58 Financial Crime jobs in South Africa

Business Unit: Discovery Bank

Function: Compliance

Date: 3 Sept 2025

About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As globalthought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Bank

Discovery Bank is a bank like no other – a shared-value bank, designed with our clients in mind. We are all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards. Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well. If you are adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment that's safe and nurturing.

Job Purpose

The Financial Crime Analyst will conduct Anti-Money laundering (AML) and Counter Financing of Terrorism (CFT) activities on behalf of the Discovery Bank, providing assurance to senior management that the requirements of our external financial regulators are being complied to. In addition, providing assurance that our business is conducted in accordance with the Discovery Bank Financial Crime Compliance policies, procedures and processes.

Areas of responsibility may include but not limited to

• Must have detailed knowledge and experience working with Refinitiv World Check for investigations.
• Must have detailed knowledge and experience working with NICE Actimize modules namely RCM, WLF, CDD and SAM.
• Must have detailed knowledge and experience working with Firco Soft Accuity Real-Time Payments screening solution. Must be able to read FUF.
• Must have detailed knowledge and experience on analysing payments in real-time from a sanctions screening perspective, efficiently and effectively.
• Conduct sanctions, PEP, financial crime reviews and investigation management of potential new and existing bank clients to ensure any relevant risks are identified and mitigated.
• Assist with on-going monitoring of clients, investigating transactional behaviour from automated and semi-automated screening tools.
• Must be technically strong and have the ability to learn the Banks core banking system.
• Ensure tasks allocated are accurately completed on a timely basis and meet professional business writing requirements.
• React timeously to all requests from external parties (regulators, external auditors, etc.) and provide accurate and complete information in relation to these requests.
• Conducts in-depth reviews and investigations on suspicious transaction activity occurring within the bank.
• Ability to work across different functional teams.
• Ability to learn and apply Financial Crime Compliance processes.
• A team player who has the ability to work well in a fast paced, motivated team.
• Must have cross-functional experience across all mentioned systems and solutions to ensure integration into the team.

Skills

• Have an ability to take responsibility of investigations completed within SLA's.
• Take initiative, act with confidence and efficiency.
• Have an understanding of the core principles of an effective Compliance function.
• Have an ability to analyse, interpret and client transactional behaviour.
• Be proficient in MS Excel, Word, case management tools

Qualifications

• University Degree - Legal or Commerce preferred
• Certificate in ACAMS preferable

Work Experience

• Minimum 3 to 5 years' cross functional experience working in Customer Due Diligence, Sanctions, AML/CFT, Suspicious Activity Monitoring, and Real-time Payments screening team.
• 3 to 5 years working experience and understanding on NICE Actimize modules such as RCM, WLF, CDD and SAM.
• Performing alert investigations, case management, assisting in decision making on investigations.
• 3 year working experience on Firco Soft Accuity Real-Time Payment Sanctions Screening solution.
• Have knowledge of the legislative and regulatory environment and reporting requirements imposed by South African Regulators (SARB and FIC) specifically in relation to FICA and other applicable legislation.

EMPLOYMENT EQUITY

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Requisition Details & Talent Acquisition Consultant

REQ Thembi Mtshali

Location: Johannesburg

Job Family

Investment Banking

Career Stream

Quantitative

Leadership Pipeline

Manage Managers

Job Purpose

To lead a specialist team of quantitative analysts in developing, implementing, and optimising advanced data-driven solutions that proactively detect, prevent, and manage financial crime risks. This role is pivotal in safeguarding Nedbank's integrity, ensuring regulatory compliance, and enhancing the effectiveness of the financial crime risk management framework in alignment with Nedbank's risk appetite, strategic objectives, and transformation goals.

Job Responsibilities

Strategic Leadership & Team Management

• Develop a High-Performing Team: Cultivate a centre of excellence for financial crime analytics by identifying, attracting, and retaining top quantitative talent. Maintain a high-performing team by conducting career conversations, applying talent grid principles, and developing retention programmes.
• Foster Growth and Retention: Implement talent development programmes and encourage knowledge sharing in areas like machine learning, statistical modelling, and data science. Build depth of skills and knowledge by sharing insights across the team.
• Drive Transformation: Champion Nedbank's transformation goals, aligning team development with B-BBEE and employment equity targets. Contribute to a culture of transformation through participation in Nedbank initiatives and CSI.
• Promote a Culture of Innovation: Encourage constructive debate and continuous improvement of financial crime detection models, systems, and processes.
• Performance Management: Manage departmental performance through clear vision, performance agreements, and accountability structures. Identify development needs and ensure continuous improvement by challenging the status quo.

