Analyst, Regulatory Instructions Execution I at Standard Bank Group

JOB PURPOSE
To receive, study, interpret, analyse, validate, understand, research, investigate, determine bank exposure and customer behaviour, and conduct forensic data searches, all culminating in the preparation and presentation of Reports and Information Packs to execute Legal and Regulatory Instructions.

KEY RESPONSIBILITES

• Provide expert advice and guidance to stakeholders and clients.
• Resolve queries regarding the analysis, information and reports.
• Execute product related activities in line with the agreed policies, procedures and service level agreements.
• Conduct in-depth analysis to ensure that the organisations' products and services adhere to all relevant legislation and regulations.
• Stay abreast of, identify and report / escalate on any new and emerging trends in the legislative and regulatory environment, any product issues or any risks.
• Participate in all relevant training for the requirements of the role, including legislative and regulatory amendments and any changes to the relevant functional framework, to ensure all analyses is aligned accordingly.
• Continuously maintain an understanding of policies, processes, procedures and systems and review said with the view to find better ways to execute tasks, improve systems, improve training material, improve MLS performance and to influence Group Standards.
• Maintain pro-active awareness of potential high-risk persons or entities through monitoring of open source information (e.g. press releases).
• Escalate all matters relating to high-risk customers and entities containing adverse information, complex and significant issues to line management for immediate action in order to avoid operational losses, fines, penalties or reputational damage to the organisation.

QUALIFICATIONS

• Transaction or Client Monitoring 3-4 years
• Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.
• Regulatory Engagement 3-4 years
• Experience in bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external.
• National Certificate - Internal Audit