Menu Close

Western Cape: AML Operations Specialist posted by The Hiring House

Western Cape: AML Operations Specialist posted by The Hiring House

Posted on 2025-05-19 00:00:00

Job Summary

Key responsibilities
– Perform enhanced client due diligence (ECDD) for all high-risk clients by ensuring that the client is compliant and conducting a thorough assessment of the ML/TF/PF risk associated with the client and prepare high quality ECDD reports with a suitable recommendation to management on whether to establish or continue a relationship or conclude a single transaction.
– Provide a specialist function to Accountable Institutions in respect of natural persons and legal entity onboarding, which includes the identification of UBOs (PCC59) and other relevant related parties in respect of South Africa and Guernsey products.
– Perform customer due diligence and risk assessment when onboarding a client (legal entities and natural persons) as well as throughout the life cycle of the client relationship (ongoing due diligence), in accordance with the RMCP, in respect of South Africa and Guernsey products (natural persons only).
– Perform sanctions, PEP and adverse media screening on all client and its related parties and take the appropriate action on positive matches and escalate in accordance with the requirements of the RMCP.
– Ensure that all clients and linked parties are registered for ongoing screening and manage daily alerts generated by the World Check system (or any other applicable system) in respect of sanctions, PEP and adverse media and take the appropriate action on positive matches and escalate in accordance with the requirements of the RMCP.
– Perform ID and address verification on clients and linked parties.
– Perform FATCA/CRS checks to ensure accuracy and completeness of data and correct classification of clients.
– Perform transaction analysis to identify suspicious or unusual transactions.
– Apply and adhere to the risk management and compliance program (RMCP) requirements.
– Maintain excellent knowledge of sanctions regimes, including but not limited to UNSC, EU, UK, OFAC, and TFS.
– Provide guidance to business stakeholders regarding RMCP requirements to ensure that clients are compliant at onboarding and throughout the client lifecycle.
– Apply risk assessment techniques to effectively identify and mitigate AML risks.
– Stay current on regulatory changes and best practices in AML compliance.
– Collaborate with internal teams to develop and implement AML policies and procedures.
– Participate in any remediation projects, to resolve any issues identified by the Head of AML Operations and/or through regulatory inspections and/or external reviews and/or legislative changes.
– Collaborate with internal clients to address queries.
– Ensure that agreed SLAs are met and raise any risks timeously with the Head of AML Operations.

Key relationships
– FICA/AML Compliance, Advisors, Business Unit Leaders (BULs), BU Team Leaders, BU Managers.

View Job  Johannesburg: Divisional Director– AGRI Operations posted by Pollock & Associates

Qualifications and experience
– Legal or commercial degree required.
– AML compliance certificate / ACAMS preferred
– 1 to 2 years’ experience in performing enhanced customer due diligence and report preparation
– 2 – 3 years’ customer onboarding and ongoing due diligence
experience
– In-depth knowledge of the AML legal framework in South Africa (FIC Act and related PCC’s, guidance notes, and directives), including ultimate beneficial ownership assessments in accordance with PCC59.
– A good understanding of FATF recommendations and international AML standards.
– A good understanding of Guernsey AML requirements is preferable

Skills
– Exceptional report-writing skills with the ability to communicate complex information clearly.
– Strong analytical and critical thinking abilities.
– Attention to detail
– Ability to identify ML/TF/PF risks and propose mitigating actions
– Proficiency in data analysis and presentation of findings.

Systems competency
Experience with:
– BPM onboarding systems
– Screening software
– Transaction monitoring algorithms
– MS Office suite
– Excel
– Word
– PowerPoint

Please call us on (***)***-**** for more information. 

NB: Should you not hear from us in 6weeks please consider your application unsuccessful.

Click Go Apply to apply online!


Get Similar Job Alerts
Enter your WhatsApp number (e.g., +27740908132)
You'll receive alerts for new jobs in Western Cape, Western Cape

Apply directly for this position. Please read all instructions carefully.

We do not process job applications; we simply aggregate and display job listings.

More related positions


Western Cape: Buyer – Urgently seeking posted by Cash Converters Montague Gardens

Busy cash converters retail store is looking for an energetic and bubbly person to run and maintain our busy buyshop department duties include but not...


View Job
Buyer – Urgently seeking

Western Cape: Bakery Assistant posted by Happy Earth People

Are you passionate about baking and looking for a hands-on role in a fast-paced environment? We are looking for a Bakery Assistant to join our team as we...


View Job
Bakery Assistant

Western Cape: Entry level sales person posted by Fashion Precision

We are looking for a dynamic Sales Representative who is a committed and hardworking individual.Our company is a wholesaler of fashion clothing and...


View Job
Entry level sales person

Western Cape: Junior Horticulturalist – Safecracker Properties – Start Date ASAP posted by Indigo Properties

Required to oversee a team for installing and maintaining gardens and installations in Cape Town and FranschoekPrerequisite Horticulture Qualification.

View Job  Pretoria: Real Estate Agents (Property) posted by AtripleA recruitment & temps

View Job
Junior Horticulturalist – Safecracker Properties – Start Date ASAP

Western Cape: Board Shop Controller posted by Home Concept

Do you have experience within the Kitchen and Built-in Cupboard Industry or similar? Are you skilled in leading a team, setting up, programming, and...


View Job
Board Shop Controller

Western Cape: Pharmacist Required posted by Kleinmond Pharmacy

Pharmacist required in Kleinmond for independent retail pharmacy with a clinic in the Western Cape. Essential to have a B.Pharm degree and PCDT...


