Specialised Compliance Consultant-1 at Absa Group Limited (Absa)

Job Summary

• Performing core financial crime operational procedures for High Risk and PEP customers focusing on specific customer due diligence, Customer Screening, Onboarding, Ongoing Reviews and Customer Exits in compliance with the Anti-Money Laundering Customer Due Diligence Standard (CDD) and AML policies.

Job Description

Accountability:  Service Delivery

• Applying the Anti-Money Laundering Customer Due Diligence standard (CDD) together with the Anti-Money Laundering Life Cycle Standard (CLS), PEP Standard and all other policies in support of AML to daily operational procedures.
• Develop an in-depth knowledge and understanding of the AML CDD Standards and Financial Crime Operations Processes.
• Delivering a high standard of work by keeping up-to-date on financial crime regulatory related issues across a range of topics by awareness of current regulatory / process changes through attendance at training sessions and research.

Education and Experience Required

• Matric
• Minimum 12 months Experience working within AML compliance, High Risk and PEP Customer Due Diligence/Financial Crime processes
• B Comm (Assurance), LLB : Advantage

Knowledge & Skills: 

• Strong ABSA systems working knowledge
• Demonstrated experience/background in High Risk and PEP customer enhanced due diligence.
• Sound knowledge of the AML CDD and PEP standards and FICA regulatory requirements.
• Strong IT literacy with good knowledge of MS Office

Competencies & Personal skills:  

• Ability to communicate clearly and effectively in many mediums
• Deciding and initiating action
• Expand knowledge and explore new ways of doing things
• Motivated for problem solving
• Flexibility and responding to change
• Working under Pressure

Education

• Higher Diplomas: Law, Military Science and Security (Required)

End Date: June 19, 2025