Consultant, Enhanced Due Diligence

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To conduct Due Diligence (DD) reviews for new and existing business in accordance with the Group's AML policies and standards including Enhanced Due Diligence (EDD) reviews for high-risk clients. To review alerts generated automatically and conduct negative media screening for customers who pose reputational risk.   

Qualifications

Minimum Qualifications

• Diploma or Degree in Risk Management

Experience Required

5-7 years

Experience in: AML Compliance, Reputational Risk management. Exposure to fiduciary services products, processes and systems
 

Additional Information

Key Outputs:

• Ensure that all applicable AML policies and procedures are adhered to.
• Keep abreast of changes in AML Requirements for Jersey and Mauritius, and advise the business
• Ensure that there is 100% adherence to process and work Instructions for the processing of all  negative media alerts and validating KYC information for new business, the Primary Client and Related Parties.Sign off CDD reviews for trigger event updates.
• Conduct transactional analysis for primary client, related parties, world check verification and conduct adverse media checks on the primary client and the related parties.Prepare the packs that need to be presented  to senior management relating to Politically Exposed Persons and Regularly Monitored Entities on a monthly basis.
• Load Suspicious Activity Reports and/or Suspicious Transaction Reports if required, check source of funds and intended activity on accounts versus expectations,

Technical Competencies:

• Analysing and Interpreting Information
• Compliance
• Data Compliance
• Data Quality
• Information Security
• Risk Measurement

• The ability to interpret regulations, laws and business requirements that apply to data and to provide information to business on how to comply.

• The ability to implement operational techniques and activities that are used to fulfil requirements for data quality including: improvement, control, management or assurance of data quality