Senior AML Analyst

Description

• The Senior AML Analyst will work as part of the AML Compliance team, assisting in the 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 CFT CPF programme and reporting of money laundering activities

Duties

• Design:
• Ensure that Bank Windhoek’s AML department level strategic objectives are translated into tactical delivery with key measurements in place to monitor progress
• Prepare first drafts for policy and standard setting and the compilation of the AML CFT CPF frameworks for Bank Windhoek
• Technology Delivery:
• Prepare first drafts of business cases and participate in inspect-and-adapt, show-and-tell, scoping and other similar workshops and system demos for project implementations
• Communicate to stakeholders and manage competing priorities from cross-functional stakeholders regarding product design
• AML System Health Checks:
• Monitor technology system used for AML CTF CPF compliance for efficiency and address health check reports issued by the Group Compliance function
• Draft first drafts of action plans for system health check findings / deficiencies identified and track to conclusion
• Operations:
• Attend to the Financial Intelligence Centre (FIC) queries/ requests for information and FIC & Industry meetings
• Keep abreast of, monitor and report on typologies issued by the FIC, ESAAMLG, FATF, Wolfsberg group, etc. and implement typology reports issued by Group Compliance
• Conduct controls self-assessment of regulatory compliance to the applicable Bank Windhoek AML CFT CPF policies, process manuals, standards and report on deficiencies thereon
• Conduct periodic ML/TF/PF Risk Assessments on all products and services of Bank Windhoek and subsidiaries
• Implementing of the AML/CFT/CPF Compliance Program:
• Improve, maintain and monitor changes to the related Bank Windhoek’s AML CTF CPF policies, standards and procedures
• Develop and implement innovative compliance techniques to comply with the local and foreign AML CTF CPF regulatory obligations
• Promptly notify the affected business units of amendments made to AML CTF CPF legislation and /or Circulars issued by the FIC
• Training:
• Develop and execute AML CTF CPF face-to-face/remote training for staff in various business units in Bank Windhoek in consultation with the learning and development department
• Drive completion of AML CFT CPF training in Bank Windhoek to conclusion

Requisites

• Experience/Knowledge & Skills:
• At least 6 years’ experience in Anti Money Laundering, Compliance, Legal, or Audit fields preferably in a banking environment
• At least 3 years in a management capacity
• A good knowledge and understanding of the AML CTF CPF legislation
• Good understanding of international trends in AML CTF CPF
• Ability to make, and advise on, high risk decisions with regards to AML CTF CPF situations
• A general knowledge of financial services and Banking will be an advantage
• Good computer literacy specifically Microsoft Office products
• Ability to communicate effectively, verbally and in writing, to clearly express logically reasoned ideas
• Excellent interpersonal skills, good judgement and discernment in high pressure situations
• Systemic problem solving and root cause analysis skills
• Excellent management skills
• Ability to analyze data
• Ability to make/take calculated decisions and to think forward and act accordingly
• Qualifications:
• Bachelor’s degree in Accounting/Commerce/Law/Audit or equivalent
• Post Graduate Diploma in Compliance Management / Risk Management or related field will be a distinct advantage
• Certification in a professional association such as the Association of Certified Anti Money Laundering Specialists (ACAMS) will be a distinct advantage
• Core Competencies:
• Deciding and Initiating Action
• Applying Expertise and Technology
• Analysing
• Learning & Researching
• Working with People
• Presenting and Communicating Information
• Planning and Organising

Notes

• Only shortlisted applicants will be contacted