Analyst: AML Operations

Apply By:We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below: To see what life at Capitec is all about and complete a short assessment, please click here! Once you have completed the above finalize your application by clicking apply belowPurpose Statement To execute and analyse daily operational activities within the Retail AML Operations environment , including Enhanced Due Diligence on high risk clients, Investigation of suspicious transactions, sanctions and PEP screening, and reporting. To implement and administrate legal and statutory requirements for the Financial Intelligence Centre Act 38 of 2001 (“FICA”), Protection of Constitutional Democracy Against Terrorist and Related Activities Act 33 of 2004 (“POCDATARA”), Prevention of Organised Crime Act 121 of 1998 and all related legislation, within Capitec Bank. ExperienceMinimum:At least 1-2 year’s investigative experience within a financial / banking environment within an AML environmentAt least 1 year Experience with collating and analysing information and making decisions based on the information.Ideal:2+ years’ experience in a Financial Crime Operations Environment (AML, Forensics, Fraud) FICA exposure within a financial/banking environmentQualifications (Minimum)Grade 12 National Certificate / Vocational Qualifications (Ideal Or Preferred)Bachelor's Degree in Commerce or Risk and Compliance KnowledgeMinimum:Legislation regarding money laundering control and combating of terrorist financingClient due diligence and or an AML environment.Basic regulatory knowledgeBusiness and commercial awarenessKnow Your Customer (KYC) proceduresCustomer set up on Bancs systemInvestigation methodology and techniquesIdeal:Client due diligence and Enhanced due diligence on a customerKnowledge of Capitec Bank; products and services.SkillsComputer Literacy (MS Word, MS Excel, MS Outlook) Attention to Detail Analytical Skills Researching skills Reporting Skills Conditions of EmploymentClear criminal and credit record Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.