Senior Specialist: AML/CFT Compliance

Assupol Life

Gauteng, South Africa


Jul 6

To assure compliance with regulatory requirements, to manage risk associated with non-compliance. 1.Contribute to the efficient and effective functioning of Compliance FunctionAssist manager to ensure that Assupol Group of companies is in compliance with applicable law, industry and regulatory body requirements with specific reference to AML/CFT legislation and FIC requirements.Assist the manager with AML/CFT projects as they become necessary.Have ability to conduct and/or manage Anti-Money Laundering assignments, including ability to conduct compliance reviews and identify areas for improvement / non-compliance with relevant legislation.Advise business on Anti-Money Laundering Solutions and provide technical input into Anti-Money Laundering solutions.Assist business with verification of new and existing clients to ensure compliance with AML/CFT legislation. Developing Thought Leadership in AML and related themes.Draft or review the accountable institutions FICA RMCP on a regular basis as and when it becomes necessary to do so. Promote prevention of legal and regulatory risk in the company (TCF).Maintain efficient and effective operations in Compliance.Validate those policies and procedures with regards to AML/CFT Compliance are being adhered to. (TCF)Conduct regulatory Training Assist the manager with any compliance projects as may be required from time to time.Monitor the regulatory platforms and changes to legislations:Provide an impact AssessmentIdentify business impact Conduct workshops and unpack the impact thereto Get business comments where needed and respond to the regulator.Responsible for regulatory reportingProvide business with advise where needed.2.Attend to regulatory and client complaints (TCF)Assist with investigation of regulatory and clients complaints (FIC cases)3.Responsible for Compliance Monitoring and ReportingMonitor AML/CFT compliance risk, policies and procedures at Head Office and branches of Assupol Group.Complete monitoring reports for Compliance Manager.Provide overall compliance assistance, guidance and advice to Assupol Group of Companies.Contribute to the development of compliance risk management plans.Contribute to the completion of compliance reporting (internal and regulatory).4.Provide Training and Awareness on Compliance MattersCreate awareness in Assupol Group of Companies with AML/CFT law requirements (TCF) Train business departments on AML/CFT as well as other regulations as they become necessaryInform employees about relevant compliance matters.Develop, educate and enabling healthy and business orientated compliance culture

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