Download App | FOLLOW US ON SOCIAL MEDIA
 Upload Your Resume   Employers / Post Jobs 

Banking Attorney / Criminal Attorney in Florida, Gauteng

Absa Bank Limited Aug 20,2014 Location Florida Gauteng
This job is expired...

In-House

Attorney

Criminal Law - Prosecution

Finance - Banking

Litigation - Whistleblower - CFTC

Min 5 yrs required

Profile

Financial Crime Consultant The candidate will ensure compliance by group (12 countries) with its obligations in terms of the AML and terrorist financing legislation/regulation and its employees with the provisions of the applicable laws and internal policies and rules. This will include staying abreast with the Financial Crime policies in each of the African jurisdictions, assist with the compiling of relevant group Know Your Customer standards, assist and reviewing of the localisation of these standards, and providing technical advice on the implementation of these. In addition, assist in compiling the annual High Risk and PEP Review standard to be used throughout the Africa Region, as well as providing assistance to business in this regard, and tracking completion of the annual reviews. Provide AML related training to the various BU MLRO’s as well as to business. Assist the group to ensure that the various business units, Joint Ventures (JV's) and subsidiaries remains in full regulatory compliance by liaising with relevant Stakeholders deployed in business, i.e. Compliance / Risk resources. Stay abreast of the Financial Crime legislative landscape in the Africa jurisdictions in which we operate (12 countries). Assist with the Compiling/drafting of the required Know Your Customer Group Standards (on-boarding and remediation) to be used by the various Business Units/Jurisdictions to compile own Internal Rules/Minimum Operating Standards (all countries and business units). Review and challenge localisation of Know Your Customer Standards with the view to ensuring that they are in compliance with legislative and policy requirements, as well as an enabler for business. Act as the custodian for all AML policies and procedures and ensure that business is forewarned of any changes to these policies. Assist the Heads of Financial Crime Compliance in RBB; CIB and WIMI in developing specific AML related standards as and when these are required (MSB’s; Digital Currencies; Correspondent Banking). Involvement in the upgrading of bank systems to ensure compliance with regulatory requirements. Establish and maintain close working relationships with the business unit MLRO’s to ensure support for Anti Money Laundering and Terrorism risk frameworks. Represent Financial Crime Compliance and review all new product approvals where required. Participate with business when new products are being developed to ensure financial crime compliance. Provide training to business in respect of AML related matters as and when required. Provide input into the Annual High Risk and PEP Reviews standard to be used throughout the Africa Region/ Provide training to users on the standard compiled. Liaise with the AML Managers/MLRO’s around the completion of Annual PEP and High Risk Reviews. Conduct reviews on the PEP Reviews that have been performed. Support the Head of Financial Crime Regulatory Africa in awareness and training initiatives. Build and maintain meaningful relationships with Financial Crime teams (BU/country MLRO’s and HOC’s) with the aim of understanding their needs. Discuss emerging or current issues with Financial Crime teams and escalate or resolve these issues where possible.

Qualification and Experience

The candidate should have Bachelor Degree preferably LL.B degree. Must have ACAMS Certificate; or Certificate in Money Laundering Control with 5 years’ experience in the field of Anti-Money Laundering/Financial Crime. Should have specialist knowledge of the Financial Intelligence Centre Act, its Regulations, Guidance Notes and Public Compliance Communications. Should have previously work with and in African jurisdictions will be an added advantage. Must have good understanding of Know Your Customer legislative requirements for various Africa jurisdictions. Should have drafting skills. Must have knowledge of Microsoft Office, specifically Excel, Word, Visio, MS Project, Outlook email, Internet.

Additional info

Ref:- 00165415

Company info