AML & Anti-Fraud Consultant - M.R. Consultancy Services
(2026-01)
- Drafting and reviewing Risk Management & Compliance Programme [RMCP]
- Conducting Anti-Money Laundering (AML) trainings
- Assist with reporting unusual and suspicious transactions (STRs) and Cash Threshold Transactions (CTRs)
- Assisting with the FIC Directives and compliance thereof
- Providing assistance and advising on the on-boarding and due diligence processes
- Conducting fraud risk assessments, investigations, consolidate programmes and registers
- Conducting forensic investigations for private and public institutions.
Senior Inspector - Financial Intelligence Centre (FIC)
(2024-01 - 2025-12)
- Conducting on-site and off-site AML/CFT risk-based and forensic inspections across all sectors country-wide, including state-owned entities, to improve compliance in line with the Financial Intelligence Centre Act and Financial Action Task Force standards.
- Combating financial crimes through ensuring change in AML compliance behavior
- Guiding and leading the team and stakeholder
- Craft, monitor and manage the inspection plan for the financial year
- Supervising and mentoring team members during risk-based and forensic inspections, evidence gathering and conducting interviews with Accountable institutions
- Review quality of draft reports from team members
- Monitor and manage performance registers of team members
- Conduct data analysis – systems and documentary evidence, including bank statements.
- Conduct forensic investigations and compile intelligence reports
- Co-ordinate the remedial action process, file closure and record keeping
- Implementing recommendations and gathering of reporting information and partaking in meetings for Mutual Evaluation (Grey-listing)
Senior Compliance Officer - Financial Intelligence Centre
(2019-02 - 2023-12)
- Investigate financial crimes, produce reports for stakeholders, ensuring AML/CFT compliance monitoring through compliance reviews and make referrals where necessary
- Responsible for stakeholder management, through quarterly meetings - Supervisory Bodies (SARB, JSE, FSCA), state-owned entities and accountable institutions
- Providing guidance on AML compliance to accountable institutions through meetings, presentations and report recommendations
- Convening meetings with various (traditional and digital/ technology-driven) banks to assist the with FIC Directive 03/2014 and Directive 05/2019
- Handling and approving responses of complex compliance queries from the public collated through the public portal system
- Participation in research papers and assessments and providing inputs to certain typologies and PCCs
- Guiding and leading the team when planning, conducting interviews and quality-checking deadline-driven reports
- Monitor and manage performance registers of team members
- Stepping in and act as a manager when required Implementing recommendations and gathering of reporting information and partaking in meetings for Mutual Evaluation (Grey-listing)
Manager- Fraud Prevention & Anti-Money Laundering - Group Ithala Development Finance Corporation
(2014-04 - 2018-03)
Fraud prevention function – Group level:
- Managing fraud prevention through fraud prevention programs
- Development and review of anti-fraud policies
- Management of two whistle-blowing hotlines
- Facilitation of fraud risk assessments
- Conducting quarterly fraud prevention awareness
- Manage and update fraud risk registers.
- Conducting forensic fraud investigations through interviews, secure evidence, reporting writing, and reporting
- Stakeholder relationship management
- Human resource management and act as Divisional manager when required
- Prepare and update monthly and quarterly reports for various committees and the Board
Manager- Fraud Prevention & Anti-Money Laundering - Group Ithala Development Finance Corporation
(2014-04 - 2018-03)
Compliance management function – Group level:
- Manage and review regulatory universe and the annual compliance plan
- Responsible for all AML operations in synchronization with business products and systems
- Ensuring successful configuration of reporting systems (i.e. Enterprise Solutions, Temenos) to avoid reporting failures to regulators
- Engaging various business departments (IT, Training & Development and product owners)
- Review compliance management policies for Board's approval.
- Conducting investigation and timeous reporting of Suspicious and Unusual Transactions (STRs), SARs, IFTRs, TPRs and CTRs.
- Review AML/CFT policies and procedures (Business Risk Assessment and RMCP), vetting training manuals and liaise with stakeholders
- Conducting AML compliance audits in various departments and branches, testing KYC, CDD, client screening - enhance due diligence, reporting, record-keeping etc.
- Drafting and issuing of compliance audit reports with findings and recommendations, with timelines.
- Prepare presentations for on-site visits/inspections by the regulators (FIC, SARB and FSCA)
- Ensuring findings and recommendations by regulators and auditors are attended to timeously
- Ensuring proper custody of records for regulators (i.e. training manuals, training attendance registers, STR and TPR reports etc.)
- Preparing of Fraud detection, prevention and AML reports for various management committees and the Board.
Compliance Analyst - Group Ithala Development Finance Corporation
(2011-01 - 2014-03)
- Ensuring compliance with various legislative frameworks. Create and update compliance universe.
- Conducting compliance audits to various branches
- Drafting and issuing compliance audit reports with findings and recommendations
- Managing and updating annual compliance programme.
- Reviewing and updating compliance policies and procedures
- Preparing monthly/quarterly reports for various management committees
- Preparing presentations for regulator on-site visits
- Ensuring good internal compliance culture, good relationship with regulators and prevention of non-compliance and sanctions/fines.
Bank teller/Client Advisor/Compliance and Risk officer - Ithala Bank Limited
(1994-11 - 2010-12)
Retail Banking
- Provision of various banking services to customers and supervision of the branch network.
- Cross-selling of new products to clients
- Managing and dispensing cash to clients
- Management of the risk registers
- On-site visits to branch network for AML testing
- Development and review of policies for existing and new products
- Management and monitoring of daily transactions
- Monitoring of daily exception reports
- Partaking in testing new banking systems and new system development and request
- Managing and co-coordinating the work of AML compliance champions to improve compliance
