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, 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.

Job Description

PLEASE NOTE:

• This role is not open to relocation. Only candidates who have residency and right to work in Jersey can be considered.
• This role is a 12-month Fixed Term Contract

To monitor and review all new account applications across Standard Bank Offshore business units, ensuring that new accounts are reviewed within pre-agreed time scales, sign off of 'standard and medium risk' rated accounts ensuring that these are in line with regulatory, internal and group requirements, contributing to a positive overall client experience

Qualifications

Minimum Qualification:

• Diploma in Risk Management / AML / Financial Crime or similar field of study

Experience Required :

• 3 - 4 years experience in Offshore
• Experience in risk, governance, on-boarding and/ or compliance management in the
  financial services industry with a thorough understanding of relevant regulatory
  requirements and operational risk matters.

Key Outputs :

• Provide quality assurance and independent oversight on key processes or controls and test process adherence through sample checking key processes, outputs and transactions.
• Conduct investigations, data gathering, analysis and in-depth reporting on key risks and issues across all Standard Bank Offshore business areas in order to identify root cause and ensure remedial actions are established to mitigate risks.
• Escalate all high-risk, and significant issues to the line manager to ensure these matters are dealt with timeously and as per the standards set out it in the relevant functional framework.
• Identify, measure, prioritise and respond to all types of risk in the business, and then manage any exposure accordingly.
• Review files and information on potential new clients of all risk ratings, identifying deficiencies and following up on all queries to resolution and ensure that new business reviews are conducted in line with the 'client take on and maintenance manual'.

Additional Information

Behavioural Competencies:

• Checking Things
• Developing Expertise
• Upholding Standards
• Team Working
• Interacting with People
• Documenting Facts

Technical Competencies:

• Evaluating Risk Management Effectiveness
• Evaluation of Internal Controls
• Process Governance
• Promote Good Governance, Risk & Control
• Quality Control
• Risk Awareness
• Risk Identification
• Risk Management
• Risk Reporting

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