Quantitative Modelling & Analytics

• Model Development & Optimisation: Oversee the lifecycle of financial crime models including transaction monitoring, customer risk rating, sanctions screening, and fraud detection.
• Advanced Quantitative Analytics: Lead and drive the development and application of a sophisticated analytical framework to uncover and pre-empt complex financial crime patterns, anomalies, and emerging threats. Leverage a diverse quantitative toolkit that encompasses advanced statistical modelling, network science, and Natural Language Processing, including the implementation of targeted machine learning techniques to enhance detection accuracy and operational efficiency.
• Data-Driven Insights: Translate analytical outputs into actionable intelligence for stakeholders.
• Scenario Tuning & Validation: Ensure models are rigorously tested and calibrated to balance risk detection and false positives.

Governance, Risk & Compliance

• Regulatory Adherence: Support Nedbank in ensuring compliance with FICA, FIC, PA, and other relevant regulatory requirements.
• Model Risk Management: Maintain governance frameworks for model documentation, validation, and performance monitoring.
• Reporting & MI: Deliver high-quality MI and regulatory reporting on financial crime controls and risk exposure.
• Compliance & Decision-Making: Ensure compliance and make quality, timely decisions aligned with business strategy.

Stakeholder Management & Business Partnership

• Business Alignment: Collaborate across Group Risk and business units to ensure analytical solutions are aligned with strategy.
• Strategic Advisory: Provide quantitative insights to inform financial crime risk appetite and strategic initiatives.
• Vendor Management: Manage vendor contracts and performance to ensure value for money.

Operational Excellence

• Efficiency & Optimisation: Identify resource inefficiencies and promote optimisation through multi-skilling and capacity gap management.
• Budget Management: Manage departmental budgets (where applicable) and introduce new business initiatives to improve revenue.
• Service Delivery: Deliver services that meet internal client expectations and foster a client-centric culture.
• Process Enhancement: Enhance systems and processes to support strategic goals.

Essential Qualification

• A postgraduate degree (Honours) in a quantitative field such as Statistics, Mathematics, Computer Science, Data Science, Engineering, or a related discipline.

Preferred Qualification

• An equivalent of a Master's degree or higher in a relevant quantitative field.
• Relevant certifications.

Minimum Experience Level

• Minimum 8-10 years of experience in a quantitative analytics environment.
• At least 3-5 years of leadership experience, managing a team of technical specialists.
• Proven experience in developing and implementing scorecard or statistical or machine learning models in a banking or financial services context.

Technical / Professional Knowledge

• Programming & Data Manipulation: High proficiency in languages like Python, and experience with SQL for complex data extraction and manipulation.
• Advanced Analytical & Modelling Strategy: A deep, strategic command of a broad spectrum of advanced quantitative techniques, with the proven ability to direct a team on their selection and application to solve complex business problems.
• Financial Crime Systems: In-depth understanding of the architecture and functionality of financial crime systems (e.g., transaction monitoring, screening engines, case management).
  
  Data Visualisation: Expertise in using tools like Tableau, Power BI, or Python libraries (e.g., Plotly, Matplotlib, Seaborn) to communicate complex findings effectively.
• Regulatory Knowledge: Understanding of the South African financial crime regulatory environment and global standards (e.g., FATF recommendations).

Behavioural Competencies

• Entrepreneurship
• Sharing Responsibility
• Strategic Influence
• Cultivating Networks and Partnerships
• Compelling Communication
• Driving Execution

Disclaimer

Preference Recruiting Team at will be given to candidates from the underrepresented groups

Please contact the Nedbank.

-

Please contact the Nedbank Recruiting Team

Empowering Africa's tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To offer guidance and support, while also providing specialized assurance expertise, to help deliver a high-quality and independent risk-based assessment of the effectiveness of financial crime risk management across Absa Group Limited.

