Specialised Compliance Consultant-1

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Performing core financial crime operational procedures for High Risk and PEP customers focusing on specific customer due diligence, Customer Screening, Onboarding, Ongoing Reviews and Customer Exits in compliance with the Anti-Money Laundering Customer Due Diligence Standard (CDD) and AML policies.

Job Description

Accountability: Service Delivery

• Applying the Anti-Money Laundering Customer Due Diligence standard (CDD) together with the Anti-Money Laundering Life Cycle Standard (CLS), PEP Standard and all other policies in support of AML to daily operational procedures.
• Develop an in-depth knowledge and understanding of the AML CDD Standards and Financial Crime Operations Processes.
• Delivering a high standard of work by keeping up-to-date on financial crime regulatory related issues across a range of topics by awareness of current regulatory / process changes through attendance at training sessions and research.
  
  

Education And Experience Required

• Matric
• Minimum 12 months Experience working within AML compliance, High Risk and PEP Customer Due Diligence/Financial Crime processes
• B Comm (Assurance), LLB : Advantage
  
  

Knowledge & Skills

• Strong ABSA systems working knowledge
• Demonstrated experience/background in High Risk and PEP customer enhanced due diligence.
• Sound knowledge of the AML CDD and PEP standards and FICA regulatory requirements.
• Strong IT literacy with good knowledge of MS Office
  
  

Competencies & Personal Skills

• Ability to communicate clearly and effectively in many mediums
• Deciding and initiating action
• Expand knowledge and explore new ways of doing things
• Motivated for problem solving
• Flexibility and responding to change
• Working under Pressure
  
  

Education

Higher Diplomas: Law, Military Science and Security (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised