Regulatory Risk Analyst Customer Acceptance


FNB Namibia is recruiting a Regulatory Risk Analyst Customer Acceptance, to be based in Windhoek, Namibia.
  • To ensure total FNB Namibia Group compliance with the Financial Intelligence Act , POCA, PACOTAPA and all related legislation including but not limited to managing the FNB Namibia Group Customer Acceptance Risk
  • Responsibilities:
  • Contribute to the profitability and sustainability of the business through innovation and cost saving in the Regulatory Risk Department
  • Effective client and stakeholder relationships are maintained
  • Knowledge, expertise and support is provided and shared with stakeholder to ensure total Group compliance with the Financial Intelligence Act and related legislation
  • Financial and reputational risks are minimized through effective Regulatory Risk Services
  • Managing the Bank's Customer Acceptance Risk through customer screening processes to ensure business and regulatory requirements are met for FNB
  • Ensure the Group complies with relevant anti-money laundering legislation and Foreign Account Tax Compliance acts
  • Customer screening reporting and record keeping is accurate and up to date
  • Departmental goals are achieved through effective teamwork by implementing and maintaining. set quality controls and checks set for the Regulatory Risk Analyst Team
  • Manage personal development to increase own skills and competencies
  • Assist in managing the implementation of the customer acceptance program
  • Upload identified higher risk customers on the risk acceptance system
  • Manage requirements of the OWs system to identify higher risk customer in terms of approved policies and procedures
  • Attend remediation of FATCA impacted customers
  • Quality assessment of acceptance of higher risk customers including but not limited to PEPs, POI and Higher risk customers
  • Act as liaison between branches KYC office and the Money laundering compliance office
  • Ensure records of customer screening, reporting and record keeping are accurate and up to date
  • Assess customer acceptance forms to identify and report suspicious behaviour/customer to the money laundering compliance analysts STR
  • Ensure department goals are achieved through effective teamwork by implementing and maintaining set quality controls and checks set for the AML compliance analyst team
  • Grade 12 with Certificate in Money Laundering
  • Financial services sector/industry; Banking systems and products; Namibia money laundering control and combating of terrorist financing
  • Relevant legislation. Report writing; MS Office; using technical banking systems
  • Only shortlisted applicants will be contacted
This vacancy is no longer accepting applications


  • Entity FNB NAMIBIA
  • Location
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  • Published 18.01.2023
  • Expires 31.01.2023
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