Anti-Money Laundering Analyst

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

• 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.

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

• 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

• 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

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

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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