Analyst, Group Financial Crime Compliance, Regulatory Instruction Management

Job Purpose description

To receive, study, interpret, analyse, validate, understand, research, investigate, determine bank exposure and customer behaviour, and conduct forensic data searches, all culminating in the preparation and presentation of Reports and Information Packs to execute Legal and Regulatory Instructions. This is essential in order to contribute to the assurance that business is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation.

Job Typically Reports To

Team Leader, Group Financial Crime Compliance, Regulatory Instruction Management

Job Function

Compliance

Job Family

Transaction or Client Monitoring

Industry Job Title

 Analyst

OFO code

2017-242207 Compliance Officer

Product

• Execute product related activities in line with the agreed policies, procedures and service level agreements.
• Conduct in-depth analysis to ensure that the organisations'' products and services adhere to all relevant legislation and regulations.

Risk, Regulatory, Prudential & Compliance

• Stay abreast of, identify and report / escalate on any new and emerging trends in the legislative and regulatory environment, any product issues or any  risks.
• Participate in all relevant training for the requirements of the role, including legislative and regulatory amendments and any changes to the relevant functional framework, to ensure all analyses is aligned accordingly.
• Continuously maintain an understanding of policies, processes, procedures and systems and review said with the view to find better ways to execute tasks, improve systems, improve training material, improve MLS performance and to influence Group Standards.
• Maintain pro-active awareness of potential high-risk persons or entities through monitoring of open source information (e.g. press releases).
• Escalate all matters relating to high-risk customers and entities containing adverse information, complex and significant issues to line management for immediate action in order to avoid operational losses, fines, penalties or reputational damage to the organisation.
• 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.
• Collaborate with the Financial Intelligence Centre, as and when required, to address large scale or sensitive financial crimes, as they r