Job Description

Assurance:

• Support the Assurance manager in the identification of risks to be tested by participating in planning sessions
• Develop an in-depth knowledge of Absa and the various business areas and use this knowledge to assess financial crime risks and controls through identifying, assessing and documenting risks and controls within these processes.

Team work:

• Engage proactively with assurance colleagues during assurance reviews and request technical assistance where required and based on knowledge of business areas, provide guidance to other assurance colleagues and peers by sharing best practice so that their work meets and sometimes exceeds quality standards.

Relationship Management:

• Develop and maintain relationships with key contacts on each assurance review by attending continuous stakeholder meetings. In addition, engage closely with stakeholders during assurance engagements and encourage open discussion and interaction with business on the risks associated in their environment

Commercial:

• Display professional scepticism, raising and discussing contentious observations with management and provide evidence to support all issues identified.

• Apply the highest standards of controls and risk management practices and behaviours and embed a positive risk and control culture.

• Deliver all assigned assurance review planning documents (RCM and AM) in terms of quality, quantity, timeliness and efficiency.
• Deliver all assigned assurance review working papers including Issue Validation & CPA working papers in terms of quality, quantity, timeliness and efficiency.
• Identify and document assurance issues that have clear business impact and root causes that demonstrate your deep understanding of the issue and its context and ensure action plans remediates the root cause.
• Deliver simply and timely assurance reports in plain language, working with the business to maximize the effectiveness of their control environment.
• The Highbond review file, work papers and Issue Validation working papers complies with quality guidelines and the Financial Crime Assurance Team methodology throughout the review and issue lifecycles.
• Sponsor the use of Data Analytics (DA) more extensively

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

About us:

We believe the next generation of financial services will be powered by stablecoins.

Founded in 2021, our mission at BVNK is to accelerate global money movement.

We're building stablecoin-native infrastructure so businesses can move value instantly across borders and networks. With global licenses and T1 bank partnerships, we facilitate billions in transactions for enterprise clients like Worldpay, Deel, LianLian Global, and Rapyd.

Our technology is transforming how businesses operate globally by eliminating payment delays, reducing costs, and unlocking trapped capital.

We're a diverse team spread across EMEA, North America, and APAC, with a shared belief that stablecoins are the new infrastructure layer for financial services, and that BVNK is at the forefront of this shift.

In 2025, we secured strategic investment from Visa, following our $50 million Series B with Haun Ventures, Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global. With the backing of these leading investors, we're accelerating our growth – and we're looking for smart, ambitious people to help us build the future of financial services.

We're incredibly honored to have made Newsweek's list of The Top 100 Global Most Loved Workplaces three years running (most recently in 2025) and to have been recognised by LinkedIn as one of the Top 20 Startups in the UK in 2024.

About this role in the team:

We're looking for an experienced Financial Crime Product Manager to join our team. In this role, you will be responsible for the end-to-end product lifecycle of our financial crime tools and systems, managing the engineering backlog, and driving a roadmap focused on mitigating financial crime risk. This role is crucial to ensuring our technology remains robust, compliant, and ahead of evolving threats like money laundering, fraud, and sanctions evasion.

You will act as the key liaison between the business and our engineering teams, translating complex financial crime requirements into clear, actionable user stories. You will manage the backlog, prioritize tech debt, and champion new features and innovation that directly enhance our ability to detect and prevent illicit financial activity across multiple product lines.

• Product Strategy & Roadmap: Develop and maintain a clear, prioritised product roadmap for all FinCrime tools and systems. Ensure this roadmap aligns with business objectives, regulatory requirements, and our overall risk strategy.
• Backlog Management: Own and manage the engineering backlog. This includes writing detailed user stories, refining requirements, and prioritising features, enhancements, tech debt, and bugs to ensure a continuous and efficient development cycle.
• Stakeholder Management: Serve as the primary point of contact for engineering teams. Effectively communicate product vision, requirements, and priorities. Work closely with Compliance, Legal, Financial Crime Intelligence, and other business stakeholders to gather requirements and define product solutions.
• Innovation & Enhancement: Proactively identify opportunities for innovation and new features that improve the effectiveness and efficiency of our financial crime prevention capabilities. This includes leveraging new technologies like machine learning and AI to enhance our detection models.
• Regulatory & Compliance Expertise: Stay up-to-date with global financial crime regulations (e.g., AML, KYC, Sanctions, and Fraud) and emerging trends. Ensure our products are built and maintained in a way that meets or exceeds these compliance standards.
• Performance Analysis: Define and track key performance indicators (KPIs) for our FinCrime products. Use data and insights to inform product decisions, measure success, and identify areas for improvement.
• Risk & Prioritization: Prioritise work based on a clear understanding of risk, business value, and technical complexity. Make difficult trade-off decisions to balance competing priorities from different business units.

