AML, CFT, CPF & Sanctions Research Analyst
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
9 days ago
Vacancies:
1 Vacancy
Job Summary
Requisition Details & Talent Acquisition Consultant
REQ 142779 Thembi Mtshali
Location: Johnnesburg
Closing Date: 11 November
Job Family
Risk Audit and Compliance
Career Stream
Regulatory Compliance
Leadership Pipeline
Manage Self: Professional (MSP)
FAIS Affected
Job Purpose
To research analyse and interpret trends best practice and regulatory risk requirements and develop and disseminate information guidelines processes and research papers associated with money laundering (ML); terrorist financing (TF) proliferation financing (PF) and sanctions risk management; to ensure local and international regulatory standards across Nedbank Group are met.
Job Responsibilities
- Conduct research to provide input and assist in updates to policies principles methodologies procedures processes and training and issue guidance to ensure the mitigation of risks associated with ML TF PF and sanctions.
- Conduct research on trends best practice and regulatory risk requirements associated with ML TF PF and sanctions.
- Identify ML TF PF and sanctions risk related issues through research and make recommendations to mitigate the risk improve processes and ensure regulatory compliance.
- Identify amended and/or new legislation guidance and best practice through subscriptions research and stakeholder engagements to analyse and determine impact on Nedbank and advise relevant stakeholders including subsidiaries for updates to policies principles methodologies procedures processes and training to be affected.
- Research competitor policies and procedures to position Nedbank competitively and benchmark against the industry.
- Identify sanctions related information to ensure awareness is created with stakeholders and updates are affected to the applicable policies principles methodologies processes procedures and training.
- Identify opportunities to improve business understanding enhance knowledge and mitigate risks.
- Determine scope of research requested by stakeholders.
- Develop research papers and/or guidelines and processes.
- Prepare and share information research papers and/or guidelines.
- Ensure necessary awareness communication and dissemination of information and/or guidelines take place.
- Liaise with stakeholders to fully understand expectations and/or requirements and deliver feedback to management and stakeholders on progress.
- Identify relevant stakeholders for the dissemination of research findings information and guidelines to achieve required impact.
- Maintain relationships with relevant stakeholders to obtain applicable content and/or trends to be included in policies principles methodologies procedures and training.
Job Responsibilities Continue
- Liaise with stakeholders to clarify discrepancies and provide input and feedback based on research findings to ensure risks are mitigated.
- Interact with stakeholders to build and maintain mutually beneficial relationships aligning regulatory requirements and considering international standards.
- Maintain relationships with relevant stakeholders to obtain the applicable advice to inform the research scope and guidance provided prior to distribution.
- Improve personal and professional capability and stay abreast of development in field of expertise by identifying training opportunities.
Essential Qualifications - NQF Level
- Relevent Degree
Preferred Certifications
- ACAMS; Money Laundering certificate (UJ) - preferred
Minimum Experience Level
- 3 - 6 years Anti-Money Laundering Experience
- 2- 4 years experience in Risk Management research methodology
Technical / Professional Knowledge
- Industry Trends
- Business Acumen
- Research Methodology
- Stakeholder Management
- Governance Risk and Controls
- Relevant regulatory knowledge
- Compliance Reporting
- Reputational Risk Management
- Risk management process and frameworks
Behavioural Competencies
- Decision Making
- Influencing
- Earning Trust
- Managing Work
- Continuous Learning
- Communication
- Technical/Professional Knowledge and Skills
Please contact the Nedbank Recruiting Team at
Required Experience:
IC
Key Skills
- Spss
- Data Collection
- R
- Stata
- Research Experience
- Statistical Software
- Data Mining
- Calculus
- Market Research
- Operations Research
- SAS
- Data Analysis Skills
About Company
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