ANALYST: AML SANCTIONS & SURVEILLANCE

About the position

ANALYST: AML, SANCTIONS & SURVEILLANCE

PURPOSE
The Analyst: Anti-Money Laundering, Sanctions and Surveillance role support the Manager: Anti-Money Laundering (also known as Anti-Money Laundering Officer {AMLO} to increase efficiencies in the AML area. This will entail the following:

• Assist in the undertaking of gap assessments as it relates to the FICA requirements for client on-boarding.
• Assist in enhancing the control environment by identifying gaps as it relates to money laundering and financial crime.
• Assist in the designing of AML processes and implementation to deter and detect money laundering and terrorist financing.
• Assist in implementing the elements of an AML/Sanctions programme, including a financial crime programme.
• Assist in the training of employees on the AML program. This includes CTR, STR, TPR and reporting anonymously without tipping - off the individuals concerned amongst other requirements.
• Maintaining and monitoring training statistics as it relates to AML.
• Assisting with designing of a risk-based programme which will include the following:
• Designing system controls.
• Analysing screening data and identifying potential red flags.
• Analysing AML transactional data.
• Keeping and maintaining version controls of all clients screened.
• Ensuring that the risk rating outcomes are monitored.
• Ensuring all processes and controls are mapped and documented to detect potential money laundering.
• Support the credit and other transactional process in ensuring sanctions screening are undertaken upfront.
• Assist the Manager AML with reports submitted to various committees.
• Support Manager AML with relationships with our stakeholder and assist in the preparation for various inspection, including preparation of material and gathering of information for the inspection.
• Participation in industry forums.
• Monitor industry trends

Desired Skills:

• AML
• Microsoft Office and Advanced Excel - Knowledge of enterprise risk management principles including financial crime
• Knowledge / Experience of compliance and AML systems / tools

Desired Work Experience:

• 5 to 10 years

Desired Qualification Level:

• Degree