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, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

NOTE: This role does not offer Relocation or Sponsorship. Applicants must be eligible to work in Isle of Man.

To define and maintain the Anti-Money Laundering and Combatting Financing of Terror (AML / CFT) Quality Assurance framework covering all Money Laundering and Financing of Terror Surveillance processes, services and products and to conduct end-to-end QA reviews across MLS accordingly, therefore mitigating the potential for operational losses, fines, penalties or reputational damage to the organisation.

Minimum Qualification: 

• Diploma in Risk Management

Experience Required :

• 3-4 years in Compliance - Group Anti Financial Crime 
• Experience in the analysis of money laundering and terrorist financing indicators and trends. Experience in bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external. Experience in quality assurance or audit (i.e. able to conduct qualitative assessment of peer / subordinate work). Experience in an oversight role related to AML / CFT analytics.
• Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.

Key Outputs :

• Contribute to the periodic and ad-hoc system, process or data related reviews (e.g. rule tuning, systems verification, transaction monitoring, bank data testing, quality assurance reviews) as per the respective plans.
• Define and maintain the AML / CFT Quality Assurance framework in the context of relevant money laundering and terrorist financing trends, previous QA outcomes, regulations, legislation, standards, processes, procedures and any relevant guidance. Conduct QA reviews in MLS in accordance with the QA framework. Manage and monitor the implementation of improvements and remedial actions emanating from the QA findings, until close out.
• Execute client facing activities, both internal and external, in line with the agreed policies, procedures and service level agreements.
• Gather all sufficient and appropriate information from all available sources to ensure thorough analytics can be conducted.
• Escalate all high-risk, complex and/or significant issues to the line manager to ensure these matters are dealt with timeously and as per the standards set out it in the relevant functional framework.

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Behavioural Competencies:

• Articulating Information
• Managing Tasks
• Developing Expertise
• Providing Insights
• Following Procedures

Technical Competencies:

• Financial Industry Regulatory Framework
• Fraud Detection and Management
• Identity and Security Compliance
• Promote Good Governance, Risk & Control
• Quality Management System Support
• Risk Management

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