Job Description

To analyse and monitor regulatory, reputational and financial risk indicators associated with money laundering; terrorist financing and sanctions to ensure risks to Nedbank Group are mitigated.Job ResponsibilitiesEnsure compliance to regulatory requirements, improved business results and good client service by identifying and rating the level of risk associated with clients through analysing and monitoring risk indicators and advising stakeholders accordingly.Monitor and track risk indicators that give rise to highlighting client trigger reviews.Manage work allocation to Enhanced Due Diligence Managers.Advise on risk rating of adverse media on an ad hoc basis.Draft risk analysis reports for sign off by Enhanced Due Diligence Managers.Manage relevent risk and onboarding system alerts.Manage required governance to be kept on client files and risk rating systems.Build and maintain collaborative relationships and ensure smooth flow of work and alignment of internal requirements based on legislation as set by South African Reserve Bank (SARB) and Financial Intelligence Centre (FIC) by interacting with onboarding, business and AML departments.Obtain buy-in for implementation of proposed continuous improvement changes and initiatives by engaging with onboarding, business and AML departments.3 years’ experience in analysing and monitoring risk indicators in Anti-Money Laundering (AML), Counter Terrorist Financing, Sanctions Compliance in a banking environment or similar.