AML Officer (m/f)

Duties

• Responsible for the Compliance with FIA & AML as well as all applicable business regulatory frameworks and group policies
• Ensuring the implementation of the business Risk Matrix
• Performing of quality assurance in order to ensure compliance and alignment to the Risk Management and Compliance Programme (RMCP)
• Responsible for the managing of the AML related risks
• Executing the responsibilities of the business AML Officer as stipulated in the respective Standard Operating Procedures (SOPs) and the Internal Operating Procedures (IOP)
• Ensure customer experience decision making process at on-boarding of clients as well as proactive risk management of existing clients
• Maintaining of daily checks of the bank for Cash Transaction Reporting
• Maintaining and keeping records of reports that alert Suspicious Transactions
• Reviewing and updating of the IOP for the Business
• Reviewing and updating of the SOPs and ensuring that they are linked to the IOP of the business
• Preparing and facilitating the signing of the business High Risk Clients list and subsequent client due diligence are done
• Assist with the internal & external Audit/compliance requests
• Assist with the regulatory on-site & off-site inspection requests
• Responsible for the completing & signing-off the Enhanced Due Diligence forms/reports once all KYC has been acquired in the capacity as the Business AML Officer
• Attending to and reviewing of new & existing business clients queries
• Responsible for acquiring of the business clients KYC information and documents
• Ensuring that the business systems are set up in such a way to deter fraud and money laundering activities
• Facilitating of system training to colleagues and ensure business has access to reports for reporting purposes
• Conducting of AML/FIA related trainings to new & existing staff
• Ensuring that beneficial owners and client lists are maintained and submitted for weekly/monthly screening
• Ensuring that the Monthly AML Risk & Compliance Review Meetings are scheduled and relevant meeting packs are distributed in a timely manner
• Ensuring that the Monthly AML Risk & Compliance Review Meetings minutes are recorded and that they are shared in a timely manner
• Perform any other AML related functions emanating from new regulatory requirements;
• Performing of ad-hoc reporting to Management
• Perform Ad-hoc/Monthly/Quarterly FIA/AML related, Risks & Compliance, and Operations related reporting to the rest of the Management
• Effective communication with internal and external stakeholders
• Provide support to the Business Administration & Operations, Investment, Business Development and the Sales & Distribution Team
• Collaborate effectively to achieve personal and business wide results and
• Performing of Ad-hoc Activities as instructed by Management

Requisites

• Namibian Citizenship
• Bachelor’s Degree in Investment, Economics, Finance, Commerce, Risks & Compliance Management, Project Management or Business Administration/Management is preferred
• 4 - 6 years Investment/Unit Trust, Banking, Finance, Compliance, Risks & Project Management experience
• Sound business knowledge, compliance & regulatory experience is advantageous
• Computer literate
• Strong Project Management experience
• Advanced Microsoft Excel skills
• Advanced Microsoft PowerPoint skills
• Excellent numerical ability
• Strong problem-solving and excellent time management skills
• Excellent communication skills, both written & verbal
• Excellent Report writing skills
• Detail-oriented
• Ability to work under pressure while maintaining high service levels
• Ability to work independently
• Strong team player

Notes

• Only shortlisted applicants will be contacted