Team Leader: AML, Business Banking

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Date: 30 Oct 2024

Location: Sandton, GT, ZA

Company: Capitec Bank Ltd

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees.  Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.

Who We Are

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through a personal experience. By helping our clients manage their financial lives better, we enable them to live better. 

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow. 

Main Purpose

To lead a team within the Business Bank AML Operations function, managing Onboarding Name Screening, Enhanced Due Diligence or Ongoing Name Screening, Enhanced Due Diligence or Payment Screening, Suspicious Activity Investigations and statutory reporting of simple and complex corporate entities across industries, ensuring compliance with the Banks Risk and Compliance Management Programme and applicable legislated and regulatory AML requirements, thereby minimising risk to the bank.

 

As a Sanctions Payment Screening Team Leader your primary responsibilities will include:

Team Management and Development

  • Lead, mentor, and develop a high-performing sanctions screening team, fostering a culture of compliance and continuous improvement.
  • Conduct regular training sessions to ensure team members are up-to-date on sanctions regulations and screening technologies.

Policy and Procedure Development

  • Develop, implement, and maintain sanctions screening policies and procedures to ensure compliance with local and international regulations.
  • Regularly review and update the policies to reflect regulatory changes and enhance operational effectiveness.

Risk Assessment

  • Collaborate with other departments to identify areas of potential sanctions risk and implement risk management measures

 

Audit and Review

  • Oversee internal quality assurance/audit of the sanctions screening process and ensure timely resolution of any identified issues or weaknesses.
  • Implement corrective actions based on quality assurance/audit findings and regulatory feedback.

 

 

 

 

The ideal candidate will have:

  • Bachelor’s degree in commerce or business administration or any related field
  • 2- 3 years team management experience
  • Experience ideally in a finance/banking environment.
  • Minimum 3 years’ AML experience (ideally in Payment Screening and Transactional Monitoring)

 

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

 

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.