AML, CFT & Sanctions Specialist
Location: Head Office, Maseru
Reports to: Senior AML, CFT & Sanctions Specialist
Purpose of the Job
To manage, analyze and monitor regulatory and international best practice risk indicators and systems associated with money laundering, terrorist financing, proliferation financing and sanctions and its controls, to ensure risks to Nedbank Lesotho are mitigated. Assess and monitor threats to the bank’s business from internal and external sources and implement remedial actions in line with regulatory and bank’s requirements.Collaborate with key internal and external stakeholders to enhance controls to prevent opportunities for financial crime related to ML, TF, PF and Sanctions.
Outputs Required:
- Conduct AML, CFT and Sanctions risk assessments and ensure that assessments are kept up to date in line with internal and regulatory requirements.
- Conduct continuous validation of the accuracy, completeness and timeliness of the reporting data and MIS for internal, group and regulatory reporting.
- Ensure that the bank’s internal rules including policies, frameworks, methodologies and processes for AML, CFT and Sanctions are complied with.
- Ensure an oversight of risk indicators (suspicious transactions reporting and by collating data reviewing reports submitted by stakeholders to governance forums and structures to ensure that compliance requirements are adhered to and corrective action taken.
- Conduct ongoing monitoring in line with CRMPs to ascertain compliance with regulatory and internal requirements
Qualifications and Experience
Required Qualifications
Bachelor’s Degree – Bachelor of Economics, Bachelor of Laws, Bachelor’s Degree in Risk Management, Bachelor’s Degree in Statistics, Bachelor’s Degree in Business Management, or other related fields, or other related fields.
Preferred Qualifications
Post Graduate Diploma in Compliance Management, Post Graduate Diploma in Risk Management or related field
Experience
1-3 years relevant working experience in AML, Audit, Risk Management, Banking preferred
Competencies (Technical)
- Proficiency in Microsoft office suite including Excel, PowerPoint, and Word
- Proficiency in Data analysis
- Proficiency in Project Management
- Report writing skills
- Knowledge of Lesotho Laws and regulatory requirements impacting AML, CFT and Sanctions
Competencies (Behavioral)
- Analytical
- Sound decision-making
- Empathy
- Emotional intelligence
- Innovative
- Coaching
- Negotiation
- Ethical and curious
Closing Date: 9 June 2023
Interested candidates should submit their Motivation Letter, together with their CVs & certified copies of certificates, and copy of Passport or ID to [email protected]
NB: On subject line please reference “ AML, CFT & Sanctions Specialist: Monitoring and Assurance” Applications recieved after the closing date will not be considered. Only shortlisted candidates will be contacted.