AML/Risk Compliance Officer – Fima Enterprises

Job Description

DESCRIPTION 

Fima Enterprises (Pty) Limited, a trade finance company is looking for an experienced Anti-Money Laundering Compliance Officer “AML/Risk & Compliance Officer” to oversee the development and implementation of AML compliance programs, conduct AML risk assessments, and oversee AML investigations. The AML Officer’s role is a key member of the senior management team, reporting only to the Board of Directors. You will have to be a self-starter with excellent analytical and problem-solving skills.

Responsibilities

⦁ Understand and comply with all Anti-Money Laundering (AML) regulations, policies, and procedures. • Assist in the development, implementation, and maintenance of AML risk management programs.
⦁ Conduct customer due diligence (CDD), enhanced due diligence (EDD), and beneficial ownership reviews.
⦁ Perform periodic risk assessments of customers and transactions.
⦁ Prepare Suspicious Activity Reports (SARs) and other required filings.
⦁ Monitor large cash transactions, and international wire transfers.
⦁ Identify and investigate potential money laundering activities.
⦁ Keep up to date on current trends in money laundering typologies and methodologies.
⦁ Participate in AML training and awareness programs.
⦁ Assist with special projects as needed.
⦁ Maintain confidentiality of financial institution information and protect against unauthorized disclosure of such information.
⦁ Comply with all applicable laws, rules, and regulations.

Required Skills and Qualifications

⦁ Bachelor’s degree in business or diploma in finance, or related field
⦁ Holder of Chartered Governance & Accountancy Diploma
⦁ 7+ years experience in compliance or related role in the financial services industry
⦁ Strong understanding of NBFIRA regulations, including AML requirements
⦁ Excellent analytical and research skills
⦁ Detail-oriented with strong organizational skills
⦁ Ability to work independently and as part of a team.
⦁ Previous vetting by NBFIRA will be an added advantage.
⦁ Availability to work weekends and outside working hours as per the demands of this role.