Specialist AML Investigations
Barclays Africa Group Limited
9d ago

Accountabilities : Operational Support and Coordination

  • Manage and perform detailed investigations relating to Anti Money Laundering from various sources including automated transaction monitoring alerts.
  • Obtain all relevant evidence related to an investigation. Scrutinise / analyse this evidences and make meaningful observations / conclusions regarding the findings
  • Assess all findings in order to establish trends and escalate all issues of a significant nature to the appropriate stakeholders on a timely basis (as and when these occur) and through various meetings and reports (content presentation, accuracy, quality and completeness are important)
  • Ensure that each investigation is of high quality, accurate, value adding conclusion, for the type of investigation being conducted
  • Collate appropriate, accurate and reliable MI to effectively manage compliance risks
  • Evaluate and challenge information received from the local and in country teams with the objective of achieving continuous improvement in compliance
  • Make meaningful recommendations for the various types of investigations. This will include, but is not limited to system / people / process failures
  • Inform management of any suggestions or proposals to enhance investigative methodologies
  • Inform management immediately of any new trends which have been identified during investigations for further escalation to stakeholders
  • R e po rting and Governance

  • Action requests received in respect of Sections 27, 29, 32, 34 and 35 of the Financial Intelligence Centre (FIC) Act
  • Analyse alerts in order to determine whether a suspicious and unusual transaction report should be submitted to the FIC in terms of the Financial Intelligence Centre Act.
  • Report and escalate AML compliance risks and issues arising from businesses promptly and appropriately in accordance with Group and local legal and regulatory requirements
  • Inform management regarding AML compliance matters which may pose financial or reputational risks for the business
  • Respond promptly to information requests from the Regional MLRO, Country MLRO’s and Financial Crime Units
  • Provide appropriate information to management on a daily, weekly and monthly basis by collating appropriate, accurate and reliable MI to effectively manage compliance risks
  • S takeholder Management

  • Support the AML Manager by ensuring the effective coordination of information on a continuous basis
  • Build and maintain meaningful relationships with in-country Financial Crime teams (for example MLRO’s and HOC) with the aim of understanding their needs
  • Implement established escalation processes for significant issues and concerns raised so as to manage the culture of "no surprises"
  • Maintain professionalism in all verbal and written communication with stakeholders. The professionalism requirement also extends to personal appearance as well as adherence to acceptable business ethics
  • Discuss emerging or current issues with local and in-country teams and escalate or resolve these issues where possible
  • Education and Experience Required

  • Legal or Governance, Risk management, Investigations or Compliance qualifications
  • Minimum of 3 years’ experience, preferably in AML / Compliance / Investigations and a combination of banking
  • Knowledge & Skills

  • Specialist knowledge of AML Policies and procedures
  • Experience in AML or Forensic investigations
  • Advanced user of Microsoft Office, particularly Excel, Word, Outlook email, Internet. Good understanding of the banking products and services
  • Strong working knowledge of relevant operational areas which interface with this role
  • Experience of working in a multinational, multi-segment, environment with matrix reporting. Awareness of cultural differences and varying legal / regulatory environments
  • Innovative thinking
  • Relationship building
  • Communication skills
  • Competencies :
  • Leadership
  • Leadership
  • Planning and organizing
  • Quality orientated
  • Problem solving and analysis
  • Oral communication skills
  • Strategic insight
  • Interpersonal sensitivity
  • Action orientation
  • Self confidence
  • Relating and networking
  • Adapting and responding to change
  • If this opportunity is in line with your career interests and skills, we look forward to receiving your application. For further details, please contact Karen Schmoor Resourcing Consultant Functions.

    E-mail : karen.schmoor absa.co.za or call (011) 846-1765

    Essential / Basic Qualifications

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