• 3+ Years of experience as a Product Manager, preferably within the FinTech, Financial Services, or a related technology-driven environment.
• Proven experience managing an engineering backlog and working directly with development teams in an Agile or Scrum framework.
• Strong understanding of financial crime prevention, including Anti-Money Laundering (AML), Know Your Customer (KYC), Sanctions Screening, and Fraud Detection.
• Excellent communication skills with the ability to articulate complex technical and regulatory concepts to both technical and non-technical audiences.
• A data-driven mindset and a track record of using data to inform product decisions.
• Experience in a highly regulated industry.

• Familiarity with financial crime tools and platforms (e.g., Transaction Monitoring systems, Case Management tools, Sanctions Screening software).
• Experience with multiple products and complex stakeholder groups.

What you can expect from us:

• Fair and competitive salary at every stage of your growth
• Meaningful ownership in the business through our employee option scheme
• Flexible working hours, with hybrid working at its heart
• A culture built on passionate, growth-minded people
• A flexible approach to holiday
• Opportunities to travel to our offices around the world
• An open and creative environment where you can help us define the future of BVNK, its culture, and its opportunity sets

At BVNK, we are focused on building a diverse and inclusive team. While you may not meet all of our requirements, we'd encourage you to apply if you meet the majority of our expectations. You may be a great fit for this role or another role in our team.

Role Type: 6-month fixed-term contract, with potential to extend

Location: Hybrid/ remote, must be Cape Town, South Africa-based

Salary: R25,000-34,000 depending on experience

Working Pattern:

• 40 hours per week
• 5 out of 7 days Monday-Sunday (Shifts)
• Hours between 0700 and 2100 BST

Midnite is a next-generation betting platform that is built for today's fandom. We are a collective of engineers and designers who all share a passion for sports and gaming. We exist to bring fans closer to the games they love through the rush of winning money.

Unlike the alternatives, Midnite doesn't feel like a website built two decades ago. Instead, it's a cutting-edge creation, designed and constructed from the ground up with the latest technologies. Crafting an experience that's truly intuitive, immersive, and immediately understandable is no walk in the park, but we thrive on the challenge. We believe we're on the brink of creating something truly awesome. 

We're looking for a sharp, detail-obsessed AFC Analyst to join our growing Anti-Financial Crime team. You'll be at the forefront of our AML operations - investigating customer backgrounds, reviewing documents, and spotting red flags to help protect the integrity of our online casino platform. This full-time role will support the Anti-Financial Crime function within the compliance department across various shifts.

This role will be multi-disciplinary, with the main responsibility being AFC, as part of our commitment to helping reduce the likelihood of gambling-related harm amongst our customer base. You will be expected to learn basic level knowledge of our Safer Gambling processes, and there will be opportunities to multi-skill and gain more in-depth knowledge of other Compliance functions.

• Conducting in-depth reviews on customers, focusing on gameplay abnormalities, transactional activity and document analysis.
• Analysing bank statements and supporting documents to identify potential AML, fraud, or AFC risk indicators.
• Escalating suspicious activity and preparing SARs in line with internal policy and regulatory expectations.
• Handling PEPs and Sanctions checks, along with a full audit log and reasoning.
• Support in fraud prevention processes to safeguard the business and minimise exposure to fraudulent activity.
• Collaborating with other AFC team members to strengthen controls and improve processes.
• Maintaining clear, auditable records of all casework in accordance with LCCP, MLRs, and internal standards.
• Keeping current with emerging risk typologies, especially those relevant to online gambling
• Interact with customers via inbound & outbound chats and emails, as well as outbound calls on occasion.

