Specialist, Financial Crime Compliance Officer

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.

To, within Standard Bank Isle of Man (SBIOM) and SBSA IOM Branch, support the implementation of the IOM Financial Crime Compliance (FCC) Policies and Standards. To also support the implementation of the Group Financial Crime Compliance AR & Offshore Strategy. To provide specialist Financial Crime Compliance related guidance and advice. To identify and address FCC specific awareness and training needs. This is essential to assure that SBIOM & SBSA IOM Branch are conducting business in a compliant manner to avoid operational losses, fines, penalties or reputational damage.

Minimum Qualification: 

• First Degree in Risk Management

Experience Required :

• 3 - 4 years experience in Compliance
• FCC in the banking or financial industry. FCC frameworks. Risk assessments and risk-based approach to compliance. Strategic planning and operationalisation. Banking Products, Processes, Systems and Data.
• The role requires an expert in Compliance with profound knowledge of the full dimensions of the field, but deep expertise in the relevant area of specialisation. Regulatory environment savvy, with the proven ability to influence all levels of employees across multiple countries and business areas to effectively implement compliance frameworks.

Key Outputs :

• Advise on the collection, capturing and maintenance of data to ensure the information is reliable and therefore will effectively guide critical business decisions.
• Build, develop and maintain relationships with the key internal and external stakeholders relevant to the functional area and / or area of specialisation.
• Contribute in the setting of the AML/CFT technology plan in the context of the Group Compliance Function's plan and Group IT plan. Provide domain expertise to develop the relevant technological requirements. Adhere to and implement the relevant technology standards developed by the IT Function.
• Contribute to the implementation and maintenance of a reporting system that ensures that efficient, high quality and consistent reporting is delivered as required to the relevant committees, forums and regulators.
• Contribute to the provision of input and support to the line manager to ensure high quality reporting and assurance to the relevant Boards, Executive Management, Audit Committees, the Regulator and other relevant forums.

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Checking Things
• Convincing People
• Generating Ideas
• Interacting with People

Technical Competencies:

• Compliance
• Financial Industry Regulatory Framework
• Legal Compliance
• Promote Good Governance, Risk & Control
• Risk Management
• Strategic Planning and Reporting

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