Risk and Compliance Analyst

Responsibilities

• Maintain legal and regulatory compliance.

• Analyse data and computer systems to identify trends, develop business insights, optimise processes, reduce risks, and create business strategies.

• Monitor customer accounts and research transactions daily, weekly and monthly to identify suspicious activity in violation of Anti Money Laundering (AML) regulations.

• Analyse and report on compliance with Know Your Customer (KYC) protocols.

• Review and investigate alerts generated from relevant systems, such as the AML monitoring system, and those reported manually, and monitor customers' transactional behaviour against the established profile for possible suspicious transactions; analyse questionable activity, as well as determine if an inquiry and/or investigation is required.

• Investigate suspicious activity to pursue corrective action and/or to eliminate false positives and perform other compliance investigations based on client, regulatory and internal requirements.

• Assist the Senior Risk and Compliance Officer in developing risk policies that enable the definition of risk, process guidelines and a systematic framework and approach to risk management within the company.

• Create and review reports and trend analysis as required.

• ​Research new technologies or techniques using online resources, databases, and other information sources.

Skills, Knowledge & Personality requirements

• Risk Management Processes and Procedures

• Legal and Risk Assessment, Analysis, Mitigation & Management knowledge and Models, as well as Techniques

• Administration

• Statutory and Regulatory Compliance, Compliance Monitoring approaches

• Procedures Design

• Auditing

• Governance

• Computer Literacy

• Organising and Coordination

• Written and Verbal Communication

• Systematic analysis and Research skills

• Problem Solving/sound analytical thinking and Investigative skills

• Drafting / Formulation

• Financial skills

Educational and experience requirements

• NQF 6, a National Diploma in Risk Management, Law, Finance, Auditing, Compliance Management, or similar field.

• 3 years in the financial services industry with an emphasis on regulatory frameworks and compliance in a corporate/commercial environment.as of financial services, sales, client service, and/or administrative systems required.

• A professional Certification in Risk or Compliance and/ or a Certification as AntiMoney Laundering Specialist (CAMS) is an advantage.

Other

• Systematic and Detail-Oriented

• Service Oriented

• Team player

• Positive attitude

• Namibian citizen