Anti-Money Laundering Analyst

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Job Description

This exciting and challenging opportunity exists for an Anti-Money Laundering Analyst within Group AML Compliance for someone who is passionate about AML Compliance. This role centers on the responsibilities of section 42 of the Financial Intelligence Centre Act No 38 of 2001, as amended.

Key Result Areas / Outputs

• Review and investigate alerts generated from the Actimize platform in accordance with approved SOPs and internal standards.
• Ensure alert reviews are performed consistently and aligned to documented procedures to support governance and regulatory defensibility.
• Assess sanctions, PEP, adverse media and SAM alerts and determine true matches versus false positives.
• Conduct transactional analysis to identify unusual activity, suspicious behaviour and potential money laundering typologies.
• Conduct investigations and prepare high risk reports for Committee/Executive approvals.
• Maintain clear, structured and audit ready case documentation for all alerts reviewed.
• Escalate potential true matches or suspicious matters in line with internal escalation and reporting procedures.
• Ensure alerts are reviewed within defined SLAs and regulatory timeframes.
• Support quality assurance reviews by addressing findings and strengthening control consistency.
• Identify recurring data, system or process gaps impacting alert quality and escalate for remediation.
• Contribute to governance reporting on alert volumes, ageing, trends and emerging risks.
• The above responsibilities are not exhaustive and may evolve in line with regulatory requirements, business needs and enhancements to the financial crime control framework.

Qualifications, Skills and Experience:

Qualifications

• Matric/ Grade 12
• Certificate in Anti Money Laundering and Compliance Management, advantageous, or equivalent combination of professional experience
• CAMS or CFE advantageous

Experience:

• 5+ years’ experience as an AML Analyst in the compliance or regulatory environment
• Working knowledge of applicable legislation including the FIC Act, POCDATARA and POCA 5+ years’ experience in transaction monitoring, sanctions screening or alert management environments
• Understanding of Actimize customer due diligence, sanctions, PEP, adverse media and SAM processes
• Experience working within a financial services environment

Key behavioural skills and attributes that would make a candidate successful in this role:

• Strong analytical thinking and ability to assess risk objectively
• High attention to detail and commitment to producing accurate, defensible work
• Ability to operate within structured SOPs and governance frameworks
• Sound judgement when assessing alerts and escalating matters
• Ability to work under pressure and meet defined SLAs and regulatory timeframes
• Ability to collaborate effectively within a control and oversight environment
• Demonstrates accountability and ownership of assigned investigations
• Comfortable working in a data driven and system based environment
• Adaptable to regulatory and system changes within the financial crime landscape

Core competencies:

• Analytical strength
• Innovation (Perspective)
• Execution within SLA
• Personal Mastery (Learning)
• Collaboration (Relating)

Skills

Action Planning, Data Controls, Financial Auditing, Information Compilation, Information Management, Numerics, Oral Communications, Planning and organisational skills, Policies & Procedures, Risk Based Approach, Risk Management

Competencies

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent (Required)

Closing Date

30 September 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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