Head, Financial Crime Risk Management at Standard Bank Group

JOB DESCRIPTION

• Define the Regulatory execution framework for Business and Commercial Banking South Africa in order to adhere to all Financial Crime Compliance regulatory requirements for the avoidance of penalties and sanctions within the standards and guidelines set by various Group entities.  This framework must also support improved client experience and lead to profitability. To be accountable for the implementation, monitoring and reporting for Client Due Diligence processes and compliance with Client Due Diligence standards across Business Banking, Commercial Banking and Vehicle and Asset Finance .   To drive compliance with the governance and planning framework for all client due diligence regulatory requirements within the Client Coverage teams and OSS Regulatory Processing teams, through interpretation of regulation, monitoring, evaluation and control of its implementation and execution across all business units. 

QUALIFICATIONS
Qualifications

• Business Commerce Degree
• Legal qualification 
• Accredited Certificate in Anti- Money Laundering and Terrorist Financing 

Experience

• 7-10 years experience in implementing major legislative processes across the value chain
• Experience in facilitating and managing conflicting views across multiple stakeholders in terms of changing their processes to align to regulatory requirements
• Understands branch/product policies, systems and procedures and associated regulatory frameworks
• Knowledge of upcoming regulatory developments impacting the financial services industry
• In-depth understanding of risk and compliance matters

 
ADDITIONAL INFORMATION
Behavioural Competencies

• Adopting Practical Approaches
• Developing Expertise
• Making Decisions
• Directing People
• Examining Information
• Convincing People

Technical Competencies

• Compliance
• Information Security Management
• Risk Awareness
• Financial Acumen
• Banking Process & Procedures
• Process Governance