Financial Crime Officer

JOB PURPOSE

The Financial Crime Officer supports the CCO/MLRO in carrying out the SMF17 prescribed responsibility of ensuring that Nedbank London Branch (Branch) has effective policies and procedures for countering the risk that it might be used to further financial crime.

The role resides within the Corporate & Investment Bank (CIB) cluster of Nedbank Limited and acts as a second line of defence for AML, CFT & Sanctions and other financial crime risks as defined by FCA.

KEY OBJECTIVES

Establishing a proactive risk-based approach for the identification and prevention of financial crime risks that Nedbank London Branch may encounter so that Nedbank’s long-term strategy contributes towards protecting market integrity which in turn protects the economy, consumers and Nedbank reputation, shareholders.

The incumbent will be required to collaborate with Compliance & Conduct and/or Operational Risk (as relevant) and has responsibility to consider non-financial risks that may arise externally from the conduct within the business units or support functions for external bribery, corruption, fraud or other illegal activity as defined in POCA

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