New Jobs at Capitec Bank

Main Purpose

• To lead a team within the Business Bank AML Operations function, managing Onboarding Name Screening, Enhanced Due Diligence or Ongoing Name Screening, Enhanced Due Diligence or Payment Screening, Suspicious Activity Investigations and statutory reporting of simple and complex corporate entities across industries, ensuring compliance with the Banks Risk and Compliance Management Programme and applicable legislated and regulatory AML requirements, thereby minimising risk to the bank.

As Team Leader AML Enhanced Due Diligence your primary responsibilities will include:

Team Management and Development

• Lead, mentor, and develop a high-performing sanctions screening team, fostering a culture of compliance and continuous improvement.
• Conduct regular training sessions to ensure team members are up-to-date on sanctions regulations and screening technologies.
• Set performance objectives and goals for the team 
• Oversee the teams performance in reaching those objectives and goals, coach and guide where required.

Policy and Procedure Development

• Develop, implement, and maintain sanctions screening policies and procedures to ensure compliance with local and international regulations.
• Regularly review and update the policies to reflect regulatory changes and enhance operational effectiveness.

Risk Assessment

• Collaborate with other departments to identify areas of potential sanctions risk and implement risk management measures.

Audit and Review

• Oversee internal quality assurance/audit of the sanctions screening process and ensure timely resolution of any identified issues or weaknesses.
• Implement corrective actions based on quality assurance/audit findings and regulatory feedback.

The ideal candidate will have:

• Bachelor’s degree in commerce or business administration or any related field
• 2- 3 years team management experience
• 5 years’ experience in complex financial crime / risk investigations
• Experience ideally in a finance/banking environment.
• Good understanding of FICA legislation and how to implement RMCP standards and requirements in the AML operational environment.

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About the role

• This role provides specialist expertise to drive proactive and effective risk identification, assessment, and management within Operations. You’ll play a pivotal role in developing and implementing operational risk policies, frameworks, and standards, ensuring a robust risk management approach at the process level. By establishing and executing comprehensive risk assessment practices, you’ll equip management with precise risk information, enabling informed decision-making on internal controls. Additionally, you’ll gather critical risk insights and prepare detailed reports for stakeholders on risk exposures, fostering transparency and accountability across the organisation.

Key Performance Areas:

Enable and Maintain Risk Processes and System Efficiencies

• Proactively monitor operational risk processes, identifying gaps and improvements.
• Continuously refine the user experience of risk systems and processes.
• Implement risk management processes across business units, aligned with industry best practices.

Develop and Uphold Risk Policies, Frameworks, and Standards

• Conduct research and benchmarking to ensure policies and standards meet regulatory and industry requirements.
• Manage and maintain the Risk Register platform, ensuring effective methodologies and controls.
• Support implementation of comprehensive risk control assessments and methodologies.

Promote Continuous Risk Culture Improvement

• Drive risk culture initiatives through training and risk awareness programs.
• Partner with internal stakeholders to embed operational risk practices across teams.
• Stay updated with regulatory changes and integrate them into Capitec's risk approach.

Reporting and Stakeholder Engagement

• Prepare detailed, accurate risk reports for governance bodies and regulatory requirements.
• Stand in for industry body representations as needed, collaborating with stakeholders across the bank.
• Actively engage with key committees to foster a unified approach to risk awareness and culture.

Experience

Minimum

• 5+ years in Risk Management, including 1+ year of specialized experience in Operational Risk.
• Strong experience in risk assessments, control self-assessments, and report writing.
• Knowledge of frameworks like ISO 31000, COSO, and Basel II/III, particularly in financial services.

Our ideal candidate has:

• 5+ years of experience in a Risk Management role
• 1+ year of specialized experience in Operational Risk
• Background in financial services or banking is an advantage

Qualifications (Minimum)

• Bachelor's Degree in Risk and Compliance or Economic and Management Sciences

Qualifications (Ideal or Preferred)

• Honours Degree in Risk and Compliance or Economic and Management Sciences

Knowledge

Minimum

• Risk and control knowledge
• Basic understanding of key business processes and functions and an understanding of key risks in these areas
• Risk management frameworks (ISO 31000 / COSO / BASEL II & III)
• Principles for sound management of operational risk
• Risk and Control Self-Assessments
• Report writing

Ideal

• Basic understanding of banking industry (SARB regulations and banking standards)
• Data and Analytics

Skills

• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Decision making skills
• Interpersonal & Relationship management Skills
• Problem solving skills

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About the role:

