Company Description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services   offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

NOTE: This role is for a Fixed Term Contract, and only open to Jersey Residents

To lead the Group Financial Crime Compliance, Anti-Money Laundering (AML) Regulatory Risk and Advisory area - enabling the smooth adoption of new compliance regulations across the Group's South African Operations whilst assisting the Chief Financial Crime Compliance Officer (CFCCO) by ensuring the Board of Directors and SBG SA Operations are updated regularly with regards to required changes in AML and Combating the Financing of Terrorism (CFT) compliance.

Qualifications

Type of Qualification: Business Commerce, Legal, Accounting, Finance

Experience Required: 8-10 years Compliance. Extensive experience in AML/CFT policy drafting and monitoring experience with experience in an AML/CFT advisory role. Good working knowledge of financial sector environment and procedures. In depth knowledge and understanding of the legislative and regulatory requirements as it relates to financial institutions as well as internal compliance related policies and procedures.

Additional Information

Outputs:

Analyse and interpret country legislation, in response to in-country queries relating to inability to comply, in order to confirm compliance risks to SBO and correct where applicable. In instances where Board resolution is required, provide necessary legislative guidance and refer accordingly to ensure that appropriate action can be taken at the correct level.Circulate Group AML and CFT policy and provide general legal advisory support, in order to ensure that country offices are aware of relevant legislative requirements and are able to interpret and comply with those requirements.Create AML/CFT principle-based awareness, guidance and communication by developing and delivering train-the-trainer AML/CFT content and material.Develop and interpret reports on RMCP breaches or risks identified as a result of monitoring/conformation testing and escalate non-compliance or other appropriate matters.Develop, maintain and rollout relevant and appropriate (tailored per jurisdiction where required) awareness initiatives and training material, to enable the successful rollout and embedding of the AML/CFT framework across all the jurisdictions.

 

Behavioural Competencies:

Articulating InformationChallenging IdeasChecking ThingsDocumenting FactsEstablishing RapportGenerating IdeasInteracting with PeopleMaking DecisionsMeeting TimescalesProviding InsightsTaking ActionUpholding Standards

Technical Competencies:

ComplianceLegal ComplianceLegal KnowledgePolicy DevelopmentQuality Orientation

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