AML Surveillance Analyst II (m/f)

Description

• The AML Surveillance Analyst II will work as part of the AML Compliance team, assisting in effective implementation of Bank Windhoek’s AML/CFT/CPF framework, managing, and maintaining the organization’s obligations as it relates to the rolling out the AML/CTF/CPF programme and reporting of money laundering activities

Duties

• Responsible for managing the AML Surveillance Analyst I
• Provide data for use in drafting reports for the relevant governance committees
• Monitor and provide specialist advisory services to Business Units in respect of AML/CFT/CPF Compliance
• Develop and execute AML/CFT/CPF training face-to-face training for staff in various business units
• Regularly attend industry meetings such as FIC meetings, BAN Compliance Subcommittee meetings, FIC workshops etc.
• Attend to queries as required by the Financial Intelligence Centre (FIC) and Bank of Namibia (BoN) or relevant Law Enforcement Agencies (LEAs)
• Conducting Bank Windhoek’s ML/TF/PF RISKS:
• Conduct periodic ML/TF/PF risk assessment for Bank Windhoek ‘s new and existing products/services, applications, delivery channels and geographical locations
• Regulatory Engagement:
• Maintain a sound relationship with the FIC
• Timeously attend to queries as required by the Financial Intelligence Centre (FIC) and Bank of Namibia (BoN) or relevant Law Enforcement Agencies (LEAs)
• AML/CFT/CPF Reporting:
• Perform validation of CTR/EFT/IFT XML reports before submission to the FIC, ensure timeous submission and monitor the statistics of reports
• Timely submission of STR/SAR/AIF reports
• Timely submission of the Quarterly Directive 01 of 2016 reports to the FIC.
• Implementing of AML/CFT/CPF AML Compliance Program:
• Improve, maintain and monitor changes to the related Bank Windhoek’s AML/CTF/CPF policies and procedures
• Monitoring of client and transaction screening applications:
• Monitor the alerts volumes in Siron AML analysis/Siron Embargo and Siron KYC applications
• Periodically review alerts closed by AML analysts in the Siron AML analysis module
• Competencies required:
• Deciding and Initiating Action
• Adhering to principles & values
• Applying Expertise and Technology
• Analyzing
• Learning & Researching
• Planning and Organising
• Presenting and Communicating Information

Requisites

• At least 3 years’ experience in Anti Money Laundering, Compliance, Legal, or audit fields preferably in a banking environment
• At least 2 years in a management capacity
• Certification in a professional association such as the Association of Certified Anti Money Laundering
• Specialists (ACAMS) or Compliance Institute in South Africa (CISA) would be a distinct advantage
• Qualifications Required:
• Bachelor’s degree in Commerce/Law/Audit or equivalent
• Degree/Diploma in Compliance Management/Risk Management or related field will be a distinct advantage

Notes

• Only shortlisted applicants will be contacted