See more Collapse

Investigator: Money Laundering

1 month ago

Johannesburg, Gauteng, Saudi Arabia Nedbank Full time

Job Responsibilities

  • Highlight relevant risks pertaining to potential money laundering activities.
  • Liaise with stakeholders to fully understand expectations and/or requirements to provide feedback to management and stakeholders on progress and to ensure expectations are met.
  • Interact with stakeholders within Group Forensic Services GFS to build and maintain mutually beneficial relationships to ensure alignment of regulatory requirements and to ensure further action taken on matters referred.
  • Provide objective input to stakeholders on, and create awareness of, unusual and/or suspicious activities and actions to be implemented, to mitigate risk, maintain collaborative relationships and meet expectations and needs of clients.
  • Respond to requests for guidance on unusual and/or suspicious activities from stakeholders.
  • Provide information to stakeholders on unusual and/or suspicious activities.
  • Manage billable hours allocated. Investigate alleged unusual and/or suspicious transactions.
  • Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
  • Stay abreast of developments in field of expertise, ensuring personal and professional growth.
  • Understand and embrace the Nedbank vision and values, leading by example.
  • Add value to Nedbank by identifying and recommending opportunities to enhance processes, systems and policies.
  • Maintain knowledge management, and improve team success by sharing knowledge with team to ensure information is provided correctly to stakeholders.
  • Use and access various resources to conduct investigations and report unusual and/or suspicious activities. Substantiate referral of unusual and/or suspicious activities.
  • Analyse information by following quality standards and methodology, compile report containing findings of unusual and/or suspicious transactions, and submit reports of these transactions to the Financial Intelligence Centre FIC to meet regulatory requirements.
  • Record details of unusual and/or suspicious transactions.
  • Identify operational and risk related issues. Update management information on relevant system MIS so that information regarding fraudulent trends can be reported to Enterprise Risk Committees ERCOs and Money Laundering Executive Steering Committees MLCP for implementation of preventative and corrective action.

People Specification

Essential Qualifications - NQF Level

  • Diploma

Preferred Qualification

  • Bachelor of Arts: Law , Certificate: Money Laundering Control

Essential Certifications

  • Institute of Commercial Forensic Practitioners ICFP, Association of Certified Anti-Money Laundering Specialists ACAMS, Association of Certified Fraud Examiners ACFE - preferred, not essential

Preferred Certifications

Minimum Experience Level

  • 5 years experience in banking and/or financial institution

We have other current jobs related to this field that you can find below

  • Financial Crime Compliance Officer

    2 weeks ago

    Johannesburg, Gauteng, Saudi Arabia Discovery Limited Full time

    Job PurposeThe Bank has a responsibility to comply with all Financial Crime legislation as set out by the different regulatory bodies specifically drafted for Banks. It is the Bank's duty to always maintain compliance with the above legislation across people, processes and systems to ensure we combat Money Laundering and the Financing of Terrorism. Based on...

  • Financial Crime Compliance Officer

    1 month ago

    Johannesburg, Gauteng, Saudi Arabia Discovery Limited Full time

    Job PurposeThe Bank has a responsibility to comply with all Financial Crime legislation as set out by the different regulatory bodies specifically drafted for Banks. It is the Bank's duty to always maintain compliance with the above legislation across people, processes and systems to ensure we combat Money Laundering and the Financing of Terrorism. Based on...

  • Specialist, Financial Crime Compliance Office, CIB, BCB

    1 month ago

    Johannesburg, Gauteng, Saudi Arabia Standard Bank Group Full time

    Job DescriptionTo, within CIB Corporate Operations Shared Services referred to as the Business Area, implement GFCC Policies, Standards and Procedures. To implement the GFCC Business Area Strategy. To provide specialist GFCC related guidance and advice. To identify and address GFCC specific awareness and training needs. This is essential to assure that the...

  • Administrator - Private Equity Fund Administration

    1 week ago

    Johannesburg, Gauteng, Saudi Arabia Apex Group Full time

    DescriptionThis is an exciting opportunity for an Administrator, to provide administration and Company Secretarial services to a client portfolio under the direction of an Assistant Manager supported by a Senior Administrator, ensuring all relevant statutory obligations are met. The role is client facing, with the Administrator required to act as a key point...

  • Administrator - Private Equity Fund Administration

    1 week ago

    Johannesburg, Saudi Arabia Apex Group Full time

    DescriptionThis is an exciting opportunity for an Administrator, to provide administration and Company Secretarial services to a client portfolio under the direction of an Assistant Manager supported by a Senior Administrator, ensuring all relevant statutory obligations are met. The role is client facing, with the Administrator required to act...