Analyst, Financial Crime Compliance at Standard Bank Group

3 Years
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Company Details
Industry: Banking
Description: Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of over 150 years, we have an on-the-ground presence in 20 countries in sub‑Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC). In line with the realities of risk, regulation, technology and competition that characterise our operating context, we continue to invest significantly in our diversified operations; our people and culture; our systems and infrastructure; and our brand. In doing so, we understand that our commercial success and social relevance over the long term depends on placing our clients at the centre of everything we do, and ensures that the outcomes of our activities are a catalyst for growth on this continent we call home. The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (negative), Moody’s Baa2 (negative) and Standard & Poor’s BBB- (negative). The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 32.9% of Standard Bank’s shareholder base is foreign. We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness.
Job Description

Job Description

  • To conduct in-depth investigations on flagged accounts and transactions to determine if they indicate potential financial crimes, related to money laundering, terrorist financing, bribery, corruption, other predicate offences or other suspicious activity. Conduct surveillance and analysis based on system alerts, manual triggers, and staff escalations. Prepare risk notes and reports for review by senior analysts/managers to ensure compliance and minimize operational, regulatory, and reputational risks.

Qualifications

  • Type of Qualification: First Degree
  • Field of Study: Finance, law, information technology or any other related field.
  • Certifications: ICA , SQL, ACAMS will be beneficial.

Experience Required

  • 3-4 years
  • Experience in bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external
  • Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time

Key Skills

finance  AccountingAuditing 
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