Vacancy

AML Surveillance Analyst II (m/f)

Bank Windhoek

Bank Windhoek is recruiting a AML Surveillance Analyst II (m/f), to be based in Windhoek, Namibia.
Description
  • The AML Surveillance Analyst II will work as part of the AML Compliance team, assisting in effective implementation of Bank Windhoek’s AML/CFT/CPF framework, managing, and maintaining the organization’s obligations as it relates to the rolling out the AML/CTF/CPF programme and reporting of money laundering activities
Duties
  • Responsible for managing the AML Surveillance Analyst I
  • Provide data for use in drafting reports for the relevant governance committees
  • Monitor and provide specialist advisory services to Business Units in respect of AML/CFT/CPF Compliance
  • Develop and execute AML/CFT/CPF training face-to-face training for staff in various business units
  • Regularly attend industry meetings such as FIC meetings, BAN Compliance Subcommittee meetings, FIC workshops etc.
  • Attend to queries as required by the Financial Intelligence Centre (FIC) and Bank of Namibia (BoN) or relevant Law Enforcement Agencies (LEAs)
  • Conducting Bank Windhoek’s ML/TF/PF RISKS:
  • Conduct periodic ML/TF/PF risk assessment for Bank Windhoek ‘s new and existing products/services, applications, delivery channels and geographical locations
  • Regulatory Engagement:
  • Maintain a sound relationship with the FIC
  • Timeously attend to queries as required by the Financial Intelligence Centre (FIC) and Bank of Namibia (BoN) or relevant Law Enforcement Agencies (LEAs)
  • AML/CFT/CPF Reporting:
  • Perform validation of CTR/EFT/IFT XML reports before submission to the FIC, ensure timeous submission and monitor the statistics of reports
  • Timely submission of STR/SAR/AIF reports
  • Timely submission of the Quarterly Directive 01 of 2016 reports to the FIC.
  • Implementing of AML/CFT/CPF AML Compliance Program:
  • Improve, maintain and monitor changes to the related Bank Windhoek’s AML/CTF/CPF policies and procedures
  • Monitoring of client and transaction screening applications:
  • Monitor the alerts volumes in Siron AML analysis/Siron Embargo and Siron KYC applications
  • Periodically review alerts closed by AML analysts in the Siron AML analysis module
  • Competencies required:
  • Deciding and Initiating Action
  • Adhering to principles & values
  • Applying Expertise and Technology
  • Analyzing
  • Learning & Researching
  • Planning and Organising
  • Presenting and Communicating Information
Requisites
  • At least 3 years’ experience in Anti Money Laundering, Compliance, Legal, or audit fields preferably in a banking environment
  • At least 2 years in a management capacity
  • Certification in a professional association such as the Association of Certified Anti Money Laundering
  • Specialists (ACAMS) or Compliance Institute in South Africa (CISA) would be a distinct advantage
  • Qualifications Required:
  • Bachelor’s degree in Commerce/Law/Audit or equivalent
  • Degree/Diploma in Compliance Management/Risk Management or related field will be a distinct advantage
Notes
  • Only shortlisted applicants will be contacted

Details

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