This will require using key risk sensitive AML criteria with a view to distinguishing high-risk clients from non-high-risk clients and performing enhanced due diligence (EDD) based on the results
The role will also entail providing AML related support / advise to coverage and related business units around potential new transactions
To be able to critically analyse and provide advice on a potential transaction/deal structure will be a valuable skill
The individual will be required to provide operational support during the KYC process, if required, and finally to apply exceptions where permitted by law
- Assess client desirability in terms of financial crime risk
- Monitor transactional behaviour of clients to ensure behaviour is line with expectations
- Identify changes in client risk profiles and evaluate ongoing client desirability
- Understand financial products, contracting parties and end-to-end processes and key touchpoints of underlying commercial transactions to identify all financial crime risks that the bank is potentially exposed to
- Stay abreast of international guidelines and local and international regulations pertaining to financial crime to be able to identify and apply best practic
- Stay abreast of regulatory, reputational and international guidelines to be able to analyse end-to-end transactions and understand the regulatory impacts thereof
- Ensure thorough understanding of all transactions
- Providing AML related support / advise to coverage and related business units around potential new transactions
- To critically analyse and provide advice on a potential transaction/deal structure will be a valuable skill
- Provide operational support during the KYC process, if required, and finally to apply exceptions where permitted by law
Important Closing Date Note
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
03/10/26All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
What We Do
FirstRand is a portfolio of integrated financial services businesses offering transactional, lending, investment and insurance products and services. The group seeks to build long-term franchise value and deliver superior, sustainable returns within acceptable levels of volatility. Its corporate centre houses key functions—including risk, compliance, governance, internal audit, treasury, finance and tax—that support the broader group and its operating businesses.
