AML Onboarding Officers - B Com, Finance & LLB

Senior AML Onboarding Officers (X2) (law firm, Sandton)

We are looking for two Senior AML Onboarding officers - one with a legal background and one with a commercial / accounting / risk background.

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

• To assist the Firm with discharging its obligations under the FICA 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.

Key Responsibilities and Duties

Qualifications and Experience

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 A BCOM, BCOM Law or BCOM Accounting degree or a Risk Qualification with at least 4 years' experience in an AML / FICA compliance environment or in any compliance risk management environment.

Qualifications or knowledge of the following subjects are advantageous :

Personal Attributes

Ability to work under pressure.

We are looking for 1 lawyer and 1 accountant / B Com / risk management specialist. It would be better to have someone onboarding experience, as well as other experience. Experience as a onboarding team leader will also help. 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)

For the risk, B Com, accountant candidate - it can be any work in a professional environment (preferably risk management and AML). Actual work in an accounting firm or other corporate (will help because of the training and discipline).

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