CB
Analyst: AML Investigations Business Bank_Pipeline
full-time•South Africa
About this role
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This advert is purposed at attracting talent for future dated opportunities.
We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:
1. To see what life at Capitec is all about and complete a short assessment, please click here!
2. Once you have completed the above finalize your application by clicking apply below.
Purpose Statement
- To execute daily operational activities within the Business Bank AML Operations environment, including enhanced due diligence, investigation of suspicious transactions, name and payment screening, reporting, and quality assurance, thereby implementing and administrating legal and statutory requirements for the Financial Intelligence Centre Act 38 of 2001 (“FICA”), Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of 2004 (“POCDATARA”), Prevention of Organised Crime Act 121 of 1998 and all related legislation, within Capitec Bank
Experience
Minimum:
- At least 2-3 year’s investigative experience within a business banking environment within an AML environment
- Experience with collating and analysing information and making decisions based on the information.
- Interpretation and application of regulatory requirements.
Ideal:
- FICA exposure within a business banking environment
- Experience in a financial or legal institution or investigative environment
Qualifications (Minimum)
- Grade 12 National Certificate / Vocational
Qualifications (Ideal or Preferred)
- Bachelor's Degree in Risk and Compliance
Knowledge
Minimum:
- Legislation regarding money laundering control, proliferation finance and combating of terrorist financing
- Understanding of money laundering means and mechanisms on a global scale
- Understanding of sanctions
- Client due diligence and AML environment.
- Understanding the Risk Management and Compliance Programme and the purpose it serves in AML
- Business acumen
- Know Your Customer (KYC), risk based approach
- Investigation methodology and techniques
- Use of excel and word
- Report writing and evidence gathering
- Business entity structures and related AML requirements
Ideal:
- Client due diligence and investigations on juristic and non-juristic clients.
- Knowledge of commercial banking products, services and channels.
- Knowledge of Trade-based money laundering
Skills
- Analytical Skills
- Attention to Detail
- Computer Literacy (MS Word, MS Excel, MS Outlook)
- Planning, organising and coordination skills
- Reporting Skills
Conditions of Employment
- Clear criminal and credit record
Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.
What you'll do
- The role involves executing daily operational activities within the Business Bank AML Operations environment, including enhanced due diligence and investigation of suspicious transactions. It also includes name and payment screening, reporting, and quality assurance to comply with legal and statutory requirements.
About Capitec Bank Ltd
Imagine simple, affordable banking solutions that work for you – just like it does for over 25 million South Africans. They’re banking smart, paying less and getting more value every day with us.
As the country’s leading digital bank, we’re proud to have been voted the Coolest Bank by the youth in the 2024 Sunday Times GenNext Awards.
With 880 branches and a team of over 16,900, we’re here to grow with you.
Ready to join Capitec Bank Ltd?
Take the next step in your career journey
Frequently Asked Questions
What does a Analyst: AML Investigations Business Bank_Pipeline do at Capitec Bank Ltd?
As a Analyst: AML Investigations Business Bank_Pipeline at Capitec Bank Ltd, you will: the role involves executing daily operational activities within the Business Bank AML Operations environment, including enhanced due diligence and investigation of suspicious transactions. It also includes name and payment screening, reporting, and quality assurance to comply with legal and statutory requirements..
Is the Analyst: AML Investigations Business Bank_Pipeline position at Capitec Bank Ltd remote?
The Analyst: AML Investigations Business Bank_Pipeline position at Capitec Bank Ltd is based in South Africa, South Africa. Contact the company through Clera for specific work arrangement details.
How do I apply for the Analyst: AML Investigations Business Bank_Pipeline position at Capitec Bank Ltd?
You can apply for the Analyst: AML Investigations Business Bank_Pipeline position at Capitec Bank Ltddirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.