• As a Machine Learning Engineer at Capitec is pivotal in shaping and executing the bank's AI strategy. By collaborating with Data Scientists and Decision Scientists, you'll enhance their efficiency through the development, implementation, and support of platform improvements. Your contributions will be crucial in positioning Capitec to remain competitive in a rapidly evolving landscape where AI technologies are key strategic differentiators.
• This role leverages your deep understanding of machine learning models, from concept to deployment, and expertise in modern software development best practices, big data processing frameworks, and cloud environments whilst sitting in the risk division of the business. You’ll also be working extensively with Python, SQL, and advanced debugging techniques to ensure the delivery of scalable, robust, and production-ready predictive models

Our ideal candidate has:

• 3+ years of experience in any engineering role
• Honors degree or higher in any field
• Python and SQL experience
• PySpark
• Big data frameworks – Hadoop/Kafka
• Github experience or Git

Ideal:

• AWS experience

Competencies:

• Simplify and make it easy
• Earn and extend trust
• Plan, deliver and raise the bar
• Curious and continuously learns
• Act, learn and adapt
• Inspire optimism and persistence
• Have courage, disagree and commit

Education

• Completed an Honors Degree or higher

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Purpose Statement

• To deliver the AI strategy to ensure Capitec can compete in a changing landscape where data science is a key future-oriented strategic differentiator.
• To design and implement predictive models or intelligent algorithms to better understand the drivers of business performance and enable improved management decision-making. 

Education (Minimum)

• Honours Degree in Data Science

Education (Ideal or Preferred)

• Masters Degree in Data Science or Statistics

Knowledge and Experience

Experience

Minimum:
NB. Length of experience required is conditional on the qualifications obtained 

• Master’s degree or equivalent in a quantitative discipline or STEM field e.g., Mathematics, Statistics, Engineering, Computer Science with focus on Machine Learning plus 3yrs relevant years’ experience.

Or 

• Honours Degree or equivalent and relevant technical qualifications, plus 5yrs relevant experience.
• Experience in data science, machine learning and deployment of developed solutions
• Business analysis and requirements gathering
• Reproducible coding experience 
• Working with relational and non-relational databases
• Experience in at least one ML language
• Working in cloud environments 

Ideal:

• Working with multiple teams to deliver predictive models into a production environment
   

Knowledge

Minimum:

• Deep understanding of one or more state of the art principles and techniques in at least one discipline of data science, e.g., NLP, Deep Learning etc. and can teach to others 
• Underlying theory and application of machine learning models; able to understand underlying principles and theory and be able to teach others. 
• Best practices for data science such as reusability, reproducibility, continuous monitoring, etc 

Ideal:

• Familiarity with modern deep learning frameworks (Tensorflow, PyTorch, MXNet, etc) 
• Ethical AI design principle
• Capitec Data Science lifecycle 
• Capitec Data Product Life Cycle

Skills

• Analytical Skills
• Attention to Detail
• Communications Skills
• Problem solving skills
• Planning, organising and coordination skills
• Decision making skills
• Interpersonal & Relationship management Skills

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Purpose Statement

• To support the vision and strategy and enhance the capability of the organisation through the development and implementation of business process architecture solutions and requirements.

Primary Focus:

• To provide business process architecture and requirements for Capitec business units;
• To support new revenue growth initiatives; and
• To drive continuous improvement post-implementation of projects through business unit operationalisation, in order to track achievement of business benefits to deliver on strategic/business objectives.

Secondary Focus:

• To translate business needs emanating from projects, new ideas or system changes into business requirements for developing/buying IT systems; and 
• To develop change management plans, project plans, and designing of policies/procedures/performance measures.

Qualifications (Minimum)

• A relevant tertiary qualification in Engineering - General or Information Technology
• Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

• A relevant post-graduate qualification in Engineering - General

Experience

Minimum:

• Complex analytical Business Design, Development, Improvement and/or Product Design.
• Business improvement experience
• Experience in Six Sigma / Lean methodologies and Theory of Constraints (TOC)
• Planning and Logistics / Supply Chain Management background
• Experience building models
• Comfortable with data crunching

Ideal:

• 10 years' complex analytical Business Design, Development, Improvement and/or Product Design.
• Translating corporate strategies and objectives into initiatives and/or projects
• Initiation and implementation of projects with the goal to improve performance through business process improvements
• Initiation and implementation of revenue growth initiatives
• Initiation and implementation of continuous improvement capability
• Agile way of working

Knowledge

Minimum:

