With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
To provide specialist advice and support in area of specialisation enabling the provision of sound compliance services.Job Description
Key Responsibilities
Monitor and review payment transactions flagged by the sanctions screening system. Investigate potential matches and determine whether they are true hits or false positives
Stakeholder Relationship Management and involvement on a business, regulator, and industry level.
Liaise with internal stakeholders (Operations, Compliance, Legal) to resolve payment holds.
Ensure commercially sound Compliance guidance and support is provided in respect of applicable regulations and Policy requirements.
Endeavoring to find solutions to ensure compliance as well as the continuation of business.
Assist in regulatory reporting and audit preparation
Support system testing and tuning to improve screening efficiency and reduce false positives.
Maintain accurate records of investigations and decisions.
Investigate and review business process and systems application to enhance risk insights.
Qualifications & Experience
Bachelor’s degree in Finance, Law, Risk, or related field.
2–4 years of experience in sanctions screening, AML, or financial crime compliance.
Knowledge of international sanctions regimes (UN, OFAC, EU).
Experience in banking operations or payment processing is advantageous.
Skills & Competencies
Strong analytical and investigative skills.
Data analytics
High attention to detail and accuracy.
Excellent written and verbal communication.
Integrity and discretion in handling sensitive information.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
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What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
