AML ANALYST – Letshego Financial Services

VACANCY 

Job Summary

Purpose of the Job:

To be responsible for monitoring of financial crimes to ensure business complies with all applicable AML regulatory requirements and policies.

Job Details

Critical Deliverables /Core Accountabilities and Responsibilities:

• Liaise with relevant departments to ensure appropriate course of action is taken to mitigate AML related risks within the business.
• Monitor compliance with statutory/regulatory obligations and advise management accordingly.
• Maintain an AML framework for the business in line with local money laundering and terrorist financing requirements.
• Implement sanctions screening process to ensure all customers are screened for sanctions.
• Provide training of employees on AML/CFT&P/Sanctions legislation and the requirements.
• Monitor AML systems, technology and screening tools as well as processes within the subsidiary.
• Ensure adherence to the relevant sanction’s notices.
• Compile AML sanctions quarterly and annual reports which give a view on the effectiveness of the systems and controls in line with the governance reporting framework.

Requirements

• Grade 12, (25 points and above).
• Bachelor – Risk Management, LLB or Audit or equivalent.
• At least 2 – 3 years’ experience in legal compliance management functions.
• Experience working in AML within financial institutions.
• Ability to execute effectively against strategy and exceed goals consistently.
• Knowledge of AML Compliance standards.
• Good understanding of corporate governance.
• Hands-on experience of AML systems.