Central BCU Manager
- Full-time
- Business Segment: Personal & Private Banking
Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
Due to team expansion, we require someone to manage and lead the central Business Control Unit (BCU) operations ensuring AML risk exposure is managed in line with policies, standards and procedures.
Qualifications
Qualifications, Key Skills & Experience
- Professionally qualified either with an AML or compliance related qualification or banking certification.
- The ability to lead and coordinate people and resources.
- The ability to review and analyse information to make risk-based decisions whilst balancing efficiency and effectiveness.
- High attention to detail with strong organisational and collaboration skills.
- A high awareness of anti-money laundering regulations, including due diligence, and enhanced due diligence requirements.
- Minimum 7 years financial services experience, preferably in a due diligence, AML or Compliance related role.
- Previous people management experience is necessary.
Additional Information
Key Responsibilities
- Manage a team of individuals, supporting them with their overall development, training and development needs.
- Ensure team output is carried out to a high standard and in line with relevant policies and procedures.
- Contribute to the continuous improvement of business control systems, processes and practices.
- Collaborate with the Head of BCU to remain responsive to control weaknesses and business changes.
- Ensure that processes on client reviews and screening are managed and controlled and that all new and existing clients are correctly classified according to existing guidelines to minimise exposure to money laundering and other fraud risks.