Thursday , February 29 2024


  • Full Time
  • Sandown

Website Bidvest Bank

Job Description:

To effectively manage the AML Content Monitoring function, analysis and resolution of enquiries pertaining to FICA compliance received from Business Unit ; contributing to applicable monitoring of FICA compliance by business; monitoring the proper implementation of PEP and High Risk related policies and procedures; developing and maintaining of AML/CFT risk management processes; assisting AML management with monthly MI reports. Ensuring compliance with the relevant FICA requirements, and the company’s internal processes; policies; procedures and regulations in the team.

Job Responsibilities:

  • Knowledge of Acts in relation to AML/CFT compliance: FIC, POCA, POCDATARA
  • Manage the implementation and management of internal procedures.
  • Investigating matters of FICA non-compliance.
  • Interprets business unit/stakeholder requirements to provide timeous solutions.
  • Provide appropriate advice to stakeholders pertaining to AML Investigations & Reporting matters
  • Manage implementation of AML related requirements in the Bank
  • Identify problem areas and ensure corrective action is taken.
  • Interprets business/customer requirements to provide timeous solutions.
  • Responsiveness: Speed of responses, reaction time, going the extra mile, turnaround time.
  • Building relationships.
  • Monitoring and managing the operational deliverables of staff
  • Manage day to day staffing requirements, issues and performance
  • Contribution to making the department a great place to work
  • Attending of and making appropriate contributions to AMLCO meetings as well as AML department meetings/work sessions – also in the context of the Compliance division if so required.
  • Effort to forge & maintain quality inter-personal relationships.
  • Support and drive the business’s core values.
  • Maintain a positive attitude and drive.
  • Respond openly to feedback.
  • Promote the sharing of knowledge.
  • Show willingness to help others.
  • Manage one’s own emotions (i.e. handling stress in a manner that does not disrupt the team effectiveness).
  • Open to feedback and constructive criticism of performance.

Job Requirements:

  • Qualifications Money Laundering Control Certificate
  • Compliance Certificate
  • CAMS Certificate
  • B-Degree with Risk Management as a major
  • Experience At least 3 years’ supervisory experience (team of 3-5 people)
  • Extensive FICA & AML knowledge and proficiency
  • Management of larger teams;
  • Management of AML related functions
  • Knowledge, Skills and Abilities Required (Competencies & level of competencies)
  • Ability to identify weaknesses in the control environment
    and implement changes
  • In depth Knowledge and experience of AML
  • Ability to prioritize and manage multiple tasks, while ensuring that assigned job responsibilities and department goals are met
  • Ability to identify and escalate sensitive issues with discretion
  • Attention to detail
  • Ability to work independently and meet deadlines
  • Draft and create internal Policies and Procedures
  • Ability to operate effectively under pressure
  • Resourceful
  • Proficient in Banking systems
  • Microsoft Office (Advanced Excel skills)
  • Excellent communication skills
  • Knowledge of financial industry products and services would be advantages
  • Ability to understand and efficiently analyse information from multiple sources
  • Strong analytical skills
  • Exception reporting knowledge
  • Compliance Monitoring and Reporting
  • Mostly Office Bound with some travel
  • Attention to detail
  • communication skills.
  • work independently
  • resourceful
  • multi task
  • Microsoft

Job Details:

Company: Bidvest Bank

Vacancy Type:  Full Time

Job Location: Sandown

Application Deadline: N/A

Apply Here