ensure that relevant process are administered; maintained and supported to meet the requirements of the department and business; in line with the Groups strategy. To support business by ensuring relevant processes are administered and meet business requirements. To support the CVC Manager to ensure that the Wealth Management Division is compliant in terms of regulatory requirements (AML / CFT legislation, regulatory and supervisory requirements, including Sanctions Compliance) by analysing and monitoring regulatory risk indicators associated with money laundering; terrorist financing and sanctions compliance to ensure risks to the business are mitigated.

**Responsibilities**:

- Ensure compliance to regulatory requirements, improved business results and client service by identifying the likelihood and probability of being imposed with a regulatory risk penalty, criminal liability and/or administrative sanction, through analyzing and monitoring risk indicators and advising stakeholders accordingly.
- Ensure efficient identification and verification of all onboarded clients within Wealth
- Conduct enhanced due diligence on high risk clients
- Investigate and assess alerts relating to potential money laundering risks in the organization.
- Meet Service Level Agreements (SLA) by conducting processing activities within agreed timelines and parameters.
- Minimise financial and reputational risk by ensuring accuracy of processing activities.
- Minimise operational costs by avoiding unnecessary expenditure.
- Satisfy internal and external clients by responding to and actioning queries within agreed SLA.
- Meet Nedbank internal and external client service standards by communicating with stakeholders accordingly.
- Understand and meet stakeholder needs by maintaining a relationship through regular interaction.
- Ensure all internal controls, information and documentation that have been distributed to business is adhered to by the business.
- Ensure effectiveness of processes by monitoring all regulatory reports and ensuring that reports are effective to track, measure and analyze data relating to work processes.
- Minimise risk by checking and validating activities according to policies and procedures.
- Ensure accuracy by identifying and recording / correcting discrepancies timeously.
- Highlight risk by reporting exceptions timeously.
- Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
- Ensure knowledge management, continuity and team success through constructive participation in a diverse team and sharing knowledge with team.

Minimum Experience Level

2 - 3 years Regulatory knowledge (Risk, AML, FICAA, etc) is essential.

5 years Banking experience preferably with knowledge of Trusts, Financial Planning and Stockbroking.

Preferred Qualification

Relevant Banking diploma or equivalent

Type of Exposure
- Working with a group to identify alternative solutions to a problem
- Conducting processing activities
- Capturing data
- Checking accuracy of reports and records
- Communicating internally
- Drafting reports
- Completing various administrative and secretarial duties (e.g.; answering phones; making copies; filing)

**Technical / Professional Knowledge**
- Administrative procedures and systems
- Data analysis
- Microsoft Office
- Relevant regulatory knowledge
- Business writing skills
- Relevant system knowledge
- **_Please contact the Nedbank Recruiting Team at
+27 860 555 566
_