Senior Mngr: AML Monitoring

Requisition nr: 143088
Talent Acquisition Specialist: Tshego Semenya
Location: 135 Rivonia Road, Sandown
Closing date: 5 December 2025

Business Commercial Banking

Regulatory Risk

Manager of Others

Senior Mngr: AML Monitoring & Reporting

This is an exciting opportunity to join a newly established AML team within a growing cluster and play a pivotal role in shaping its future. You'll lead monitoring and reporting initiatives that directly influence strategic decision-making at high-level governance forums. Beyond ensuring timely, accurate, and insightful reporting aligned to GCC standards, you'll drive innovation by introducing automation and AI-driven solutions to elevate monitoring processes. Operating in a dynamic environment with evolving roles, you'll collaborate with key stakeholders across the business and Group functions, while contributing to the development of robust AML risk management controls. If you're passionate about making an impact and bringing fresh ideas to a team that's building from the ground up, this role offers the perfect platform to grow and lead.

Lead AML monitoring and reporting within the BCB cluster, ensuring compliance with FICA and international regulatory standards. The role is split 50% monitoring and 50% reporting, providing assurance on the adequacy and effectiveness of AML, CFT, CPF, and sanctions controls, while driving innovation in monitoring and reporting processes.

• Provide applicable regulatory and risk assurance to all internal and external stakeholders on the adequacy and effectiveness of required controls by conducting reviews according to the annual monitoring plan.
• Provide feedback and recommendations to stakeholders on the outcome of risk reviews conducted on the implementation of required controls, regulatory requirements, and international regulatory standards through formal engagements.
• Liaise with stakeholders to fully understand expectations and/or scope of risk assurance to be provided.
• Engage with stakeholders to provide clarification and recommendations on the outcome of risk reviews conducted and on the implementation of required risk management controls.
• Liaise formally with stakeholders to identify gaps and disclose self-identified issues.
• Maintain collaborative stakeholder relationships through formal and informal channels.
• Perform reviews in accordance with AML, CFT, and Sanctions annual monitoring plans.
• Identify and highlight associated risks on the required controls from the reviews conducted.
• Provide assurance to stakeholders on required risk management controls through oversight of policies, procedures, processes, practices, training, and systems implemented.
• Prepare reports on the outcome of risk reviews, inclusive of recommendations and/or corrective and/or remedial implementation, for submission to relevant governance forums and structures for corrective action or assurance.
• Assess the implementation of corrective and/or remedial action taken by stakeholders from the review and/or audit findings, and provide assurance on the corrective and/or remedial implementation.
• Assist with the coordination of information required for regulatory inspections by collating relevant information.
• Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.
• Manage the team effectively and efficiently across the HR value chain including recruitment, performance management, retention of critical staff, succession planning, coaching, and talent management.
• Identify training courses to improve personal capability and stay abreast of developments in the field of expertise.
• Ensure all learning activities are completed and experience practiced to enable effectiveness in performance of roles and responsibilities.
• Build expertise through gaining new knowledge and sharing knowledge with team and stakeholders.
• Participate and support culture building and corporate social responsibility initiatives for the achievement of business strategy.
• Identify opportunities to improve or enhance risk management controls by recommending enhancements and/or effective ways to operate and add value to the Nedbank Group.

• Advanced Diplomas/National 1st Degrees
  

• Relevant degree in fields such as BCom, Law, Auditing, or Risk Management

• Professional certifications such as Certified Internal Auditor (CIA) or IRMSA

• Minimum 5 years' experience in AML with strong exposure to monitoring and reporting functions.
• Solid auditing or assurance background, as monitoring is equivalent to auditing in this context.
• Proven ability to interpret regulatory requirements and apply a risk-based approach to AML, CFT, CPF, and sanctions compliance.
• Strong report writing skills with the ability to produce clear, concise, and insightful reports for governance forums.
• Stakeholder engagement experience, including interaction with senior executives and governance committees.

Preferred:

• Experience in regulatory risk management, including adequacy and effectiveness testing of controls.
• Familiarity with data analysis tools, compliance systems, and reporting platforms.
• Exposure to automation and AI concepts for enhancing monitoring and reporting processes.
• Demonstrated ability to lead teams, manage performance, and develop talent across the HR value chain.

• Business Acumen
  
• Change management
  
• Client service management
  
• Communication Strategies
  
• Data analysis
  
• Diversity management
  
• Governance, Risk and Controls
  
• Nedbank policies and procedures
  
• Operational risk management
  
• Relevant regulatory knowledge
  

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at

Please contact the Nedbank Recruiting Team