Financial Crime

• Design, establish and maintain OM Bank’s AML/CFT programme
• Support the Chief Compliance Officer in determining AML/CFT strategic direction
• Serve as Section 42 Compliance Officer and AML Reporting Officer, subject to regulatory approval
• Develop and maintain AML/CFT strategy aligned with regulatory requirements and best practice
• Monitor emerging trends and the regulatory landscape, advising and engaging the business
• Uphold compliance standards and promote a strong culture of compliance and internal control
• Provide regulatory interpretation and financial crime compliance advice
• Maintain the financial crime regulatory universe and identify, assess, report and mitigate compliance risks
• Maintain the Business Risk Assessment and RMCP
• Establish and maintain financial crime policies and standards
• Develop and maintain a financial crime training programme
• Establish independent AML monitoring capability covering transaction monitoring, CDD/EDD and screening
• Implement data-driven reporting with KRIs and thresholds
• Provide specialist AML investigation support for high-risk customers and suspicious transactions
• Prepare, submit and track AML regulatory returns, surveys and information requests
• Proactively report breaches to regulatory and supervisory bodies
• Maintain relationships with the FIC and Prudential Authority
• Represent OM Bank at industry engagements
• Report actionable insights to management, ACC and the Board
• Build and manage AML team capability

Financial Crime jobs in South Africa

Head of Financial Crime – AML/CFT