• 1+ year of experience in an AML function, ideally within the online gambling sector, is beneficial but not required.
• Strong working knowledge of UK Money Laundering Regulations (MLRs) and Gambling Commission guidance is also beneficial.
• Confident in reviewing and interpreting financial documents - especially bank statements, payslips, and income evidence.
• Analytical mindset with strong attention to detail and risk awareness.
• Comfortable working independently and managing a remote workload effectively.
• Fluent in English, both written and verbal.
• Demonstrates the capacity to manage multiple tasks concurrently while upholding exceptional standards.
• Thrives in real-time scenarios, promptly responding to alerts, especially within dynamic and fast-paced environments.
• Possesses the capability to process and interpret data, draw necessary conclusions and take corresponding actions.
• Displays robust verbal and written communication skills, facilitating seamless customer and colleague interaction.
• Quickly absorbs and applies information, showcasing the ability to work autonomously when required.
• Initiates identifying potential issues with customers or those at risk, addressing concerns before they escalate.
• Aligns well with the Midnite culture, excelling in collaboration within a small team dynamic.

• Requirement to work five days in seven
• 9 hour shifts between 7am-9pm BST

• You'll have a key role in which you'll be integral to our company culture and help shape the direction.

• Join our frequent company-wide gatherings and game nights that draw our community closer together.

• Enjoy 33 paid holidays a year.

At Midnite, we're committed to creating equal opportunities for everyone. We actively strive to build balanced teams that reflect the diversity of our communities, including ethnic minorities, people with disabilities, the LGBTQIA+ community, and all genders.

We aim to provide an inclusive and supportive interview experience for all candidates. If you require any reasonable adjustments, please let us know in advance so we can ensure you feel comfortable and set up for success.

Role type: 6-month contract, with potential to extend

Location: Hybrid/ remote - Must be Cape Town, South Africa-based

Salary: R25,000-34,000 Depending on Experience

Working pattern:

• 4 on 4 off shift pattern
• 12.5 hours between 1830 and 0900 BST
• 1hr lunch included

Midnite is a next-generation betting platform that is built for today's fandom. We are a collective of engineers and designers who all share a passion for sports and gaming. We exist to bring fans closer to the games they love through the rush of winning money.

Unlike the alternatives, Midnite doesn't feel like a website built two decades ago. Instead, it's a cutting-edge creation, designed and constructed from the ground up with the latest technologies. Crafting an experience that's truly intuitive, immersive, and immediately understandable is no walk in the park, but we thrive on the challenge. We believe we're on the brink of creating something truly awesome.

We're looking for a sharp, detail-obsessed AFC Analyst to join our growing Anti-Financial Crime team. You'll be at the forefront of our AML operations - investigating customer backgrounds, reviewing documents, and spotting red flags to help protect the integrity of our online casino platform. This full-time role will support the Anti-Financial Crime function within the compliance department across various shifts.

The shift pattern is 4 on 4 off, 12.5 hour shifts (averaging 40 hours a week across the year). Shifts can vary but can be 12.5 hours between the hours of 18:30 and 09:00 BST.

This role will be multi-disciplinary, with the main responsibility being AFC, as part of our commitment to helping reduce the likelihood of gambling-related harm amongst our customer base. You will be expected to learn basic level knowledge of our Safer Gambling processes, and there will be opportunities to multi-skill and gain more in-depth knowledge of other Compliance functions.

• Conducting in-depth reviews on customers, focusing on gameplay abnormalities, transactional activity and document analysis.
• Analysing bank statements and supporting documents to identify potential AML, fraud, or AFC risk indicators.
• Escalating suspicious activity and preparing SARs in line with internal policy and regulatory expectations.
• Handling PEPs and Sanctions checks, along with a full audit log and reasoning.
• Support in fraud prevention processes to safeguard the business and minimise exposure to fraudulent activity.
• Collaborating with other AFC team members to strengthen controls and improve processes.
• Maintaining clear, auditable records of all casework in accordance with LCCP, MLRs, and internal standards.
• Keeping current with emerging risk typologies, especially those relevant to online gambling
• Interact with customers via inbound & outbound chats and emails, as well as outbound calls on occasion.
• Occasionally assist with various safer gambling processes where required, including conducting contacts with vulnerable individuals.