View Job
Pharmacist Required

Western Cape: Sr. Engineer posted by Ayers Gulf Recruitment and visa agency

Minimum Requirements Applicable to All Roles Relevant degreediploma in the related engineering discipline 510 years experience in oil gas, petrochemical,...


View Job
Sr. Engineer

Western Cape: Executive Financial Planner posted by AUGUST INTEGRATED SERVICES

? Transform Your Financial Advisory Career! ?Ready to elevate your expertise while being fully supported in your professional growth? August Integrated...


View Job
Executive Financial Planner

South Africa: RB 15345 – Electrical Resident Engineer (Wind Farm) – Western Cape

Employer Description Our client is an electrical contractor. Job Description This is an 18-month contract, based in the Western Cape. Duties Oversee the...


View Job
RB 15345 – Electrical Resident Engineer (Wind Farm) – Western Cape

South Africa: MK 15342 – Environmental Officer (Windfarm) – Western Cape

Employer Description Our client is a contractor specializing in electrical engineering. Job Description Compile basic assessment reports and scoping reports...


View Job
MK 15342 – Environmental Officer (Windfarm) – Western Cape

Western Cape: Sales Representative – Urgent posted by Montana Recruitment

Sales Representative is Required by a Company in Western CapeExcellent communication skills both verbal and in written form. Experience in identifying and...


View Job
Sales Representative – Urgent

Western Cape: SHIFT GRAIN MILLER/PRODUCTION MNGR posted by PAR EXCELLANCE

WheatMaize Miller W-A or M-A Grain Fumigation5 years of milling experience post trade test. Managing all aspects of 8,5tonhr 31,25 tonhr flour mill....


View Job
SHIFT GRAIN MILLER/PRODUCTION MNGR

Western Cape: QUALITY/FOOD SAFETY/SHERQ/20 KEYS SYSTEMS OFFICER,,Western Cape posted by PAR EXCELLANCE

Mature Afrikaans English speaking, Gr 12NDBTechBScFood ScAgric ScND Quality AssuranceTQM SAMTRAC. Must have 7-10 years of exp in 20 Keys PPORF,ISO 45000,...


View Job
QUALITY/FOOD SAFETY/SHERQ/20 KEYS SYSTEMS OFFICER,,Western Cape

Western Cape: SHIFT WHEAT/HEAD MILLER posted by PAR EXCELLANCE

English-speaking Gr.12 Wheat Miller W-AMaize Miller M-AFumigation Comp.Lit 5 yrs Shift Wheat Miller Head Miller Production Mngrmeet QCcustomer servicesafety...


View Job
SHIFT WHEAT/HEAD MILLER

Western Cape: WHEAT GRADER/SILOMAN posted by PAR EXCELLANCE

MatricMathsAccND FoodChemProdMngt Wheat Grading Grain Fumigation OracleMS Office 3-10 years plancntl dep .budgetminimum stock, efficient running of silos,...


View Job
WHEAT GRADER/SILOMAN

Western Cape: Executive Housekeeper

Piekenierskloof Mountain Resort, or simply Piekies as were fondly known, remains a favourite low-key holiday haunt for multi-gen families and returning...

View Job  South Africa: Car Workshop Mechanic, Southern Suburbs of Cape Town

View Job
Executive Housekeeper

Western Cape: Groups and Incentives Tour Consultant posted by Executive Placings

Leading DMC is looking for an experienced GroupsIncentives Inbound Consultant to quote tour products.Experience required3 to 4 years experience handling...


View Job
Groups and Incentives Tour Consultant

Cape Town City Centre: Quality (Technical) Manager, Construction Industry, Durbanville, Western Cape

Applicants are required to meet the following criteria Grade 12 with relevant construction based qualification Technical knowledge of concrete and...


View Job
Quality (Technical) Manager, Construction Industry, Durbanville, Western Cape

South Africa: Agricultural Implement Sales Representative – Western Cape

Minimum requirements Grade 12 Qualification in Marketing will be an advantage 3 years of experience and a proven sales record of agricultural machinery or...


View Job
Agricultural Implement Sales Representative – Western Cape

Cape Town City Centre: Debtors / Payroll Clerk – Manufacturing – Western Cape

Minimum requirements for the role A minimum matric is essential for the role. Previous experience having worked in a debtors role is essential for the...


View Job
Debtors / Payroll Clerk – Manufacturing – Western Cape

Western Cape: EGG DONOR – #MAKE A DIFFERENCE#BECOME A HOPE-GIVER#JOIN US AS AN EGG DONOR posted by GiftOvLife

Are you a kind, healthy woman aged 19 to 32? Your generosity could give someone the greatest gift of all a family. What Is Egg Donation?Egg donation is a...


View Job
EGG DONOR – #MAKE A DIFFERENCE#BECOME A HOPE-GIVER#JOIN US AS AN EGG DONOR

Western Cape: Truck Diesel Mechanic

Minimum Requirements Must have at least 3 to 6 years experience as a Qualified Diesel Mechanic Must have relevant Trade Test qualifications merSETA ...


View Job
Truck Diesel Mechanic

Edgemead: NEW BUSINESS DEVELOPMENT SALES CONSULTANT (Road Freight) – Cape Town, Western Cape

NEW BUSINESS DEVELOPMENT SALES CONSULTANT Road Freight Cape Town, Western Cape R25 000 R35 000 CTC Salary Per Month which is Negotiable based on relevant...


View Job
NEW BUSINESS DEVELOPMENT SALES CONSULTANT (Road Freight) – Cape Town, Western Cape

Share this to someone who needs a job:
Posted in Jobs in South Africa, Jobs in Western Cape

More Jobs in Your Area