Company Description

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, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

PLEASE NOTE:

This role is not open to relocation.  Only candidates who have residency and right to work in the Isle of Man can be considered.This role is a 6-month Fixed Term Contract

To supervise and be responsible for regulatory and SB Offshore requirements in managing and controlling risk exposure arising within Banking principally from Operational and Anti-Money Laundering Risks in line with procedures and processes that exist to minimise the risk to the bank. To support the management of the Business Control Unit ('BCU') and act as a source of guidance and expertise within the business as appropriate

Qualifications

Minimum Qualification: 

Secondary/High school/A levels/Matric

Experience Required :

3 - 4 years experience in Business Control Unit OffshoreIdeally, a minimum of 3 years financial services experience, preferably in a Risk, AML or Compliance department, with a thorough understanding of Anti-Money Laundering and Operational Risk matters.

Key Outputs :

Assist with the administration of Operational and Anti-Money Laundering Risks within the businessUndertake client reviews, (CBB, IPB, and IWI), as per the schedule and inline with the SBO Client take on and maintenance manualUndertake trigger reviews, where applicable, in line with procedureConduct ongoing monitoring of client transactions and source of funds as required, including the monitoring and review of daily alerts from various information sourcesAct as a point of contact within the business in respect of account queries such as Source of Funds documentation and releasing of payments

Additional Information

Behavioural Competencies:

Checking ThingsDeveloping ExpertiseDocumenting FactsExploring PossibilitiesFollowing ProceduresInteracting with PeopleManaging TasksMeeting TimescalesTaking ActionTeam WorkingUpholding Standards

Technical Competencies:

Customer Understanding (Business Banking)Fraud Detection and ManagementQuery ResolutionRisk AwarenessUse of Process Design Tools & Systems

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