BA Personal as a specialist in our field of expertise with extensive experience in placing niche and specialized roles both Nationally and Globally, is known for attracting and representing high caliber candidates. Our clients are diverse Leaders in their respective Industries and Representatives across all business sectors. Excellent opportunity for a highly experienced Compliance Manager Anti - Money Laundering with vast technical experience and insight into the entire AML / CFT. Implementation of Risk Compliance Monitoring Plans and guidelines on the implementation and management through the application of Risk Management principles, policies, processes and procedures. To facilitate compliance to policies and strategic objectives through workable risk management solutions. Facilitate the management of incidents and/or issues identified within the Group' through the application of Risk Management principles. To contribute in a timely and accurate way to Group reporting requirements. Apply specialist and detailed technical expertise, especially with regards to Anti-Money Laundering regulations. COMPLIANCE MANAGER ANTI MONEY LAUNDERING To manage, analyse, and monitor and report on regulatory and international best practice risk indicators, trends, controls, and systems associated with money laundering, terrorist financing, sanctions and exchange control risk management and compliance and its controls, to ensure risks to Group are mitigated. Maintain and embed enhanced AML/CTF and Sanctions policies and standards across Group. Manage the likelihood and probability of being imposed with a regulatory risk penalty, criminal liability and/or administrative sanction, through the analyses and monitoring of risk indicators and controls and advise stakeholders Ensure the analysis, monitoring and tracking of regulatory risk indicators and controls by providing guidance in highlighting possible risks and ensuring regulatory obligations are met. Provide clarity to stakeholders on analysis of risk indicators results and controls related to regulatory requirements and international best practice and advise stakeholders on appropriate outcomes Representing the Head on items related to monitoring and analysis of AML, CFT and Sanctions risk management at relevant governance forums, structures, meetings, engagements and regulatory interactions where required Manage the obtaining of statistical and transactional data from relevant systems, reports and data from subsidiaries and stakeholders to monitor the analyses and review of information to ensure accuracy of information and correct processes are followed as well as implement solutions enabling the necessary exception handling in order to mitigate regulatory risk penalties. Review internal controls and documentation for quality assurance and ensure corrective action is taken Ensure the analysis and accurate identification of risks and gaps to mitigate risks associated with money laundering, terrorist financing, sanctions and exchange control Monitor and ensure oversight of risk indicators and controls, feedback and corrective action implemented by reviewing reports through stakeholder engagement and tabled through applicable governance forums and structures. Review input into new reports or enhancements to existing reports through gaps identified during analysis of risk indicators and/or controls to ensure risks are exposed and mitigated Utilise resources effectively and efficiently by delegating deliverables according to specialised skills-set to ensure work is completed to correct standard and expectations. Review, improve and update work processes and practices to identify areas of resource inefficiencies and promote business optimisation Review, improve, update and implement service level agreements with vendors and internal service providers e.g. Group Technology. Engage with stakeholders to obtain buy - in for implementation of proposed continuous improvement changes and initiatives Oversee the provision of AML /CTF training across all business units ensuring appropriateness of content and application to appropriately identified staff, to ensure completeness of training, Provide advice and guidance on AML/CTF & Sanctions related matters to the business and Compliance Community including advice on the impact, interpretation and changes in AML/CTF legislation & Sanctions regulations. Provide 2nd line oversight over the management of the AML/CTF investigations and regulatory reporting of Cash Threshold and Cash Threshold Aggregation Reports, Suspicious Transaction and Suspicious Activity Reports and Terrorist Property and Terrorist Activity Reports to ensure that alerts generated from the automated and manual systems are fully investigated and appropriately reported. This would include ensuring that any additional follow-up investigations around such transactions are completed. Oversee the provision of insightful Management Information back to business on the insights generated across the various reports. Provide input into the operationalisation of a Risk Based Approach to AML and CTF. AML/CFT Risk Framework : To mitigate the risk of Group products and services being abused for the purposes of money laundering or terrorist financing, through the establishment and maintenance of an effective AML/CFT & Sanctions control framework. Responsibility for the remediation of all AML/CFT issues identified via testing or audit reports. Attending to queries from the various Business Units relating to and dealing with the interpretation, analysis and implementation of AML/CFT regulatory requirements. Ensuring that Group, Divisions and Subsidiaries remain compliant with its AML/CFT obligations. Minimum Responsibilities: • LLB • 5 - 10 years Financial Crime experience in the Financial services industry Report this listing Apply Now

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Compliance Manager Johannesburg /Cape Town - South Africa

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