Purpose Statement

• To manage the Anti Money Laundering (AML) Enhanced Due Diligence (EDD) and Customer Screening (CS) functions, performing high risk customer detection and remediation through customer screening and enhanced due diligence in accordance with Capitec’s risk based approach, thereby identifying and remediating risks as well as complying with legislated and regulatory AML requirements.

Experience

Minimum:

• 5+ years’ AML related experience within a financial / banking environment where judgement, decision making and assessment in respect of AML has been part of the role.

Ideal:

• Specific EDD investigative experience 
• 1 years’ experience or more in investigations in AML, forensics or fraud
• Experience of leading a team to deliver results and achieve targets or SLAs

Qualifications (Minimum)

• Bachelor’s Degree in Commerce or Business Administration
• Grade 12 National Certificate / Vocational

Qualifications (Ideal or Preferred)

• Honours Degree in Commerce or Business Administration

Knowledge

Minimum:

• Comprehensive knowledge of regulations pertaining to anti-money laundering and combating of terrorist financing
• Customer screening procedures
• Money laundering and terrorist financing typologies
• Practical regulatory and compliance landscape
• Business and commercial awareness
• Enhanced Due Diligence procedures 
• People management principles
• Knowledge of and ability to prevent or report money laundering and sanctions-related activities in banking and financial services industry

Ideal:
Knowledge of the Capitec Bank environment

• Basic principles of budgeting
• Leadership practices
• Investigatory techniques

Skills

• Interpersonal & Relationship management Skills
• Influencing Skills
• Management skills
• Problem solving skills
• Decision making skills