Sandton: AML Onboarding Team Lead – Law Firm, Sandton posted by Confidential

AML Onboarding Team Lead Main purpose of the role: • Generally, to assist the Firm with discharging its obligations under the Financial Intelligence Centre Act (FIC Act), as well as other applicable laws. • To ensure that onboarding activities are conducted in line with the Firm’s RMCP, the FIC Act and corresponding guidance notes and PCCs. • To oversee the day-to-day operations of the onboarding team and support the implementation of onboarding initiatives and projects across the Firm. • To provide guidance, technical support and oversight to onboarding officers and act as a point of escalation for complex onboarding matters. Qualifications and Experience: • LLB Degree with at least 3 – 5 years’ experience in an AML / FICA compliance environment or in any compliance risk management environment; or • A BCOM, BCOM Law degree or Risk Qualification with at least 3 – 5 years’ experience in an AML / FICA compliance environment or in any compliance risk management environment; or • Candidates who do not have the abovementioned qualifications but who possess the relevant skills and experience listed below may also be considered, if they have 3 – 5 years’ relevant experience; and • Prior team coordination, supervisory or senior analyst experience will be advantageous. Additional qualifications are advantageous: • Anti-money laundering certificates or ACAMS qualification. • Post-Graduate Diploma in Compliance or Certificate in Compliance. • Risk management certificate. Critical skills, experience and duties: • Supervise and coordinate the onboarding team’s daily activities, ensuring that onboarding processes and reviews are completed in line with regulatory requirements and internal policies. • Conduct quality assurance reviews and provide second-level oversight in respect of onboarding requirements for new clients and client reviews, ensuring that supporting documentation and administrative processes are completed accurately. • Demonstrate an in-depth understanding of CDD, EDD, ODD and beneficial ownership requirements, including the remediation of client population where deficiencies are identified. • Interpret and apply laws, regulations, guidance notes and PCCs issued by the Financial Intelligence Centre. • Utilise AML onboarding systems to review and assess sanctions, PEP and adverse media alerts, and distinguish between false positives and actual matches. • Identify and assess onboarding-related risks and escalate complex or high-risk matters to management where necessary. • Monitor the effectiveness of existing onboarding controls and assist with the remediation of identified deficiencies. • Assist with the development, maintenance and / or enhancement of onboarding process documentation. • Support the development and delivery of onboarding training and guidance to team members, including participation in internal training initiatives. • Assist in maintaining onboarding risk registers and provide input for periodic reports or updates to the Risk and Compliance Committee. • Support the implementation of AML onboarding initiatives and system enhancements, including participation in user acceptance testing (UAT) and process improvements. • Conduct research on emerging AML risks and regulatory developments to ensure the onboarding team remains aligned with regulatory expectations. • Manage a portfolio of onboarding matters while ensuring service delivery standards and turnaround times are met; and • Attend to ad hoc duties as assigned from time to time. Personal attributes • Good presentation and communication skills. • Strong attention to detail. • Good time management and problem-solving skills. • Analytical mindset with the ability to identify issues and recommend practical solutions. • Ability to work under pressure and meet regulatory deadlines. • Ability to work independently while also supporting team performance; and • Ability to mentor and guide team members and effectively transfer knowledge and skills. If I feel you are a good fit, I will reach out for an interview. Please have your matric and university transcripts available.