Officer, Branch Compliance at Standard Bank Group

Key Responsibilities

• Ensuring compliance with the relevant Anti-Money Laundering and Combating the Financing of Terrorist (AML/CFT) legislations governing related activities.
• Monitoring customer transactions to determine whether they align with the customers’ profiles, and probing further where inconsistencies are identified.
• Review and escalation of Suspicious Transaction Reports through the Team Lead, AML/CFT, Compliance Manager, and ultimately to the Chief Compliance Officer.
• Providing advisory support to branches on Know Your Customer (KYC) issues and enquiries to ensure optimal risk management.
• Conducting monitoring exercises on compliance issues in branches, including proactive engagement with responsible parties on their level of compliance with annual declarations for Personal Account Trading (PAT) and Outside Business Interest (OBI).

Qualifications

First Degree

Experience Required

3–4 years' experience in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area as well as a solid understanding of banking products and activities.

In-depth knowledge and understanding of applicable regulations as well as internal compliance-related policies and procedures. Ability to take the understanding of business needs and operations and translate it into risk management solutions.

Additional Information

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Convincing People
• Developing Strategies
• Embracing Change
• Empowering Individuals
• Exploring Possibilities
• Interacting with People
• Interpreting Data
• Making Decisions
• Providing Insights
• Upholding Standards

Technical Competencies:

• Evaluation of Internal Controls
• Financial Acumen
• Financial Industry Regulatory Framework
• Legal Compliance
• Process Governance
• Risk Awareness