Executive Head: Anti-financial Crime Compliance - Midrand, South Africa - Vodafone

Vodafone

Verified Company

Midrand, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Role purpose:

This varied role will support the ME: Group Compliance in the delivery of a robust risk based Anti

Financial Crime (AML, ABC and Sanctions) programme for Vodacom Group. This includes supporting the implementation of all proactive and reactive activities required to ensure that the business has a robust and fit for purpose antimoney laundering and anti

- financial crime compliance programme which demonstrates effective and transparent management of risk within local markets and compliance with all relevant legislation and international standards. The role is a key part of the second level of defence in the Vodacom Group Compliance programme. The role covers a broad range of licenced and regulated fintech and mobile financial services in Africa, including insurance, consumer credit, payments, and mobile money.

Your responsibilities will include:

Anti-Financial Crime

To support the ME:
Group Compliance in designing and implementing a digitally-led Anti-Financial Crime Programme encompassing all Vodacom financial products and services.

This will include:

Guide, oversee and provide strategic direction on the adoption and implementation of effective systems, technologies and processes to ensure compliance with all ant-financial crime laws, anti-money laundering (AML) and regulations, policies, and best practices;
Designing a digitally-led programme controls to address Group Policies and regulatory requirements, future national and international developments, and risks identified in the risk assessment;
Overseeing and ensuring risk assessments are conducted across the business including preparing and reporting a summary of key money laundering related risks;
Working with a variety of teams including partner markets, regulatory, legal, and local markets to identify AML and Financial Crime risks and agree on actions;
Overseeing and supporting the integrated assurance program and being recognized support for the internal audit team;
Active involvement in industry bodies;

Monitoring and reporting
Oversee and undertake regular 2nd line assessments (including in market) of current compliance status and establish monitoring and review mechanisms to ensure compliance with policies and procedures;

Collate data and KPI's for review and reporting as required including preparation of the annual AML report and other governance reports.

Anti-Financial Crime & AML Community
Support development of Anti-Financial Crime & AML community, building connections and sharing best practices;
Keep the community up to date with new developments in the field of expertise.

Training
Work with local market teams to ensure that a robust training programme is delivered to employees and agents;
Oversee and support the delivery of training initiatives;
Design and deliver training to relevant groups of employees.

Must have technical/professional qualifications:

Qualified as a minimum to degree level equivalent;
Professional qualification in AML required;
Higher relevant degrees will be advantageous;
Higher relevant specialist qualifications in e.g. risk or compliance management will be an advantage;
Comprehensive and specialist knowledge of financial crime and financial services legislation in South Africa and on the African continent;
Sound understanding of compliance and risk management principles.

Desired experience:

Minimum of 10 years' AML and financial crime specialist experience in financial services with relevant compliance and risk management experience;
Deep knowledge of Financial Services, Anti-Money Laundering, Anti-bribery and Anti-Financial Crime legislation;
Telecommunications and mobile financial services experience will be advantageous.

Core competencies, knowledge, and experience:

Significant experience in anti-money laundering in the financial services and mobile financial services industry including development, implementation, and management of AML and anti-financial crime compliance and risk frameworks;
Self-starter and self-motivated who is able to prioritize and manage multiple work streams;
Ability to present authoritatively to internal and external stakeholders to ensure appropriate protection of Vodacom's interests, whilst concentrating on the issues that really matter;
Knowledge and practical experience of implementing global AML and payments standards such as FATF, 4 th/5th MLD, PSD

Closing date for Applications
:26 April 2023.
The base location for this role is,
Midrand, Vodacom Campus
The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.