Manager Anti-Money Laundering (AML)

Responsibilities

• Drive strategy formulation and execution for the AML department
• Oversee execution and review of annual AML risk assessments
• Develop and manage budgets and forecasts for AML functions
• Manage and lead the Financial Crime Unit (FCU) team
• Ensure compliance with the Financial Intelligence Centre Act (FICA) and other regulatory requirements
• Implement and monitor AML/CFT/PF policies and procedures
• Identify and mitigate potential AML risks through horizon scanning and data analysis
• Build trusted advisor relationships with leadership teams and external regulatory bodies
• Oversee AML IT requirements, testing, and sanction screening
• Conduct data analytics to identify trends, patterns, or correlations in complex data sets

Requirements

• Relevant Degree in Legal, Accounting, Auditing, or Risk
• 5-8 years of AML experience
• 5 years of experience in the Financial Services Industry
• 3-5 years of experience in a management role
• Proven success in developing AML compliance frameworks
• Comprehensive knowledge of FICA, POCA, and other financial crime regulations
• Strong analytical and statistical data analysis skills

Preferred Qualifications

• Money Laundering Control Certificate
• CAMS Certificate
• Knowledge of financial industry products and services

About the Company

Bidvest Bank is committed to safeguarding its operations against AML/CFT risks through proactive compliance and robust internal processes.