Standard Bank Offshore is the offshore arm of the Standard Bank Group,  a leading Africa-focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services   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 and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

8-month Fixed Term Contract- NO Relocation will be considered

Support and maintain the risk and compliance frameworks and internal control measures for The Standard Bank South Africa Limited Isle of Man Branch (SBSAIOM) and Standard Finance Limited (SFL). Perform daily cash reconciliations to minimise financial exposure and client impacts, and act as a source of guidance and expertise within the business.

Minimum Qualifications

• Business related qualification with Risk and Compliance

Experience Required

• 3-4 years Ideally, a minimum of 3 years financial services experience, preferably in a Risk, AML or Compliance department, with a thorough understanding of Anti-Money Laundering and Operational Risk matters.

Outputs:

• Perform daily cash reconciliations, to minimise financial exposure and client impacts. Ensure outstanding items are escalated and resolved efficiently, whilst taking ownership of BCU items.
• Complete client onboarding and periodic Know Your Customer (KYC) reviews in a timely manner for all client risk profiles, whilst adhering to policy, procedure and regulatory requirements and timeframes.
• Partner with internal stakeholders to assess risk management gaps and incidents for products offered and serviced through SBSAIOM, and implement internal controls required to minimise financial losses or penalties incurred as a result of incidents.
• Assist in the identification, investigation and reporting of incidents and breaches to continuously manage identified risks within SBG and IOM risk and regulatory standards.
• Prepare required daily, weekly, monthly, and ad hoc risk and regulatory Management Information (MI) according to regulatory and SBG standards to inform decision making, quality assurance and audit requirements.

Technical Competencies:

• Evaluating Risk Management Effectiveness
• Compliance
• Data Management
• KYC- Know your Customer