Senior Specialist: AML/CFT Compliance - Menlyn at Assupol

Duties & Responsibilities:

Contribute to the efficient and effective functioning of Compliance Function

• Assist in ensuring that Assupol Group of companies is in compliance with applicable law, industry and regulatory body requirements with specific reference to AML/CFT legislation and FIC requirements.
• Assist in managing AML/CFT projects as they become necessary.
  • Have ability to conduct and/or manage Anti-Money Laundering assignments, including ability to conduct compliance reviews and identify areas for improvement / non-compliance with relevant legislation.
  • Advise business on Anti-Money Laundering Solutions and provide technical input into Anti-Money Laundering solutions.
  • Assist business with verification of new and existing clients to ensure compliance with AML/CFT legislation.
• Developing Thought Leadership in AML and related themes.
• Draft or review the accountable institution’s FICA RMCP on a regular basis as and when it becomes necessary to do so.
• Promote prevention of legal and regulatory risk in the company (TCF).
• Maintain efficient and effective operations in Compliance.
• Validate that policies and procedures with regards to AML/CFT Compliance are being adhered to. (TCF)
• Conduct regulatory Training
• Assist with any compliance projects as may be required from time to time.
• Monitor the regulatory platforms and changes to legislations:
• Provide an impact Assessment
• Identify business impact
• Conduct workshops and unpack the impact thereto
• Get business comments where needed and respond to the regulator.
• Responsible for regulatory reporting
• Provide business with advise where needed.

Attend to regulatory and client complaints (TCF)

• Assist with investigation of regulatory and client’s complaints (FIC cases)

Responsible for Compliance Monitoring and Reporting

• Monitor AML/CFT compliance risk, policies and procedures at Head Office and branches of Assupol Group.
• Complete monitoring reports where required.
• Provide overall compliance assistance, guidance and advice to Assupol Group of Companies.
• Contribute to the development of compliance risk management plans.
• Contribute to the completion of compliance reporting (internal and regulatory).

Provide Training and Awareness on Compliance Matters

• Create awareness in Assupol Group of Companies with AML/CFT law requirements (TCF)
• Train business departments on AML/CFT as well as other regulations as they become necessary
• Inform employees about relevant compliance matters.
• Develop, educate and enabling healthy and business orientated compliance culture

Requirements

Formal Education

• LLB or B-tech (Auditing)
• Bachelor’s degree or equivalent
• Compliance Certificate (Advantage)

Experience

• General compliance/risk experience in a compliance role of three to five years required
• 2-3 years’ specific AML.CFT compliance monitoring experience.
• CISA membership compulsory