Party Due Diligence Consultant - Fixed Term Contract at Sanlam Group

Job Purpose

• The primary purpose of the  Party Due Diligence (PDD) consultant is to assist the Anti-Money Laundering team in developing the capability to address party due diligence in a manner that will enable the business to meet the requirements of AML/CFT standards, and other regulatory requirements that expressly or implicitly require such due diligence during the course of the business relationship.

Key Outcomes
The following outcomes will be expected to be achieved by the PDD consultant:

• Review of alerts generated by screening tool case management system;
• Conduct manual screening (ad hoc requests);
• Investigate source of funds for clients;
• Escalate any alerts where either a final determination cannot yet be made or where any other escalation criteria are met;
• Performs adhoc and other related duties as assigned;
• Clear all alerts from the ongoing due diligence.
• Liase with stakeholders to ensure all necessary requirements/documents are on record 

Qualifications and Experience

• Relevant Tertiary qualification preferred 
• 2 – 3 years Financial Services experience  
• Exposure to a governance environment to your advantage 
• Computer literacy (MS Office and MS Excel intermediate level)