Anti Money Laundering Administration Assistant at Al Baraka Bank South Africa

CORE PURPOSE OF THE JOB

• To assist the Anti- Money Laundering Officer with all administrative related tasks within the Compliance division.

MAIN FUNCTIONS OF THE JOB

• Administration
•  Conducts reconciliations and validations for submission of Cash Threshold Reports (CTRs)
•  Liaises with the branches for supporting information and/or documentation
•  Assists with Section 27, 32, 34 and 35 requests from the FIC
•  Assists with general queries as received by the bank
•  Assists the Anti- Money Laundering Officer and Anti- Money Laundering Supervisor with administration
•  Prepares pack for FICA EXCO and takes minutes
•  Attends to Data Capturing as and when required
•  Assists with administration related to Projects
•  Analyses alerts of transactional monitoring system (SAS AML) and conducts investigations of suspicious activities
•  Assists with secretarial duties as and when required
•  Conducts quality assurance as and when required
•  Assists in the preparation of memos to staff and communication to
•  Assists with AML Officer duties in the absence of the AML Officer and on Saturdays, as and when required
•  Assists with the preparation of training material and presentations as and when required
•  Attends to ad hoc administrative tasks
• Second in charge to Sanctions Officer / Anti- Money Laundering Officer
•  Conducts real time checks on new customers.
•  Conducts a bulk screen of existing customers.
•  Reports on STRs, CTRs, IFTRs, TPRs as and when required.
•  Monitors non-compliance of FICA through exception reports (when required), querying with branches and following up.
•  Assists the Branches with enquiries.

QUALIFICATIONS

•  Matric
•  Administration related qualification
•  A banking qualification is an advantage
•  An AML/CTF/ Sanctions qualification would be an advantage

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PREFERRED EXPERIENCE

•  A minimum of 2 to 3 years administrative and/or banking experience is preferred
•  Experience with AML/CTF/ Sanctions an advantage

KNOWLEDGE

•  Microsoft Office
•  Knowledge of the bank’s systems an advantage
•  Knowledge of bank’s policies and procedures
•  Knowledge of AML/CTF/ Sanctions would be an advantage