Responsibilities:
- Responsible for the Compliance with FIA & AML as well as all applicable business regulatory frameworks and group policies;
- Ensuring the implementation of the business Risk Matrix;
- Performing of quality assurance in order to ensure compliance and alignment to the Risk Management and Compliance Programme (RMCP);
- Responsible for the managing of the AML related risks;
- Executing the responsibilities of the business AML Officer as stipulated in the respective Standard Operating Procedures (SOPs) and the Internal Operating Procedures (IOP);
- Ensure customer experience decision making process at on-boarding of clients as well as proactive risk management of existing clients;
- Maintaining of daily checks of the bank for Cash Transaction Reporting;
- Maintaining and keeping records of reports that alert Suspicious Transactions;
- Reviewing and updating of the IOP for the Business;
- Reviewing and updating of the SOPs and ensuring that they are linked to the IOP of the business;
- Preparing and facilitating the signing of the business High Risk Clients list and subsequent client due diligence are done;
- Assist with the internal & external Audit/compliance requests;
- Assist with the regulatory on-site & off-site inspection requests;
- Responsible for the completing & signing-off the Enhanced Due Diligence forms/reports once all KYC has been acquired in the capacity as the Business AML Officer;
- Attending to and reviewing of new & existing business clients queries;
- Responsible for acquiring of the business clients KYC information and documents;
- Ensuring that the business systems are set up in such a way to deter fraud and money laundering activities;
- Facilitating of system training to colleagues and ensure business has access to reports for reporting purposes;
- Conducting of AML/FIA related trainings to new & existing staff;
- Ensuring that beneficial owners and client lists are maintained and submitted for weekly/monthly screening;
- Ensuring that the Monthly AML Risk & Compliance Review Meetings are scheduled and relevant meeting packs are distributed in a timely manner;
- Ensuring that the Monthly AML Risk & Compliance Review Meetings minutes are recorded and that they are shared in a timely manner;
- Perform any other AML related functions emanating from new regulatory requirements;
- Performing of ad-hoc reporting to Management;
- Perform Ad-hoc/Monthly/Quarterly FIA/AML related, Risks & Compliance, and Operations related reporting to the rest of the Management;
- Effective communication with internal and external stakeholders;
- Provide support to the Business Administration & Operations, Investment, Business Development and the Sales & Distribution Team;
- Collaborate effectively to achieve personal and business wide results and
- Performing of Ad-hoc Activities as instructed by Management.
Experience and Qualifications:
- Namibian Citizenship;.
- Bachelor’s Degree in Investment, Economics, Finance, Commerce, Risks & Compliance Management, Project Management or Business Administration/Management is preferred
- 4 – 6 years Investment/Unit Trust, Banking, Finance, Compliance, Risks & Project Management experience
- Sound business knowledge, compliance & regulatory experience is advantageous
- Computer literate
- Strong Project Management experience
- Advanced Microsoft Excel skills
- Advanced Microsoft PowerPoint skills
- Excellent numerical ability
- Strong problem-solving and excellent time management skills
- Excellent communication skills, both written & verbal
- Excellent Report writing skills
- Detail-oriented
- Ability to work under pressure while maintaining high service levels
- Ability to work independently
- Strong team player
Closing Date: 14 December 2022
The company ONLY accept applications vis their career portal. Interested candidates can apply via the link below:
