MAIN FUNCTIONS OF THE JOB INCLUDE:

• Monitors, analyse and interprets the regulatory requirements in terms of the Financial Intelligence Centre Act (FICA) and associated Guidance Notes, Public Compliance Communications and Directives, the FATF 40 Recommendations and international best practice.

• Develops an appropriate risk-based approach (RBA) to Customer Due Diligence (CDD)/ Know Your Customer (KYC) and Ongoing Due Diligence (ODD) obligations in terms of the Financial Intelligence Centre Amendment Act, industry standards and international best practice for implementation by the relevant business unit/s

• Develops and maintains and ensuring compliance to enhanced due diligence (EDD) requirements taking into account the high money laundering and terror financing (ML/TF) risk areas of the Bank

• Automated Transaction Monitoring Syst...