Standard 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.

To define and maintain the Anti-Money Laundering and Combatting Financing of Terror (AML / CFT) Quality Assurance framework covering all Money Laundering and Financing of Terror Surveillance processes, services and products and to conduct end-to-end QA reviews across MLS accordingly, therefore mitigating the potential for operational losses, fines, penalties or reputational damage to the organisation.

Minimum Qualifications
Type of Qualification: Diploma / Risk Management


Experience Required
Group Anti Financial Crime- 3-4 years

• Experience in the analysis of money laundering and terrorist financing indicators and trends. Experience in bank processes, products and systems.
• Experience in dealing with different stakeholders at different levels both internal and external. Experience in quality assurance or audit (i.e. able to conduct qualitative assessment of peer / subordinate work). Experience in an oversight role related to AML / CFT analytics.
• Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.

Outputs:

• Capture findings and conclusions in the required reporting format and systems and prepare and submit outcomes as prescribed by relevant policies and procedures.
• Collaborate with the Financial Intelligence Centre, as and when required, to address large scale or sensitive financial crimes, as they relate to specific requests issued by the FIC.
• Conduct in-depth analysis to ensure that the organisations' products and services adhere to all relevant legislation and regulations.
• Contribute to the periodic and ad-hoc system, process or data related reviews (e.g. rule tuning, systems verification, transaction monitoring, bank data testing, quality assurance reviews) as per the respective plans.
• Define and maintain the AML / CFT Quality Assurance framework in the context of relevant money laundering and terrorist financing trends, previous QA outcomes, regulations, legislation, standards, processes, procedures and any relevant guidance. Conduct QA reviews in MLS in accordance with the QA framework. Manage and monitor the implementation of improvements and remedial actions emanating from the QA findings, until close out

Technical Competencies:

• Financial Industry Regulatory Framework
• Fraud Detection and Management
• Identity and Security Compliance
• Promote Good Governance, Risk & Control
• Quality Management System Support
• Risk Management