Financial Crime Analyst

Description

• To assist in the Investigation of Fraudulent, Unusual and Suspicious Transactions which fall within the ambit of Financial Crime
• The Financial Crime Analyst should assist the Financial Crime Unit (comprising of Forensic Services and the AML, CFT, Sanctions Offices) to ensure the efficient identification, monitoring, analyzing and investigation of fraudulent and suspicious activities and transactions in the NNH Group and timeous reporting to the Financial Intelligence Centre (FIC) at Bank of Namibia and relevant stakeholders including law enforcement
• The Financial Crime Analyst should further assist the Financial Crime Unit with administration and effective communication with the FIC and other relevant stakeholders regarding fraudulent and suspicious activities and transactions

Duties

• Ensure the efficient and proper identification, monitoring, analyzing and proper investigation of fraudulent and suspicious activities and transactions relating to financial crime which poses a risk to the Bank
• Ensure timely, efficient reporting of fraudulent and suspicious transactions to the relevant parties in the Financial Crime Unit
• Obtain documentary proof of fraudulent and suspicious transactions and ensure effective record keeping of such transactions identified, investigated and reported to the relevant authorities in line with the requirements of applicable legislation and policies
• Ensure the timely execution of instructions received from Regulatory and Statutory authorities
• Assist the Financial Crime Unit in engaging with the FIC and relevant stakeholders to build and maintain mutually beneficial relationships and the investigation of fraudulent and suspicious transactions and activity
• Maintain a current understanding of financial issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends
• Add value to the NNH Group by Identifying and investigating systemic procedural weaknesses and the Bank’s level of compliance relating to the requirements of relevant legislation, frameworks and policies
• Prepare weekly, bi-weekly, monthly and quarterly reports

Requisites

• Essential Qualifications - NQF Level:
• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees
• Preferred Qualification:
• A Certificate in Money Laundering Control, preferably a B-Degree or Diploma in Criminal Justice and Forensic Auditing Services
• Essential Certifications:
• Institute of Commercial Forensic Practitioners (ICFP) and/or Association of Certified Fraud Examiners (ACFE), preferred not essential
• Minimum Experience Level:
• 2-3 years’ experience in the financial services industry or 2-3 years law enforcement
• Excellent knowledge of Excel, Word, PowerPoint and Outlook Office
• Professional certifications relating to Fraud and Money Laundering will be an added advantage
• Technical / Professional Knowledge:
• Banking procedures
• Fraud investigation methodology
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Technologies
• Business writing skills
• Cluster Specific Operational Knowledge
• Business Acumen
• Behavioural Competencies:
• Communication
• Continuous Learning
• Decision Making
• Building the Sales Organization
• Quality Orientation
• Technical/Professional Knowledge and Skills

Notes

• Only shortlisted applicants will be contacted
• Preference will be given to candidates from the underrepresented groups