• Lean way of work principles
• Business Change Life Cycle and change management principles 
• System Development Life Cycle
• Project Management Lifecycle and methodologies
• Supply Chain methodologies
• Agile way of working practices   
• Quality Management 
• Risk and Issue Management 
• BABOK, SOA, TOGAF, and ARCHIMATE
• Developing a business case
• Client experience / client journey mapping
• Process frameworks (Strategy, Planning, HR, Finance, Marketing, Sales, Assets, Procurement, and Production)
• Process Simulation Modelling
• Financial Modelling
• Management Operating System best practices
• Incident management and workflow methodologies
• Legal frameworks
• Commercial model development
• Operating model development
• Business architecture development
• Product development framework
• Transformational management principles
• Financial/Banking transactional processes
• Comfortable with data and analytics

Skills

• Communications Skills
• Strategic Thinking Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Interpersonal & Relationship management Skills
• Presentation Skills
• Facilitation Skills
• Business Process Modelling skills (IDEF-0, Financial Modelling, Enterprise Architect, BPMN, etc.)
• Planning, organising and coordination skills
• Commercial Thinking Skills

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Purpose Statement

• To examine and check all requests for Foreign Exchange Payments for correctness and conformity to Exchange Control Regulations and rulings.

Experience

Minimum:

• 3-4 yrs Foreign Exchange experience with exposure to Exchange Control Rulings 
• Client service standards and practices
• Exchange Control rulings, foreign exchange, Foreign Exchange settlements, SWIFT standards, cut-off times,

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

• A relevant tertiary qualification

Knowledge

Minimum:

• Knowledge of payment documentation such as, Invoices, transport documentation and customs documentation. 
• Understand accounting and reconciliation concepts (understand entries and be able to do account reconciliations.
• The SARB Import Verification System (IVS) system and understand the requirements in respect of Unique Consignment Reference (UCR) and Movement Reference number (MRN) references.
• Understanding of Balance of payments to establish appropriate BoP categories

Ideal:

• Knowledge of Capitec AML, FIC and suspicious transaction monitoring and reporting policies. 
• Relevant knowledge of International Foreign Exchange, payment and clearing systems,
• Knowledge of operational risk concepts and principles

Skills

• Analytical Skills
• Attention to Detail
• Communications Skills
• Interpersonal & Relationship management Skills
• Administration Skills

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Purpose Statement

• To lead a decision science team, prioritising and overseeing analysis to translate active business data into usable strategic information which informs the business regarding critical and measurable credit and risk indicators.
• To ensure the delivery within the area of responsibility aligns with the objectives, plans, processes and standards of Decision Science 

Experience

Minimum:

• Over 6 years’ experience in an analytical science role, at least 3 of which in a leadership or management role requiring validating work
• Extracting and aggregating data from large relational databases
• Data mining and predictive modelling
• Stakeholder relationship engagement and management
• Responsibility for delivery in a fast moving environment
• Programming (SAS, SQL, R, Python)

Qualifications (Minimum)

• Honours Degree in Mathematics or Statistics

Qualifications (Ideal or Preferred)

• Masters Degree in Mathematics or Statistics

Knowledge

Minimum:

• Advanced analytics
• People management practices and principles
• Business acumen to identify the impact technical issues may have on design and delivery of solutions. 
• Analytics
• Predictive modelling and machine learning
• Project management methodologies
• IT implementation cycle
• Credit cycle
• Technical understanding and knowledge 
• Interpretation of user requirements and translation into business requirements specifications
• Retail credit environment / industry

Ideal:

• Capitec Bank experience
• Retail credit environment / industry

Skills

• Analytical Skills
• Communications Skills
• Decision making skills
• Interpersonal & Relationship management Skills
• Planning, organising and coordination skills

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Purpose Statement

• To lead the Merchant Services Operations team and coordinate risk mitigation and services provided to the merchant network through applying and enforcing specialist vetting and legislative rules.
• Based in Johannesburg Office

Experience

Minimum:

• 2-3 yrs. experience of a leadership or management role in a leadership, people management role within an operations and/or risk mitigation environment
• Experience in a role which required delegation, quality assurance and validating work 

Ideal:

• 5 yrs in a banking or risk mitigation role 

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational
• A relevant tertiary qualification in Banking

Qualifications (Ideal or Preferred)

• A relevant tertiary qualification in Business Management

Knowledge

Minimum:

• Sound knowledge of the risk mitigation environment including relevant legislation and regulations
• Understanding of the impact of credit bureau scores 
• Principles of customer service
• Acquiring knowledge (merchant processes etc.) and the merchant environment
• Customer Relationship Management 
• Stakeholder relationship engagement and management
• Responsibility for delivery in a fast moving environment
• People management practices
• Business acumen

Ideal:

• Capitec Bank products, systems and processes relevant to Merchant Services Operations, including multiple systems and processes.

Skills

• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Interpersonal & Relationship management Skills
• Planning, organising and coordination skills
• Attention to Detail