AML Analyst: EDD at Capitec Bank

Purpose Statement

• To execute daily operational activities within the Enhanced Due Diligence function 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  1-2 year’s investigative experience within a financial / banking environment

• Experience with collating and analysing information and making decisions based on the information. 

Ideal:

• At least 1-2 years’ experience in Anti-Money Laundering

• FICA exposure within a financial/banking environment

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

• Bachelor's Degree in Commerce or Risk and Compliance

Knowledge

Minimum:

• Legislation regarding money laundering control and combating of terrorist financing

• Client due diligence and or an AML environment. 

• Basic regulatory knowledge

• Business and commercial awareness

• Know Your Customer (KYC) procedures 

• Customer set up on Bancs system

• Investigation methodology and techniques

Ideal:

• Client due diligence  and Enhanced due diligence on a customer

• Knowledge of Capitec Bank; products and services.

Skills

• Communications Skills

• Computer Literacy (MS Word, MS Excel, MS Outlook)

• Attention to Detail

• Researching skills

• Reporting Skills

Competencies

• Achieving Personal Work Goals and Objectives

• Working with People

• Delivering Results and Meeting Customer Expectations

• Analysing

Conditions of Employment

• Clear criminal and credit record