Fixed Term Contract - Financial Crime Analyst at Discovery Limited

Job Purpose

• The Financial Crime Analyst will conduct Anti-Money laundering (AML) and Counter Financing of Terrorism (CFT) activities on behalf of the Discovery Bank, providing assurance to senior management that the requirements of our external financial regulators are being complied to. In addition, providing assurance that our business is conducted in accordance with the Discovery Bank Financial Crime Compliance policies, procedures and processes.

Areas of responsibility may include but not limited to

• Must have detailed knowledge and experience working with Refinitiv World Check for investigations.
• Must have detailed knowledge and experience working with NICE Actimize modules namely RCM, WLF, CDD and SAM.
• Must have detailed knowledge and experience working with Firco Soft Accuity Real-Time Payments screening solution. Must be able to read FUF.
• Must have detailed knowledge and experience on analysing payments in real-time from a sanctions screening perspective, efficiently and effectively.
• Conduct sanctions, PEP, financial crime reviews and investigation management of potential new and existing bank clients to ensure any relevant risks are identified and mitigated.
• Assist with on-going monitoring of clients, investigating transactional behaviour from automated and semi-automated screening tools.
• Must be technically strong and have the ability to learn the Banks core banking system.
• Ensure tasks allocated are accurately completed on a timely basis and meet professional business writing requirements.
• React timeously to all requests from external parties (regulators, external auditors, etc.) and provide accurate and complete information in relation to these requests.
• Conducts in-depth reviews and investigations on suspicious transaction activity occurring within the bank.
• Ability to work across different functional teams.
• Ability to learn and apply Financial Crime Compliance processes.
• A team player who has the ability to work well in a fast paced, motivated team.
• Must have cross functional experience across all mentioned systems and solutions to ensure integration into the team.

Skills

• Have an ability to take responsibility of investigations completed with SLA’s.
• Take initiative, act with confidence and efficiency.
• Have an understanding of the core principles of an effective Compliance function.
• Have an ability to analyse, interpret and client transactional behaviour.
• Be proficient in MS Excel, Word, case management tools

Qualifications

• University Degree - Legal or Commerce preferred
• Certificate in ACAMS preferable

Work Experience

• Minimum 3 to 5 years’ cross functional experience working in Customer Due Diligence, Sanctions, AML/CFT, Suspicious Activity Monitoring, and Real-time Payments screening team.
• 3 to 5 years working experience and understanding on NICE Actimize modules such as RCM, WLF, CDD and SAM.
• Performing alert investigations, case management, assisting in decision making on investigations.
• 3 year working experience on Firco Soft Accuity Real-Time Payment Sanctions Screening solution.
• Have knowledge of the legislative and regulatory environment and reporting requirements imposed by South African Regulators (SARB and FIC) specifically in relation to FICA and other applicable legislation.