Anti-Money Laundering (AML) Intern MMH250603-8

Momentum Group Limited


Date: 2 weeks ago
City: Centurion, Gauteng
Contract type: Intern
Role Purpose

To gain practical experience and knowledge by assisting experienced Anti-Money Laundering (AML) professionals with various tasks related to identifying and preventing financial crimes like money laundering and terrorist financing

Requirements

Minimum Qualifications

  • Legal (LLB/BCom Law/BA Law)
  • BCom(Risk Management)
  • Diploma in Forensic Investigations or Degree in Forensic Science

Knowledge

  • Understanding the legal frameworks, regulatory guidelines, and industry best practices governing AML efforts
  • Understanding common money laundering schemes, terrorist financing methods, and other financial crimes.
  • Microsoft Office Suite

Minimum Experience

  • No work experience required

Duties and Responsibilities

Internal Process

  • Analyse transaction data to identify suspicious activities or patterns
  • Collect, review, and analyse information to ensure compliance with CDD (Customer Due Diligence) regulations.
  • Monitor financial transactions for potential red flags or breaches of AML regulations
  • Prepare reports on suspicious activity and other compliance-related matters
  • Research new regulations, industry trends, and best practices in AML
  • Assist with the capturing, tracking and maintenance of AML regulatory reports, risk registers, risk assessments, process documents, inspection findings and system changes
  • Provide administrative and logistical support to more experienced AML professionals in the team

Client Process

  • Build and maintain relationships with internal and external stakeholders
  • Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed
  • Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service
  • Participate and contribute to a culture of work centric thinking, productivity, service delivery and quality management
  • Take ownership for driving career development

As an applicant, please verify the legitimacy of this job advert on our company career page.-289469233

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