AML/CFT & P Officer – Old Mutual 523 views

Job Description

This role focuses on business imperatives of significant operational and or tactical importance related to AML/CFT&P at a specific point in time and is individually accountable for achieving results through own efforts, over periods of up to a year.

• Assume ownership of the Internal Rules and ensure that these rules are properly aligned with current legislative requirements and are kept up to date taking into account any changes to relevant legislation. This responsibility would also include ensuring that the Internal Rules are signed off by the Boards of all Old Mutual Accountable Institutions
• Be accountable for the co-ordination and arrangement of all AML/CFT&P inspection visits by the Regulators. This would include inter alia the collating of required documentation, identifying those relevant staff that need to be in attendance during such visits, briefing such staff members before the visits and the sourcing and providing of all additional material requested by the regulators during their visits
• Be appointed and act as the person responsible for ensuring FIA compliance by having oversight of AML/CFT&P and Sanctions processes, policies, systems and controls across the company.
• Assist in the development and maintaining of effective AML/CFT&P and Sanctions policies and standards across the company and ensure that such policies and standards are embedded within the businesses operational procedures
• Maintain an ongoing profile of key risks and emerging trends in AML/CFT&P and Sanctions across the company and ensure that resources are focused accordingly.  To monitor and keep up to-date with external developments both domestically and internationally.
• Oversee the management of the AML/CFT&P investigations and external reporting to ensure that reports generated from the automated systems are fully investigated.
• Oversee the management of the investigation and reporting of suspicious and cash transaction reports to the relevant external authorities across the Group and any resulting investigations with the competent authorities
• Ownership of the automated transaction monitoring and sanctions systems and processes, and developments and parameter setting. This would include evaluation of current automated and non-automated systems with a view to continually improving these systems and processes.

Skills

 

Education

Bachelor Of Business: Risk Management And Insurance, Certificate Of Proficiency: Insurance (Specialisation In Short-Term Insurance)

Closing Date: 11 March 2022

 

 

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