At a Glance
- Tasks: Analyse and investigate potential financial crimes to ensure compliance and protect the organisation.
- Company: Join Standard Bank Isle of Man, a leader in financial services.
- Benefits: Fixed term contract with competitive pay and valuable experience in compliance.
- Other info: Opportunity to collaborate with the Financial Intelligence Centre on significant cases.
- Why this job: Make a real difference by combating financial crime and protecting the community.
- Qualifications: 3-4 years in compliance with a National Certificate in Internal Audit.
The predicted salary is between 40000 - 50000 € per year.
This role is a 12-month Fixed Term Contract. To conduct surveillance, analyse and investigate customers with respect to potential terrorist financing and money laundering related to bribery, corruption, other predicate offences or other suspicious activity, based on System and Manual Alerts. 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.
Qualifications:
- National Certificate in Internal Audit
Experience Required:
- 3-4 years experience in Compliance
- Experience in bank processes, products and systems
- Experience in dealing with different stakeholders at different levels both internal and external
- Experience in the realm of Anti-Fraud, Bribery, Market Abuse, Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation
Key Outputs:
- Analyse alerts (System, Manual, Regulatory, Remittance Platform terrorist financing; sanctions breaches, exchange control contraventions and any other legislative breaches)
- Analyse all matters relating to high-risk customers 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
- Capture findings and conclusions in the required reporting format and systems and prepare and submit outcomes as prescribed by relevant policies and procedures
- Collaborate with the Financial Intelligence Centre to address large scale or sensitive financial crimes, as they relate to specific requests issued by the FIC
Financial Crime Analyst (Fixed Term Contract) employer: Standard Bank of South Africa Limited
Standard Bank Isle of Man is an exceptional employer that prioritises compliance and integrity within the financial sector. With a strong commitment to employee development, we offer a collaborative work culture that encourages professional growth and provides opportunities to engage with diverse stakeholders. Located in the picturesque Isle of Man, our team enjoys a supportive environment that values ethical practices and fosters a sense of community among colleagues.
Contact Detail:
Standard Bank of South Africa Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Analyst (Fixed Term Contract)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend relevant events, and connect with professionals on LinkedIn. We can’t stress enough how valuable personal connections can be in landing that Financial Crime Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of compliance and financial crime regulations. We recommend practising common interview questions and scenarios related to money laundering and terrorist financing to show you’re ready for the challenge.
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to discuss specific examples of how you've tackled complex issues in previous roles. We want to see how you think and approach problems, especially in high-pressure situations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Financial Crime Analyst (Fixed Term Contract)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Crime Analyst role. Highlight your experience in compliance, surveillance, and investigation, as well as any relevant qualifications. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about combating financial crime and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Relevant Experience:When filling out your application, be sure to showcase your 3-4 years of experience in compliance and any specific projects you've worked on related to anti-fraud or money laundering. We’re keen to see how you’ve tackled challenges in the past!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application directly. Plus, it shows you’re serious about joining our team at Standard Bank Isle of Man. We can’t wait to hear from you!
How to prepare for a job interview at Standard Bank of South Africa Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of financial crime, especially around money laundering and terrorist financing. Familiarise yourself with relevant legislation and compliance processes, as this will show that you're serious about the role and understand the industry's complexities.
✨Showcase Your Experience
Prepare to discuss your previous experience in compliance and how it relates to the job. Think of specific examples where you've dealt with high-risk customers or analysed alerts. This will help demonstrate your analytical skills and ability to handle sensitive situations.
✨Engage with Stakeholders
Since the role involves working with various stakeholders, be ready to talk about your experience in collaborating with different teams. Highlight any successful partnerships you've built and how you navigated challenges in communication or decision-making.
✨Ask Smart Questions
At the end of the interview, don’t shy away from asking insightful questions. Inquire about the team dynamics, the tools they use for surveillance and analysis, or how they measure success in this role. This shows your genuine interest and helps you assess if the company is the right fit for you.
