With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
To provide advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist anti-money laundering expertise.
AGL Financial Crime are responsible for ensuring that the Bank manages the risks of money laundering, terrorist financing, sanctions and bribery and corruption and, in so doing, protects the Bank, its customers and its employees, as well as society at large, from the negative effects of financial crime. The Financial Crime function implements a Financial Crime Risk framework to meet the requirements of anti-money laundering, anti-terrorism, anti-bribery & corruption and economic sanctions laws and regulation. The candidate will be responsible for all aspects of monitoring, surveillance, and investigation and reporting as well as for the identification and assessment of new and emerging threats (including, but not limited to, Illicit Financial Flows, Terror Financing, Human Trafficking, Ponzi Schemes and Corruption) against the Bank making use of existing typologies, use case and indicators to detect the existence thereof in the Bank. Also assist in the formulation of the strategic direction and appropriate intelligence led activity across Africa to ensure that we have a top in class capability which enables the firm to appropriately manage financial crime and terrorist financing risk and which ensures we are compliant with all related regulatory requirements and expectations.
A key requirement of the role is to build out a robust, firm-wide capability to enable a data driven approach to managing risk and which also drives a top class analytics and intelligence capability to enhance and strengthen the firm's management of financial crime and terrorist financing.
The key specific accountabilities of this role would be the following:
Accountability Operational Support and Coordination
Accountability: Stakeholder Management
Bachelor`s Degrees and Advanced Diplomas: Law, Military Science and Security (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.