• 1+ year of experience in an AML function, ideally within the online gambling sector is beneficial but not required.
• Strong working knowledge of UK Money Laundering Regulations (MLRs) and Gambling Commission guidance is also beneficial.
• Confident in reviewing and interpreting financial documents - especially bank statements, payslips, and income evidence.
• Analytical mindset with strong attention to detail and risk awareness.
• Comfortable working independently and managing a remote workload effectively.
• Fluent in English, both written and verbal.
• Demonstrates the capacity to manage multiple tasks concurrently while upholding exceptional standards.
• Thrives in real-time scenarios, promptly responding to alerts, especially within dynamic and fast-paced environments.
• Possesses the capability to process and interpret data, draw necessary conclusions and take corresponding actions.
• Displays robust verbal and written communication skills, facilitating seamless customer and colleague interaction.
• Quickly absorbs and applies information, showcasing the ability to work autonomously when required.
• Initiates identifying potential issues with customers or those at risk, addressing concerns before they escalate.
• Aligns well with the Midnite culture, excelling in collaboration within a small team dynamic.

• Nights. Shifts will be a 4 on 4 off pattern, 12.5-hour shifts with a 1-hour lunch break included between the hours of 18:30 and 09:00 BST.

• You'll have a key role in which you'll be integral to our company culture and help shape the direction.

• Join our frequent company-wide gatherings and game nights that draw our community closer together.

• Enjoy 33 paid holidays a year.

At Midnite, we're committed to creating equal opportunities for everyone. We actively strive to build balanced teams that reflect the diversity of our communities, including ethnic minorities, people with disabilities, the LGBTQIA+ community, and all genders.

Job Description

• Risk Monitoring & Fraud Detection
• AML (Anti-Money Laundering) Expertise
• Data Analysis & Reporting
• Operational & Shift Management
• Communication & Collaboration
• Critical Thinking & Decision Making
• Technical Skills (implied)

Responsibilities

• Monitor transaction alerts to respond to suspicious behaviour.
• Monitoring card deposits (foreign and local) on a 24/7 roster basis.
• Screen clients within 15 minutes to make an informed decision around the account behaviour.
• Overseeing FICA accounts, absorbing risk from betting activities.
• Providing standby support to the betting risk team during high risk or peak periods.
• Collaborate closely with the AML team to identify and escalate potential money laundering activities, ensuring alignment with regulatory obligations.
• Share data and insights with internal teams to support suspicious activity reporting and ongoing investigations.
• Work with the management team to enhance financial detection and risk scoring systems.
• Ability to work scheduled shifts on a 24hrs/7days a week on a roster basis.
• Provide guidance to internal and external partners e.g. Customer Support, Operations teams and Banking institutions.
• Be able to justify and evidence decision making processes taken.
• Ability to think critically

Qualifications

• Completed Matric with English and Mathematics
• Completed or studying towards a diploma/degree, majoring in law, Fraud, auditing, banking or accounting, data analysis, business intelligence, policing or risk management.
• Computer literate
• Valid driver's license.
• Experience with fraud or case management, policing detection or investigations, customer investigations, data analysis or auditing.
• Experience in banking, Compliance, anti-money laundering or Forensics, risk management.
• Experience in KYC and risk profiling

Business Unit: Discovery Bank

Function: Compliance

Date: 3 Sept 2025

About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Bank

Discovery Bank is a bank like no other – a shared-value bank, designed with our clients in mind. We are all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards. Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well. If you are adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment that's safe and nurturing.

Job Purpose

The Bank has a responsibility to comply with all Financial Crime legislation as set out by the different regulatory bodies specifically drafted for Banks. It is the Bank's duty to always maintain compliance with the above legislation across people, processes and systems to ensure we combat Money Laundering and the Financing of Terrorism. Based on the Banks strategic intent to always remain compliant and to combat Financial Crime, the Bank has created a Financial Crime Compliance Function. The Financial Crime Compliance Officer who will work in this function will conduct Anti-Money laundering (AML) and Counter Financing of Terrorism (CFT) activities on behalf of the Discovery Bank, providing assurance to senior management that the requirements of our external financial regulators are being complied to. In addition, providing assurance that our business is conducted in accordance with the Discovery Bank Financial Crime Compliance policies, procedures and processes.

