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Date: 18 Jul 2025
Location: Stellenbosch, Western Cape, ZA
Company: Capitec Bank Ltd
Apply by: 20/07/2025
We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:
1. To see what life at Capitec is all about and complete a short assessment, !
2. Once you have completed the above finalize your application
Purpose Statement
- As the designated Money Laundering Control Officer for Capitec, responsible for establishing the AML compliance strategy and providing assurance to the Head of Compliance, Regulators, relevant committees and internal forums to ensure Capitec is compliant with all relevant AML/Fraud and overarching financial crime legislation, regulations and internal policies of the business in order to ultimately mitigate risk of financial crimes within Capitec.
Experience
- A minimum of 12 years’ experience leading all matters related to legislative and regulatory requirements within a similar industry, banking and/or finance experience is essential.
- At least 10 years’ proven experience in AML compliance in financial services, 7+yrs of which include management of a team of specialists within a similar environment.
- Experience of combining and applying deep subject matter expertise with influencing skills and capability to positively impact AML Compliance across and in a complex and fast moving environment.
Qualifications (Minimum)
- A relevant qualification in Commerce or Finance
Qualifications (Ideal or Preferred)
- Honours Degree in Commerce or Law
Knowledge
- Deep AML specialist, knowledge including knowledge of the South African Money Laundering and Terror Financing Legislation, the FATF Requirements and respective best practices.
- Compliance risk identification, compliance risk assessment and compliance risk monitoring.
- Process and controls development and systems in a compliance, money laundering and risk environment.
- AML/CFT/CPF Laws and regulations applicable to the banking/financial services environment, including AML/ CTF risks associated with foreign exchange and cross border instruments.
- Business acumen and an understanding of business drivers.
- Banking industry.
- Financial and banking regulations.
Skills
- Analytical Skills
- Communications Skills
- Computer Literacy (MS Word, MS Excel, MS Outlook)
- Interpersonal & Relationship management Skills
- Leadership Skills
- Planning, organising and coordination skills
- Problem solving skills
Conditions of Employment
- Clear criminal and credit record
Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.
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