AML Analyst

Job Summary

Purpose of the Job: To be responsible for monitoring of financial crimes to ensure business complies with all applicable AML regulatory requirements and policies.

Job Details

Critical Deliverables /Core Accountabilities and Responsibilities:

1. Liaise with relevant departments to ensure appropriate course of action is taken to mitigate AML related risks within the business.
2. Monitor compliance with statutory/regulatory obligations and advise management accordingly.
3. Maintain an AML framework for the business in line with local money laundering and terrorist financing requirements.
4. Implement sanctions screening process to ensure all customers are screened for sanctions. 
5. Provide training of employees on AML/CFT&P/Sanctions legislation and the requirements.
6. Monitor AML systems, technology and screening tools as well as processes within the subsidiary.
7. Ensure adherence to the relevant sanction's notices.
8. Compile AML sanctions quarterly and annual reports which give a view on the effectiveness of the systems and controls in line with the governance reporting framework.

Requirements

Required Qualifications, Knowledge and Skills:

1. Grade 12, (25 points and above). 
2. Bachelor – Risk Management, LLB or Audit or equivalent. 
3. At least 2 - 3 years’ experience in legal compliance management functions.
4. Experience working in AML within financial institutions. 
5. Ability to execute effectively against strategy and exceed goals consistently.
6. Knowledge of AML Compliance standards. 
7. Good understanding of corporate governance. 
8. Hands-on experience of AML systems.

About Company

Letshego Financial Services Namibia

https://www.letshego.com

Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.