THE JOB AT A GLANCE<\/p>\n
\tTo lead the group\u2019s investment and financial risk management function, developing and implementing robust frameworks to\u00a0identify, measure, monitor, and manage market, credit, liquidity, and asset-liability risks while ensuring alignment with the group\u2019s risk appetite and regulatory requirements.\u00a0<\/p>\n
WHAT WILL YOU DO?<\/p>\n
\u00a0Financial Crime Framework Development<\/p>\n
\tDesign and implement a comprehensive financial crime risk management framework aligned with FIC Act requirements and international standards
\n\tDevelop detailed policies and procedures covering AML, CTF, fraud, anti-bribery and corruption, and sanctions compliance
\n\tCreate a financial crime governance structure with clear roles, responsibilities, and reporting lines
\n\tEstablish risk-based approaches for financial crime prevention tailored to different business units
\n\tImplement financial crime risk assessment methodologies covering inherent risk, control effectiveness, and residual risk
\n\tDesign financial crime risk appetite statements with appropriate metrics and thresholds
\n\tDevelop customer and transaction risk rating methodologies
\n\tCreate procedures for politically exposed person (PEP) identification and enhanced due diligence
\n\tImplement frameworks for assessing financial crime risks in new products and services
\n\tDesign methodologies for financial crime risk monitoring at portfolio and transaction levels
\n\tDevelop protocols for independent testing of financial crime controls
\n\tCreate frameworks for integration of financial crime risk into enterprise risk management
\n\tImplement methodologies for emerging financial crime risk identification
\n\tDesign approaches for financial crime data governance and quality management
\n\tDevelop frameworks for financial crime management information and reporting
\n\tEstablish protocols for regulatory engagement on financial crime matters<\/p>\n
Risk Assessment and Monitoring<\/p>\n
\tDesign and implement comprehensive methodologies for financial crime risk assessment
\n\tDevelop detailed approaches for inherent risk identification across various financial crime typologies
\n\tCreate risk scoring models for customer risk classification with dynamic adjustment capabilities
\n\tImplement transaction monitoring scenarios and thresholds based on customer risk profiles
\n\tEstablish procedures for regular recalibration of monitoring scenarios and thresholds
\n\tDesign rule-based and artificial intelligence approaches for anomaly detection
\n\tDevelop methodologies for identifying complex financial crime patterns across multiple systems
\n\tCreate frameworks for real-time and post-transaction monitoring
\n\tImplement approaches for monitoring high-risk customers, products, and channels
\n\tDesign methodologies for sanctions screening including list management and screening algorithms
\n\tDevelop procedures for assessing effectiveness of monitoring systems
\n\tCreate frameworks for quality assurance of alert investigation processes
\n\tImplement methodologies for trend analysis of financial crime patterns
\n\tDesign approaches for integrating external intelligence into monitoring systems
\n\tDevelop frameworks for periodic review of high-risk relationships
\n\tEstablish protocols for technology evaluation and selection for monitoring solutions<\/p>\n
Regulatory Compliance and Reporting<\/p>\n
\tDesign comprehensive frameworks for financial crime regulatory compliance
\n\tDevelop detailed methodologies for regulatory requirement interpretation and implementation
\n\tCreate compliance monitoring programs specific to financial crime regulations
\n\tImplement procedures for regulatory report preparation (STRs, TPRs, etc.) with quality control measures
\n\tEstablish protocols for timely submission of regulatory reports
\n\tDesign approaches for managing regulatory examinations and inspections
\n\tDevelop methodologies for addressing regulatory findings and recommendations
\n\tCreate frameworks for tracking regulatory changes affecting financial crime compliance
\n\tImplement approaches for conducting impact assessments of regulatory changes
\n\tDesign methodologies for demonstrating effectiveness of financial crime programs to regulators
\n\tDevelop procedures for managing information requests from regulators and law enforcement
\n\tCreate frameworks for regulatory relationship management with financial crime authorities
\n\tImplement approaches for industry benchmarking on regulatory compliance
\n\tDesign methodologies for preparing board and committee reports on regulatory matters
\n\tDevelop frameworks for attestation on regulatory compliance
\n\tEstablish protocols for crisis management during regulatory interventions<\/p>\n
Investigation and Remediation<\/p>\n
\tDesign comprehensive frameworks for financial crime investigations
\n\tDevelop detailed investigation procedures for different financial crime typologies
\n\tCreate case management systems with appropriate workflow and documentation
\n\tImplement standardized methodologies for alert triage and prioritization
\n\tEstablish protocols for escalation of significant cases
\n\tDesign approaches for evidence gathering and preservation
\n\tDevelop procedures for conducting complex financial investigations
\n\tCreate frameworks for coordination with law enforcement and regulators
\n\tImplement methodologies for quantifying financial and reputational impacts
\n\tDesign root cause analysis approaches for identified financial crime issues
\n\tDevelop procedures for remediation planning and tracking
\n\tCreate frameworks for applying lessons learned to control enhancements
\n\tImplement methodologies for trend analysis of investigation outcomes
\n\tDesign approaches for managing confidentiality in investigations
\n\tDevelop frameworks for managing external investigation resources
\n\tEstablish protocols for investigation quality assurance and review<\/p>\n
Awareness and Training<\/p>\n
\tDesign comprehensive financial crime awareness and training programs
\n\tDevelop role-based training curricula for different organizational levels
\n\tCreate methodologies for assessing training needs and effectiveness
\n\tImplement mechanisms for tracking training completion and comprehension
\n\tEstablish procedures for board and senior management education
\n\tDesign approaches for integrating financial crime awareness into organizational culture
\n\tDevelop frameworks for communicating emerging financial crime trends
\n\tCreate methodologies for measuring financial crime risk culture
\n\tImplement strategies for promoting reporting of suspicious activities
\n\tDesign approaches for knowledge sharing across the organization
\n\tDevelop procedures for creating targeted awareness campaigns
\n\tCreate frameworks for leveraging technology in training delivery
\n\tImplement methodologies for competency assessment and certification
\n\tDesign approaches for continuous reinforcement of key messages
\n\tDevelop strategies for recognizing exemplary financial crime risk management
\n\tEstablish protocols for measuring awareness program effectiveness<\/p>\n
WHAT YOU’LL BRING TO THE TABLE?<\/p>\n
\tDegree in Law, Criminology, Finance or related field
\n\tPostgraduate qualification
\n\tCertified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE)
\n\tCompliance Institute of Southern Africa membership
\n\t8-10 years\u2019 experience in financial crime, fraud, or related functions
\n\t5 years\u2019 management experience in financial services
\n\tExperience with South African financial crime regulatory framework
\n\tExperience with financial crime investigation or enforcement
\n\tIn-depth knowledge of FIC Act and related regulations
\n\tComprehensive understanding of financial crime typologies
\n\tKnowledge of South African legal and regulatory environment
\n\tUnderstanding of financial services products and processes
\n\tAdvanced analytical and investigation skills
\n\tStrong project management capabilities
\n\tExcellent stakeholder management abilities
\n\tSuperior written and verbal communication skills
\n\tStrong influencing and negotiation skills<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( ) or<\/p>\n
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