Career Listings

Believe Resourcing currently has a number of vacancies available. Whether you’re starting a new career or looking for a change of environment or location, you can browse our available listings below and apply directly. 

Job Title
Transaction Monitoring Specialist/ AML Specialist
Employment Type
Full Time
Experience
2 to 10 years
Salary
Negotiable
Job Published
03 March 2022
Job Reference No.
2355120838

Job Description

WHY YOU SHOULD APPLY:

Besides their very own mini penalty shootout, putting a green and cricket pitch smack bang in the middle of their office, they have a very special canteen area where they enjoy company-subsidized meals, barista-crafted coffee, and FIFA console gaming, foosball, and special themed employee get-togethers. Employee wellness, balance, and motivation go hand-in-hand with their work-hard ethos making this a place like no other!

The notion of giving back to local communities holds a very special spot in their core values as they make time to participate in a variety of initiatives throughout the year. Everything from raising money to aid teachers, furry friends, and victims of the unexpected, to blanket drives, books, and clothing collections, they do it all - they have even built housing for families in need! All in all, each initiative is carefully considered, planned, and greatly enjoyed by all employees.

Benefits:

  • Medical Aid (50/50) – Discovery for you and your direct family
  • Vitality (50/50)
  • Daily lunch
  • Study benefits
  • Fun working environment
  • Performance bonus paid in December
  • Annual increases in February

 

Main purpose of the role and job summary:

As a Transaction Monitoring Specialist, you will be responsible for reviewing transactions to identify any Money Laundering or Terrorist Financing. You will be responsible for performing risk-based reviews on transaction monitoring cases, analyse trends and mitigate ML/TF risks with a clear and concise narrative. You will be required to keep to date on identifying AML/CFT regulations.

Key Responsibilities:

  • #Investigate and assess alerts relating to potential money laundering risks in the organization.
  • Handle #due diligence investigations to support policies and procedures.
  • Conduct #investigations based on global standards, policies, tools, and procedures to ensure compliance with internal and external regulatory requirements
  • Ensure efficient identification and monitoring of activities and transactions considered suspicious.
  • Write and prepare #suspicious activity reports (SARs) and suspicious transaction reports (STRs)
  • Ensure timely and efficient reporting of transactions considered suspicious.
  • Daily investigations #AML reports relating to potential suspicious activity.
  • Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
  • Help in identifying potential weaknesses in processes.
  • Act as a subject matter expert to employees, providing guidance on what actions to take in dealing with high-risk accounts.
  • Collect documentary proof and build and #maintain case files for transactions deemed suspicious.
  • Ensure proper #record-keeping of data collected and analyzed.

Attributes/Abilities:

  • Strong interpersonal and organizational skills.
  • Successful candidate must be #detail-oriented and highly confidential.
  • Experience performing thorough analyses of customer information.
  • Experience preparing suspicious activity reports (SARs) and Suspicious Transactional Reports (STRs).
  • Experience conducting investigations relating to AML.

OTHER MANDATORY REQUIREMENTS:

  • At least two years’ experience in financial services data analysis
  • Must have reliable transport and a valid driver’s
  • Flexibility in respect of working overtime as
  • Ability to multi-task and handle several different projects
  • Strong work ethic and attention to detail
  • Proficient time management skills

Skills

Industries