Anti-Money Laundering (AML) Transaction Monitoring Rules Specialist

Capitec Bank • Full-time • Stellenbosch, Western Cape, South Africa • 3h ago

Job Location : Western Cape, Stellenbosch Deadline : December 26, 2024 Quick Recommended Links

Main Purpose

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We are seeking a highly skilled and detail-oriented AML Transaction Monitoring Rules Specialist to join our AML team. The ideal candidate will have proven experience in optimising automated transaction monitoring systems using relevant data and analytical tools, while having a firm understanding of financial crime regulatory environment.
This role is critical in ensuring Capitec discharge its transaction monitoring obligations by effectively assessing risks, implement new rules, and optimising existing transaction monitoring rules according to the bank’s risk appetite. While ensuring that the transaction monitoring controls are continuously updated to detect novel financial crime risks in both Personal and Business Bank divisions.

As an Anti-Money Laundering Monitoring Specialist your primary responsibilities will include:

The ideal candidate will have:

Bachelor’s degree in Finance, Business, Data Science, or a related field.
Proven experience in AML transaction monitoring, preferably within a financial institution.
Strong knowledge of automated transaction monitoring systems and data analytics tools.
Excellent analytical and critical thinking skills.
Familiarity with AML regulations, guidelines and best practices (e.g., FICA, FATF)
Experience with specific transaction monitoring software (e.g., Actimize, SAS AML).
Advanced proficiency in data analytics tools (e.g., SQL, Python, R).
Certification in AML (e.g., CAMS, CFE).