Money Laundering Investigator

About this role

Nedbank is looking for a Money Laundering Investigator based in Sandton, Johannesburg. The role sits in Group Forensic Services and helps the bank meet its regulatory duties by looking into transactions that may be linked to money laundering.

What you’ll do

• Investigate unusual and suspicious transactions, and gather the information you need to back up each referral.
• Compile clear reports on your findings and submit them to the Financial Intelligence Centre (FIC).
• Spot money laundering risks and operational issues, and recommend ways to improve processes, systems and policies.
• Keep stakeholders updated on progress, and give them objective guidance on suspicious activity.
• Work with colleagues across Group Forensic Services to make sure referred matters are followed up.
• Keep management information systems up to date so fraud trends can reach the risk committees.
• Record investigation details accurately and share your knowledge with the team.
• Manage your allocated billable hours and keep up with developments in your field.

What you need

• A diploma at NQF Level 6 (essential).
• At least 5 years of experience in money laundering investigations in banking or wider financial services (essential).
• Proven experience in transaction monitoring, financial crime investigations, FICA reporting, and suspicious transaction and activity reporting (STRs/SARs).
• Knowledge of regulatory compliance, forensic examination, fraud investigation methodology, and governance, risk and controls.
• Good business writing skills and familiarity with relevant software and systems.
• A Bachelor of Arts, a law degree or a related qualification (advantageous).
• A Certificate in Money Laundering Control (advantageous).
• A certificate in Commercial Forensic Practice (ICFP), ACAMS or ACFE (advantageous).

Is this job for you?

This role suits an experienced financial crime or AML professional who enjoys detailed investigative work. You should be comfortable writing reports, working with many stakeholders, and making sound decisions under regulatory pressure.

Tips before you apply

• Have your qualifications, certificates and reference letters ready to upload.
• Describe your FIC reporting and STR/SAR work in specific terms, including the types of cases and volumes you handled.
• Show your years of money laundering investigation experience clearly, with dates and employers, so it is easy to check against the 5-year requirement.