Areas of responsibility may include but are not limited to

• Must have basic knowledge and experience working with Refinitiv World Check for investigations.
• Must have basic knowledge and experience working with NICE Actimize modules namely RCM, WLF, CDD and SAM.
• Conduct sanctions, PEP, financial crime reviews and investigation management of potential new and existing bank clients to ensure any relevant risks are identified and mitigated.
• Assist with on-going monitoring of clients, investigating transactional behaviour from automated and semi-automated screening tools.
• Must be technically strong and have the ability to learn the Banks core banking system.
• Ensure tasks allocated are accurately completed on a timely basis and meet professional business writing requirements.
• React timeously to all requests from external parties (regulators, external auditors, etc.) and provide accurate and complete information in relation to these requests.
• Conducts in-depth reviews and investigations on suspicious transaction activity occurring within the bank.
• Ability to work across different functional teams.
• Ability to learn and apply Financial Crime Compliance processes.
• A team player who has the ability to work well in a fast paced, motivated team.

Skills

• Have an ability to take responsibility of investigations completed with SLA's.
• Take initiative, act with confidence and efficiency.
• Have an understanding of the core principles of an effective Compliance function.
• Have an ability to analyse, interpret and client transactional behaviour.
• Proficiency in MS Excel, Word, case management tools.

Qualifications

• University Degree (Legal or Commerce preferred).
• Certificate in ACAMS preferable.

Work Experience

• Minimum 1 to 3 years' cross functional experience working in Customer Due Diligence, Sanctions, AML/CFT, Suspicious Activity Monitoring, and Real-time Payments screening team.
• 1 to 3 years working experience and understanding on NICE Actimize modules such as RCM, WLF, CDD and SAM.
• Experience performing alert investigations, case management, assisting in decision making on investigations.
• Knowledge of the legislative and regulatory environment and reporting requirements imposed by South African Regulators (SARB and FIC) specifically in relation to FICA and other applicable legislation.

EMPLOYMENT EQUITY

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Job Description

To operationally implement the Group criminal litigation strategy, operationally support and provide solutions to mitigate legal risk via the implementation of Group Fraud and Physical Security frameworks, policies, processes and procedures.

To comply with legal and regulatory requirements and provide guidance to the investigations and relevant teams.

Hello Future Financial Crime Risk Legal Advisor

Welcome to FirstRand, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of the people who make it happen.

In partnership with Group Financial Crime and Security Risk Management (GFCSRM), Legal, and Investigations teams, you will operationally implement the Group criminal litigation strategy. You'll support and provide solutions to mitigate legal risk through the implementation of frameworks, policies, processes and procedures. Your role will ensure compliance with legal and regulatory requirements and provide guidance to investigations and relevant teams.

Are you someone who can:

• Draft, review, and update legal documentation (statements, charge sheets, notes for prosecution).
• Evaluate investigation files for evidential completeness and prosecution prospects.
• Implement criminal case plans and attend court proceedings.
• Provide legal advice and support to internal stakeholders.
• Monitor legal and regulatory changes and ensure appropriate interventions.
• Ensure appropriate reporting of criminal incidents to authorities.
• Maintain relationships with internal and external stakeholders.
• Control budget costs and ensure recovery through process management.
• Conduct legal research and ensure compliance with best practices.
• Continuously assess performance and seek development opportunities.
• Establish and nurture strong, long-term partnerships with key internal and external stakeholders to drive collaborative value creation and shared prosperity.

You will be an ideal candidate if you:

• Hold an LLB (minimum) or BCom Law + LLB (ideal).
• Are an admitted attorney or advocate.
• Have 3 to 5 years' experience in a similar environment.
• Have 1 to 2 years' experience at junior management level.
• Bring criminal law experience, preferably with forensic exposure and familiarity with courtroom dynamics.
• Understand banking operations, particularly in analysing fund flows and transactional patterns.
• Demonstrate high energy, initiative, and a willingness to learn and grow.
• Communicate and engage effectively with stakeholders.
• Are adaptable and open to location flexibility.

You will have access to:

• Challenging work.
• Opportunities to collaborate across teams and segments.
• Engagement with subject matter experts to enhance your legal, fraud and financial crime capabilities.
• A platform to innovate and influence legal risk strategy.

We can be a match if you are:

• Curious & courageous – driven to learn and brave enough to act.
• Analytical and innovative – always seeking better ways.
• Ethically grounded – committed to integrity and justice.
• Obsessed with mastery – constantly pushing to improve and excel.

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

11/09/25

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.