Senior AML, CFT & Sanctions Analyst: Transaction Monitoring & Screening
Location: Head Office, Maseru
Reports to: Head: AML, CFT & Sanctions Analyst
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:
- Ensure that all suspicious transactions are reported within stipulated timelines to the FIU.
- Ensure documentary evidence of every transaction investigated or screened is retained in line with record keeping requirements
- Participate in AML, CFT and Sanctions projects and initiatives by delivering and implementing identified change management program
- Review the coverage of transaction monitoring across the bank’s products suite and channels
- Assess the quality of transaction monitoring and screening rules to limit false positives
- Provide oversight on transaction monitoring and screening to ensure adequacy and quality of investigations of the alerts.
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.
Preferred Qualifications
Post Graduate Diploma in Compliance Management, Post Graduate Diploma in Risk Management or related field
Experience
3-5 years relevant working experience in AML, Audit, Risk Management, Banking preferred
Competencies (Technical)
- Knowledge of Lesotho Laws and regulatory requirements impacting AML, CFT and Sanctions
- Knowledge of key economic concepts including economic indicators
- Knowledge of global standards of practice on AML, CFT and Sanctions, Banking and Payments
- Knowledge of key factors affecting business performance (PESTEL)
Competencies (Behavioral)
- Analytical
- Sound decision-making
- Empathy
- Emotional intelligence
- Innovative
- Coaching
- Negotiation
- Ethical and curious
Closing Date: 28 July 2023
Interested candidates should submit their Motivation Letter, together with their CVs & certified copies of certificates, and copy of Passport or ID to
NB: On subject line please reference “Senior AML, CFT & Sanctions Specialist Analyst: Transaction Monitoring and Screening”
Applications received after the closing date will not be considered. Only shortlisted candidates will be contacted.