Junior Financial Crime Operations Consultant at Absa

Job Summary

• Support the Financial Crime Operations Desk to achieve optimal operations, business and reporting across the function. Assume responsibility for operational, reporting and administration matters to enhance and advance the
• functioning of Financial Crime Operations Desk.

Job Description

• Manage and attend to daily exceptions relating to the New to Bank, New to Product onboarding of customers to ensure that customers onboarded meet FICA requirements Manage and attend to daily exceptions relating to periodic refresh of customer information. Conduct due diligence on NTB/ NTB & periodic refresh via Third Party Sources (DHA/ XDS etc).  Liaise with customers to obtain FICA documentation. Follow up with customers to ensure that FICA documentation required is obtained prior to the relevant due dates. Review the authenticity of information and documentation received from customers to ensure compliance with internal AML policies and standards. Assist the business in managing eCASA alerts raised as part of the onboarding process, including managing the enhanced due diligence process for onboarding of Politically Exposed Persons (PEPs).  Meticulously conduct indexing of all customer information received to ensure efficient record keeping and closure of exception records. Daily conduct monitoring and tracking of exceptions before COB to ensure all exceptions for the day have been executed.  Escalate non-compliant client profiles to the relevant product managers and senior management. Execute relevant instructions on all customers in restrictive control.   Attend to all the mandatory internal training relating to AML/Financial Crime Control. Attend to all other tasks related to the role. Report to Team Leader/Line Manager.

Education

• National Diplomas and Advanced Certificates: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised