Customer Due Diligence Head

An international bank, based in Johannesburg, is seeking a Due Diligence Head to work within the customer due diligence team, where they would be responsible for overseeing members of the team as well as improving upon processes and efficiency.

This company is a well-established organisation, and are seeking relevant applicants from Financial Services sector, who have a thorough understanding of exchange control, and have a proven track record of success within the field.

It presents a fantastic opportunity for individuals looking to join a renowned organisation that could provide an opportunity for career progression and growth.

Key qualification and experience required for the Customer Due Diligence Head:

• Bachelor's degree or higher.
• Minimum of 6 years of experience in AML compliance within the banking industry, with at least 2 years of management or team lead experience overseeing a team of at least 3 subordinates.
• Strong proficiency in English for effective communication.
• Possession of ACAMS certification or local AML certification is advantageous.
• Proficient in using Microsoft Office applications such as Word, Excel, and PowerPoint.

Key Duties Required For The Customer Due Diligence Head

• Identify, assess, monitor, mitigate, and manage Money Laundering/Terrorist Financing/Proliferation Financing (ML/FT/PF) risks affecting the Branch, ensuring compliance with internal policies and local regulatory requirements.
• Assist the General Manager in fostering and improving AML/CFT awareness within the Department, reporting to both the business line head and the Legal and Compliance Department.
• Manage and support CDD Analysts/CDD Specialists and serve as a backup for the CDD Specialist role.
• Organise AML/CFT training for the CDD team to enhance their knowledge and skills, providing guidance on AML/CFT matters at the departmental level.
• Fulfil AML Representative duties in the Banking Department, including reporting obligations, quality assurance, transaction monitoring, and updating the AML/CFT Policy and Procedure manual. Serve as a subject matter expert on AML/CFT matters at the departmental level.
• Perform other duties and tasks as assigned by branch management.

Key Personal Skills

• Attention to detail
• Effective time management
• Risk Management
• Leadership skills
• Displays high levels of integrity
• Constantly looking to develop
• Analytically strong
• Strong communication skills
• Forward thinking

Should you be an individual who is passionate about joining a business with plenty of room for growth, while also possessing the necessary credit analysis skill-set, please get in touch with us as soon as possible.