Job Description

Are you someone who can:

• Manages timeous and accurate completion of the KYC renewal process due diligence questionnaires.
• Partners with all key stakeholders across the value chain to obtain and submit all necessary supporting evidence to fulfil KYC due diligence requirements.
• Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution.
• Establish and maintain key relationships with relevant stakeholders and departments across the Group, that support achieving reporting obligations.
• Ensure compliance to legislative and audit requirements, as well as adherence to relevant processes.
• Track and manage non-compliance findings to finality.
• Actively participate in the execution and implementation of relevant enablement projects, initiatives, and remedial activities.
• Drive and adhere to quality reporting to meet stakeholders' requirements.
• Facilitate timeous engagements with correspondent banks to manage reviews and validation of regulatory including group/company information.
• Stays up to date of any changes to processes and procedures, regulatory change and ensure impacts are communicated to our business partners.
• Identifies and executes process improvements, provide guidance and support on key processes and technology initiatives. Recommend and positively influence changes to ensure compliance and optimisation of organisational processes.
• Collate and consolidate reporting stats and other governance reports required for reporting of monthly key risk indicators for submission to Operational Risk.
• Collate and update key Client Desirability inputs for quarterly SARB submission.
• Ensure reputational risks related to reporting and/or customer are identified, and appropriate measures are implemented to mitigate risks.
• Maintain a repository of regulatory responses provided.
• Ensure timeous annual and/or adhoc update of 3rd party databases i.e., Bankers Almanac and KYC Swift Registry
• Ensure licensing and regulatory compliance is in place i.e., US Patriot Act and Wolfsberg Questionnaire.
• Assist with Due Diligence compliance calls and presentations.
• Facilitate the process of ensuring post transactional enquiries are addressed and the process for investigations of blocked payments in respect of Correspondent Banking transactions.
• Deliver targeted training on Correspondent Banking operational processes emanating from regulatory / policy changes that relate to Correspondent Banking.
• Ensure oversight and governance of all outgoing due diligence questionnaires.
• Maintaining a MI dashboard of all questionnaires received and submitted

You will be an ideal candidate if you:

• Have completed a Bachelor’s Degree in Finance or a Commerce, Risk or Compliance Management with a ACAMS certification
• Have 3 to 5 years’ experience in financial services in an environment that handled correspondent banking is essential.
• Have 3 to 5 years’ experience in Financial Crime, KYC/Compliance/AML standards
• Have resilient interpersonal skills, ability to partner with internal stakeholders, influencing and negotiating effectively with business partners and senior managers, including external stakeholders.
• Proactive and flexible approach to personal workload and wider team targets
• An understanding of Banking Products, Processes, Systems and Data
• Effective at managing time appropriately and organising workload for maximum productivity.
• Self-starter with strong written and verbal communication skills.

You will have access to:

• Opportunities to collaborate and create innovative solutions for our clients
• Work in a dynamic team and get hone your Investment Banking knowledge and skills

We can be a match if you are:

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it

Are you interested to take the step? We look forward to engaging with you further. Apply now!

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.