Party Due Diligence Consultant - 12 Months Fixed Term Contract at Sanlam Group

Job Purpose

• The primary purpose of the Party Due Diligence (PDD) consultant is to assist the Anti-Money Laundering team in developing the capability to address party due diligence in a manner that will enable the business to meet the requirements of AML/CFT standards, and other regulatory requirements that expressly or implicitly require such due diligence during the course of the business relationship.

Key Outcomes

The following outcomes will be expected to be achieved by the PDD consultant:

• Conduct screening and investigations using systems such as Siron and ORMS;
• Conduct manual screening via Online Questionnaire (ad hoc requests);
• Conduct an analysis on all medium risk transaction, record the analysis and close the alert;
• Conduct CDD checks on existing clients and ensure compliance with AML regulations;
• Investigate source of funds for clients;
• Escalate any alerts where either a final determination cannot yet be made or where any other escalation criteria are met;
• Clearing of Identity Match queue, including backlog;
• Analyse and release annual baseline screening clients;
• Performs adhoc and other related duties as assigned;
• Investigate Section 27 requests from SLS AML Office
• Liase with stakeholders to ensure all necessary requirements/documents are on recor 

Qualifications and Experience

• Relevant Tertiary qualification preferred 
• 2 – 3 years Financial Services experience  
• Exposure to a governance environment to your advantage 
• Computer literacy (MS Office and MS Excel intermediate level)

Competencies 

• Client focus
• Cultivates innovation
• Collaborates
• Being resilient
• Drive results
• Attention to detail & diligent information gatherer 
• Managing workload & ability to thrive under pressure 

Attributes

• Positive enthusiastic attitude
• Teamwork 
• Can-do attitude
• Performance driven
• Ability to work independently in a high paced environment
• Team player who contributes to growing and preserving team culture