Requisition Details & Talent Acquisition Contact
REQ 102914 - Gabi Sibiya
Group Financial Crime and Forensics
To manage, provide advice and input into research, analysis, interpretation, development and maintenance of AML, CFT and sanctions strategic requirements based on regulatory requirements and informed by best practice and manage the delivery of regulatory risk awareness and associated with money laundering, terrorist financing and sanctions risk management to ensure strategic local and international regulatory standards across the Nedbank Group are met.
Provide advice to stakeholders on Counter Terrorist Financing and sanctions (AML, CFT and Sanctions) strategic risk management requirements by engaging formally and informally to ensure understanding and compliance regulatory requirements and alignment with best practice in terms of risk management.
Ensure identification of likelihood and probability of being imposed with a regulatory risk penalty, criminal liability and / or administrative sanction, through managing the assessment, management of regulatory risk requirements and implementation.
Provide input into the delivery of strategic solutions, including projects, systems and initiatives through interpretation and application of best practice and regulatory risk requirements to ensure effective delivery of strategic requirements.
Interact with stakeholders, through formal and informal engagements to build and maintain collaborative relationships and to ensure alignment of regulatory requirements as set by South African Reserve Bank (SARB) and Financial Intelligence Centre (FIC).
Manage engagement of, and interact with stakeholders to provide clarification, advice, guidance and assistance related to strategic requirements to ensure mitigation of risks associated with money laundering, terrorist financing and sanctions.
Engage with joint venture partners through formal interaction to ensure alignment and compliance to Nedbank strategic risk management requirements related to money laundering, terrorist financing and sanctions.
Identify development opportunities and career progression for self through input and feedback from management to improve personal capability and to stay abreast of developments in field of expertise.
Share knowledge of identified risks in respect of best practice and regulatory risk requirements with stakeholders during formal and informal interaction so that relevant upskilling takes place and effective handover and delegation to relevant responsible person for actioning.
Participate in Nedbank Culture building initiatives (eg Surveys etc.) and encourage team participation thereby contributing to a culture conducive to the achievement of transformation goals.
Identify opportunities to improve or enhance business processes and methodologies by implementing and recommending improvement initiatives and effective ways to operate and add value to Nedbank.
Manage and provide input into the identification, assessment and management of risk through development and maintenance of risk assessments.
Providing input into Business As Usual policies, principles and processes to ensure alignment with best practice and regulatory risk requirements.
Develop strategic principles and processes to ensure sustainable strategic compliance. Assess and review internal controls and documentation for quality assurance and ensure corrective action is taken where required.
Ensure distribution and creation of awareness of strategic internal controls, information and documentation through monitoring and follow-up to ensure awareness is created.
Manage and facilitate understanding of implementation and interpretation of strategic risk requirements through actionable internal controls and documentation to mitigate risks.
Ensure the analysis and accurate identification of risks and gaps through review of relevant information to mitigate risks associated with money laundering, terrorist financing and sanctions.
Utilise resources effectively and efficiently by delegating deliverables according to specialised skills-set to ensure work completed to correct standard and expectations.
Minimum Experience Level
4+ years in Risk Management and / or AML / CTF and Sanctions (Compliance Management)
Essential Qualifications - NQF Level
Matric / Grade 12 / National Senior Certificate
Advanced Diplomas / National 1st Degrees
BA Law and / or Bcomm
Associated Certified Anti-Money Laundering Specialist (ACAMS) or Anti-Money Laundering certification
Type of Exposure
Interacting with various levels of management
Monitoring adherence and compliance
Influencing stakeholders to obtain buy-in for concepts and ideas
Sharing information in different ways to increase stakeholders understanding
Presenting to senior leaders
Interacting with diverse people
Identifying business risks
Building and maintaining effective relationships with internal and external stakeholders
Communicating complex written information
Communicating complex information orally
Checking performance data to measure employee performance
Conducting performance appraisal interviews
Conducting performance feedback meetings
Coaching and mentoring others
Developing others / Managing a team of people
Interacting with regulatory, supervisory and industry bodies
Interacting with joint venture partners
Identifying and interpreting regulatory risk trends
Technical / Professional Knowledge
Business writing skills
Relevant regulatory knowledge
Governance, Risk and Controls
Principles of project management
Reputational risk management
Risk management process and frameworks
High-involvement team member
Internal Consultant / Technical Expert
Customer Engagement Manager
Please contact the Nedbank Recruiting Team at +27 860 555 566