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
Internal Process
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
- 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
- No work experience required
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
- 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
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