Regulatory Analyst: Adverse Media at Nedbank

Job Purpose

• To manage transactional processing & FICA-related activities and functions are executed within defined standards & requirements while simultaneously maintaining control over applicable processes and in accordance with Client Operations Strategy. Conduct adverse media searches on customers, authorised persons, beneficial owner and associated parties where applicable in order to identify AML, CFT and reputational risk to the bank.

Job Responsibilities

• Minimize losses and reduce overall cost of client operations by maintaining high work standards and vigilant risk management.
• Maintain a departmental set of management & record keeping standards ensuring compliance with relevant requirements, conditions, and standards.
• Ability to prioritize adverse media requests and maintain stakeholder relationships by ensuring delivery within expected timelines.
• Maintain sound relationships with the relevant internal and external stakeholders by ensuring achievement of high levels & quality of service delivery as experienced by stakeholders contributing to customer retention.
• Improve client relationships through focused NCIB client strategy.
• Read, understand, assess and report on adverse media of the parties identified that may pose a reputational risk to the bank
• Investigate, identify and report on relevant adverse media within agreed parameters
• Required to link adverse media on connected parties based on known information
• Identify risks on parties that will place reputational risk on Nedbank
• Ensure that all NCIB Client records are optimally managed and maintained.
• Ensure that all exceptions are managed & resolved within agreed SLA's.
• Ensure that project goals are accomplished & are in line with business objectives.
• Manage client reviews based on the risk criteria assigned to clients and facilitate and co-ordinate the review processes for NCIB

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Diploma or Degree or Certificate in Compliance, AML
• Journalism experience is an advantage

Minimum Experience Level

• 1-2 years general banking experience, with knowledge of KYC/ FICA

Technical / Professional Knowledge

• Administrative procedures and systems
• Data analysis
• Microsoft Office
• Relevant regulatory knowledge
• Business writing skills
• Financial Acumen
• Relevant product knowledge
• Knowledge of risk
• Relevant system knowledge

Behavioural Competencies

• Adaptability
• Building Customer Loyalty
• Continuous Learning
• Collaborating
• Work Standards
• Managing Work