Team Leader: Transaction Monitoring

Welcome to the Latest Job Vacancies Site 2025 and at this time we would like to inform you of the Latest Job Vacancies from the Absa Bank Limited with the position of Team Leader: Transaction Monitoring - Absa Bank Limited which was opened this.

If this job matches your qualifications, please send your application directly through our latest Job site. Indeed, every job is not easy to apply because it must meet several qualifications and requirements that we must meet in accordance with the standard criteria of the Company who are looking for potential candidates to work. Good job information Team Leader: Transaction Monitoring - Absa Bank Limited below matches your qualifications. Good Luck: D

Empowering Africas 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 Lead a team of Analysts in the Intelligence & Surveillance area in support of the Senior Manager to ensure that transaction monitoring and reporting are performed in accordance with regulation, legislation, policy and standards. Job Description Accountability: Operational Support and Coordination

• Manage investigations relating to Anti Money Laundering by ensuring that the required SLAs are achieved and take appropriate action to ensure that these timelines are met
• Assess investigation findings in order to establish trends and escalate all issues of a significant nature to the Manager on a timely basis (as and when these occur) and through various meetings and reports (content presentation, accuracy, quality and completeness are important)
• Ensure that the teams investigations are of high quality, accurate and contain value adding conclusions for the relevant investigation, by conducting quality assurance/reviews.
• Collate appropriate, accurate and reliable MI to effectively manage compliance risks
• Evaluate and challenge information received from stakeholders with the objective of achieving continuous improvement in compliance
• Make meaningful recommendations for the various types of investigations. This will include, but is not limited to systems/people/processes
• Inform and implement of any suggestions or proposals to enhance investigative methodologies
• Inform management immediately of any new trends which have been identified during investigations for further escalation to stakeholders

Accountability: People Management

• Supervise a team to ensure effective daily operations.
• Allocation and alert management
• Support the TM Manager to develop a high performing team by conducting daily huddles, weekly team meetings and monthly one-on-one sessions
• Performance and Consequence Management, when required
• Coach and mentor team members
• Establish and maintain a succession plan for the team
• Review leave plans in place and make recommendations to the line manager to adjust the plans if required. Review leave captured on the HR employee system to ensure that all leave was captured.
• Drive participation in departmental Citizenship initiatives

. Accountability: Reporting and Governance

• Report and escalate all AML compliance risks and issues arising from businesses promptly and appropriately in accordance with Group and local legal and regulatory requirements
• Inform management regarding AML compliance matters which may pose financial or reputational risks for the business
• Respond promptly to information requests from the Regional MLRO, Country MLROs and Financial Crime Units
• Provide appropriate information to management on a daily, weekly and monthly basis by collating appropriate, accurate and reliable MI relating to key risk indicators
• Understand and manage risks and risk events (incidents) relevant to the role.

Accountability: Stakeholder Management

• Support the Manager by ensuring the effective coordination of information on a continuous basis
• Build and maintain meaningful relationships with in-country Financial Crime teams (for example MLROs and HOC) with the aim of understanding their needs
• Implement established escalation processes for significant issues and concerns raised
• Maintain professionalism and business ethics in all verbal and written communication with stakeholders.
• Discuss emerging or current issues with local and in-country teams and escalate or resolve these issues where possible

Education and experience required

• Legal or Governance, Risk management, Investigations or Compliance qualifications
• Minimum of 3 years experience, preferably in AML/ Compliance/ Investigations and a combination of banking

Knowledge and skills:

• Specialist knowledge of AML Policies and procedures, particularly Transaction Monitoring
• Ability to conduct and take ownership of the end to end Transaction Monitoring quality assurance
• Advanced user of Microsoft Office, particularly Excel, PowerPoint, Outlook.
• Good understanding of banking products and services

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

Information :

• Company : Absa Bank Limited
• Position : Team Leader: Transaction Monitoring
• Location : Johannesburg, Gauteng
• Country : ZA

How to Submit an Application:

After reading and knowing the criteria and minimum requirements for qualifications that have been explained from the Team Leader: Transaction Monitoring job info - Absa Bank Limited Johannesburg, Gauteng above, thus jobseekers who feel they have not met the requirements including education, age, etc. and really feel interested in the latest job vacancies Team Leader: Transaction Monitoring job info - Absa Bank Limited Johannesburg, Gauteng in 2025-03-03 above, should as soon as possible complete and compile a job application file such as a job application letter, CV or curriculum vitae, FC diploma and transcripts and other supplements as described above, in order to register and take part in the admission selection for new employees in the company referred to, sent via the Next Page link below.