Money Laundering Reporting Officer


Share and send to your friends !

Your time is now to be your exceptional best at Old Mutual!

 

Job Description

This exciting and challenging opportunity exists within Old Mutual Life Assurance Company (Malawi) Limited for someone who is passionate about AML. The person will be responsible for all AML related matters including investigations which may result in regulatory reporting to the Financial Intelligence Authority.

  •   Management of PEP List and ensure Senior Management approval is sought before onboarding of PEP client
  •   Assisting the BU with managing the sanction screening end-to-end process
  •   In collaboration with the BU Compliance Officer, carry out annual reviews of high risk clients and periodic reviews of medium and low risk clients
  •   Follow up with Business Development Officers on remediation of non-compliant KYC files and report on progress of remediation to Operations Manager and Business Unit Compliance Officer
  • Ensuring that AML/CFT information is collated, analyzed and prepared for the various stakeholders within the required timelines.
  • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate non compliance with AML/CFT regulations.
  • Investigations of:
    • Reportable large currency transactions (LCTR) generated through the monitoring system and/or reported by business and ensuring timeous submission to the Financial Intelligence Authority (FIA);
    • Suspicious and unusual transactions and activity (STR) reported by the business and or generated through the monitoring system and ensuring timeous submission; and
    • Results generated through the screening process iro sanctions, Domestic Prominent Influential Persons (DPIP), Foreign Prominent Public Officials (FPPO) and/or Politically Exposed Persons (PEP)

Skills

Education

Bachelor of Arts (BA)

Closing Date

21 December 2021

To apply for this job please visit oldmutual.wd3.myworkdayjobs.com .

Job brief At KCHKNA we are inviting an experienced Chief Financial Officer or CFO to join our growing corporation. The CFO will devise ingenious financial management strategies, including helping our…
David Consulting Engineers Limited are looking for qualified and experienced Engineers and other staff for the following position: Assistant Resident Engineer A minimum qualification of B.Sc. in Civil Engineering or…
Date:  24-Jan-2022 Location:   Flexible, Flexible Company:  Plan International The Organisation Plan International is an independent development and humanitarian organisation that advances children’s rights and equality for girls. We believe…
Mary’s Meals  is a global movement supported by people from all walks of life and we are focused on one goal – that every child receives a nutritious daily meal…
POSITION  : Procurement Officer Grade :  D1 Organisational Unit :  Supply Chain Management Reporting To :  Procurement Manager Duty Station :  Head Office Job Type :  Full-time   SPECIFIC DUTIES…
Job purpose Responsible for preparing financial accounts in a timely manner. Key Responsibilities Process and code invoices, credit notes and receipts Gather, analyze and report on information about income and…