AML Onboarding Officer Legal / LLB background for law firm Sandton

Senior AML Onboarding Officer - Legal background LLB degree

The main purpose of the role is to assist with the following :

• To assist the Firm with discharging its obligations under the FIC Act;
• FICA Remediation Projects (including remediating deficient client data and remediation of existing client population);
• Attend to client reviews (including ad hoc and periodic reviews);
• Assist junior onboarding officers;
• Sign-off on certain onboarding matters;
• Manage the outstanding CDD and EDD requirements with lawyers and secretaries on a monthly basis;
• Reporting on CDD and EDD matters (progress and status updates);
• Compiling reports for submission to the Risk and Compliance Committee;
• Escalate certain matters to the GC, Head of Risk and Compliance and the Risk Committee;
• Conduct research on AML trends and typologies and propose enhancements to processes and controls;
• Conduct Country Risk research and update the Country Master Data Tables on a regular basis;
• Assist the Compliance Risk Manager and General Counsel, Head of Risk and Compliance with general AML portfolio management;

Conducting AML Typology research and trends on a regular basis and assist with the review and maintenance of the RBA Framework; and

Conducting country risk research and updating the Firm's Country Risk Master Data Table on a regular basis.

The key responsibilities and duties :

Compile reports for the HoD and the Risk and Compliance Committee; and

Assist with various AML compliance projects and any other AML-related tasks as assigned.

Qualifications and experience :

Qualifications :

LLB Degree. An admitted attorney with at least 4 years' experience in an AML / FICA compliance environment or in any compliance risk management environment; or

Qualifications or knowledge of the following subjects are advantageous :

Anti-money laundering certificates or ACAMS qualification; or

Post-Graduate Diploma in Compliance or Certificate in compliance; or

Risk Management qualification.

Personal attributes

Ability to work under pressure.

Candidates must have experience in onboarding large corporate clients with complex ownership structures.

Other experience required :

For the legal candidate, it must be an admitted attorney. Any other experience (eg legal advisor, general compliance, other AML role (ie excluding onboarding), risk role, etc)

Recruiters to provide the following information with original CVs :

Matric and university transcripts; and

Salary and bonuses.