Company DescriptionStandard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To manage the Money Laundering Surveillance Investigations Team, focusing on escalated and high-profile investigations, in order for the Bank to meet its reporting obligations, legislative and regulatory requirements and to mitigate AML / CFT risks. This is essential in order to ensure that the Bank is conducting business in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation. 

Qualifications

Type of Qualification: First Degree
Field of Study: Risk Management/Bachelors in Commerce/Finance&Accounting/Audit/Banking/Legal

Certification such as CAMS (Certified Anti-Money Laundering Specialist) or ICA (International Compliance Association) will be an added advantage.
Experience Required

3-4 years Experience in Analytics, Fraud, Money Laundering and Combatting Financing of Terrorism Surveillance.3-4 years Experience in Money Laundering investigations in conjunction with regulatory reporting  Banking systems & data and how to utilize in investigations. Analysis of AML/CFT indicators/trends. Dealing with stakeholders at different levels, internal & external.

Responsibilities:

Risk, Regulatory, Prudential & Compliance

Stay abreast of money laundering and terrorist financing trends and typologies in order to utilise this information during the course of high-profile investigations to create awareness around new modus operandi and to identify potential risks.Provide specialist knowledge and leadership to the team, to enable the development, maintenance and implementation of the relevant part of the Functional Framework (covering typically strategy, policy, process, procedures, standards, objectives, metrics, reporting and governance) in order to significantly contribute to the assurance that business is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage.

Technology & Architecture

Contribute in the setting of the functional area's technology plan in the context of the Group Compliance Function's plan and Group IT plan. Provide domain expertise to develop the relevant technological requirements. Adhere to and implement the relevant technology standards developed by the IT Function.

Strategy

Contribute, as and when required by the line manager, by providing specialised input for the definition and / or maintenance of the functional area's strategy. Contribute towards strategic analysis efforts by providing strategic intelligence gathered from high profile investigations.Deliver holistically on all the regulatory and internal reporting requirements. Inter alia - Provide accurate and insightful statistics, dashboards, MI, strategic information and reports regarding high profile matters and to highlight escalations to the line manager, Compliance Manco Team, Governance Committees. Oversee the reporting to the  Regulator.

Client

Manage and / or execute client facing activities, both internal and external, in line with the agreed policies, procedures and service level agreements.

People

Lead and manage the team to deliver in accordance with the Functional Framework, including execution of the employee performance appraisal process and the coaching of the team members to grow as individuals and to perform their duties.

Data

 

Deliver holistically on all the regulatory and internal reporting requirements. Inter alia - Provide accurate and insightful statistics, dashboards, MI, strategic information and reports regarding high profile matters and to highlight escalations to the line manager, Compliance Manco Team, Governance Committees. Oversee the reporting to the  Regulator.

Additional Information

Behavioural Competencies:

Articulating InformationChecking DetailsDeveloping ExpertiseDeveloping StrategiesExploring PossibilitiesFollowing ProceduresInteracting with PeopleInterpreting DataManaging TasksProviding InsightsTaking ActionTeam Working

Technical Competencies:

ComplianceFraud Detection and ManagementLegal CompliancePromote Good Governance, Risk & ControlRisk Management