Compliance Specialist
A leading international bank with over 50 years of consistent growth globallyis looking for a dynamic individual with the right qualifications and experience to be part of the compliance department.
Responsibilities include:
- Guide and advise Branches on AML/CFT and FAIS requirements
- Conduct compliance training as per the compliance training plan, when required
- Conduct compliance monitoring and testing, including providing recommendations and actions plans
- Assist in filing of Cash threshold reports to the FIC on the goAML platform
- Assist in managing all projects relating to the reporting to the FIC
- Conduct investigations and file STRs/SARS to FIC on the goAML platform
- Review and recommend for approval the opening of all high risk accounts and reporting thereof
- Review and approve Re-KYC of high risk accounts and the EDD review memos
- Reviewing and closing of transaction monitors
- Prepare and submit monthly and quarterly reports to management on STR/SARS filed, high risk accounts, frozen accounts and the compliance monitors
- Regularly review the Compliance Monitors functioning, quality of commentary and timeliness of clearing
- Updating and managing SWIFT KYC Registry
Benefits
- 24 days of annual leave per annum
- Provident Fund
- Medical Aid
- 13th Cheque
The following minimum requirements must be met to be considered for this position:
5-7 years experience in a FAIS and AML/CFT role in a banking institution
Legal/finance qualification/or similar and other compliance related courses/qualifications
In-depth knowledge of the FIC Act including all sub ordinate legislation and FAIS Act including all subordinate legislation is essential.
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