Regulatory Specialist: New to Bank - Johannesburg, South Africa - Nedbank

Nedbank

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Closing Date

30 November 2023
Job Purpose
To manage self or a team of regulatory analysts, and ensure that FICA, FATCA & CRSrelated activities & functions are executed within defined AML standards & requirements while simultaneously maintaining control over applicable processes, in accordance with Client Services Strategy

Responsibilities:

Manage a team and ensure effective processing of FICA and all client data related capturing and records maintained
Ensure the validation function on FICA, FATCA & CRS all in the context of business as usual (New to Bank, onboarding of new clients and Reviewing of existing clients)
Review of clients by ensuring that "gaps" are identified in the FICA, FATCA & CRS requirements of existing clients.
Ensure adherence to FICA, FATCA & CRS requirements by upskilling/guidance/training to front line to ensure that all NCIB Client records are optimally managed and maintained.
Ensure that defined FICA/FATCA and CRSrelated activities & functions are executed within defined standards & requirements while simultaneously maintaining control over applicable processes.
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.
Ensure that all Stakeholders are advised by resolving queries promptly.

Essential Qualifications

NQF Level
Matric / Grade 12 / National Senior Certificate

Preferred Qualification

Advanced Diplomas, Bachelor's Degree, LLB, Related Compliance / AML certificates
Minimum Experience Level 3 or more years banking experience in KYC/ Anti-Money Laundering.

Technical / Professional Knowledge

Administrative procedures and systems
Microsoft Office
Relevant regulatory knowledge
Business writing skills
Financial Acumen
Product Knowledge
Analytical Skills
Knowledge of risk
Relevant system knowledge
Accounting skills

Behavioural Competencies

Communication
Continuous Learning
Collaborating
Decision Making
Initiating Action
Innovation
Work Standards
Managing Work

Employment Equity Statement

_PREFERENCE WILL BE GIVEN TO INDIVIDUALS FROM UNDERREPRESENTED GROUPS_
- **_Please contact the Nedbank Recruiting Team at _