ANTI MONEY LAUNDERING & COMPLIANCE OFFICER

Closing Date: 
Friday, September 23, 2016
Location of the Job: 
Windhoek
 
Role profile
 To protect the company against any money laundering activities by implementing and facilitating the administration of Financial Intelligence and overseeing general legal compliance.
 
Minimum Qualification 
  • LLB/ BCom Law or equivalent qualification with at least 3 years’ experience in the banking sector or financial services sector.
 
Key responsibilities include, but are not limited to:
  • Develop, implement and maintain processes for KYC (Know Your Client) practices, suspicious transaction and terrorist & proliferation activity monitoring and reporting.
  • Analyze operations on customer accounts according to requirements of the Act to identify possible money laundering.
  • Gather information on all suspicious transactions and submit them to Financial Intelligence Centre.
  • Supporting of business units and branch management in achieving compliance with all the requirements of the Money Laundering Control and Legislation.
  • Assess all incidents for reporting for accuracy of information provided, and quality assurance prior to reporting to the Financial Intelligence Centre and / or other            investigating authorities.   
  • Ensuring liaison with internal auditor, external auditors, Bank of Namibia, the Financial Intelligence Centre and other investigating authorities as appropriate.
  • Prepare reports on the progress and status of money laundering control and general regulatory compliance for the Company.
  • Provide appropriate information to update internal and external websites with the latest legal requirements (as applicable) concerning money laundering control and   combating of terrorist and proliferation activities.
  • Develop and facilitate group wide training of staff and implement modular training material for new staff to ensure compliance to the relevant AML and other primary legislation.  
  • Provide compliance and legal support to Business Units
 
Experience should include:
  • Minimum 3 years working experience in the Banking or Financial Sector
  • Knowledge in Money Laundering and/or general Compliance will be an added advantage
  • Able to work independently, handle tight deadlines and work under pressure.
  • Advanced knowledge of Microsoft Word & Excel.  
 
Apply: 
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