Job Description

• At OM Bank, we strive to attract great people who are passionate about coming together for a higher purpose- building something unique and aspirational, always aiming to be the best they can be. 
• The AML Analyst at OM Bank is an entry-level role responsible for supporting the bank’s compliance with Anti-Money Laundering (AML) regulations. The role involves monitoring transactions, conducting investigations on account opening alerts and transactions, and ensuring adherence to AML policies and procedures.

KEY RESULT AREAS

• Monitoring and Analysis on account opening and transactions:
• Performing customer reviews on account opening alerts, as well as selected CDD/EDD procedures on a periodic basis; Review and analyse transactional data to detect suspicious activity patterns.
• Investigate potential fraud or money laundering cases flagged by monitoring systems.
• Identify anomalies or trends that may indicate fraudulent activities.

Investigation and Reporting:

• Conduct in-depth investigations of suspicious activities.
• Prepare detailed reports, including but not limited to, Suspicious Activity Reports (SARs) for regulatory submission.
• Document findings and recommendations for remediation actions.

Compliance and Regulatory Adherence:

• Ensure adherence to AML laws, regulations, and internal policies.
• Stay updated on relevant laws, regulations, and industry best practices related to AML and fraud.
• Assist with audits and regulatory examinations.

Risk Mitigation:

• Collaborate with internal teams to design and implement strategies to minimize fraud and money laundering risks.
• Recommend process improvements and controls to enhance the organization’s fraud prevention measures.

Collaboration and Training:

• Work closely with Risk Management, Compliance, Service Operations and fellow FRAML trailblazers to enhance monitoring systems and protocols.
• Provide training to staff on AML and fraud detection techniques.
• Act as a subject matter expert  for AML initiatives provide insights to enhance fraud detection strategies and tools

Experience:

• 3+ years’ experience in AML, fraud detection, or a related compliance role.
• Familiarity with financial systems and transactional analysis.

Qualifications and Skills:

• Education: Bachelor’s degree in Finance, Accounting, Law, or a related field.

Skills:

• Strong analytical and investigative skills.
• Proficiency in tools such as Excel, and AML software.
• Excellent written and verbal communication.
• Ability to handle sensitive information with discretion.
• Certifications: Preferred certifications include CAMS (Certified Anti-Money Laundering Specialist)

Competencies:

• High attention to detail.
• Critical thinking and problem-solving abilities.
• Ability to work under pressure and meet strict deadlines.
• Collaborative and team-oriented mindset.

Skills

• Action Planning, Data Controls, Financial Auditing, Information Compilation, Information Management, Numerics, Oral Communications, Planning and organisational skills, Policies & Procedures, Risk Based Approach, Risk Management

Competencies

Education

• NQF Level 7 – Degree, Advance Diploma or Postgraduate Certificate or equivalent  (Required)

Closing Date

• 09 December 2025