Manager AML, CFT, CPF & Sanctions/Excon Assurance

Requisition Details
REQ 144539 Thembi Mtshali
Location: Johannesburg
Closing Date: 26 March 2026
Job Family
Risk, Audit and Compliance
Leadership Pipeline
Manage Others (MO)

Job Purpose
To offer leadership and comprehensive oversight of risk-oriented, coordinated assurance initiatives throughout the Group concerning Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), Counter Proliferation Financing (CPF), Sanctions, and Exchange Control. This position is responsible for the design, enhancement, and supervision of the Group’s assurance framework pertaining to AML, CFT, CPF, Sanctions, and Exchange Control, ensuring that regulatory requirements, risk management standards, and governance protocols are effectively integrated, monitored, and reported on an enterprise-wide basis.
The individual in this role will deliver independent second-line oversight regarding the adequacy and efficacy of AML, CFT, CPF, and Sanctions and Exchange Control risk management measures, promote regulatory preparedness, and provide consolidated risk insights to senior leadership and relevant governance committees.

Job Responsibilities

1. Provide Regulatory and Risk Assurance

   • Lead and coordinate assurance activities that evaluate the adequacy and effectiveness of controls related to AML, CFT, CPF, Sanctions, and Exchange Control throughout the Group.
   • Oversee the creation and implementation of risk-based assurance plans.
   • Deliver second-line oversight.
   • Ensure that assurance coverage is extensive and prioritizes risk.

2. Conduct Risk Reviews, Oversight, and Reporting in line with Coordinated Assurance Requirements

   • Manage and supervise risk-based evaluations as per the annual coordinated assurance plan.
   • Identify systematic control deficiencies, emerging risk trends, and regulatory weaknesses, ensuring swift escalation to Executive Management and pertinent governance committees.
   • Provide consolidated, insight-driven reports to governance forums.

3. Stakeholder Engagement and Advisory

   • Act as a subject matter expert and reliable advisor to both internal and external stakeholders.

4. Corrective and Remedial Oversight

   • Offer strategic oversight regarding the remediation of identified findings.
   • Challenge and verify the adequacy and sustainability of corrective action plans before their closure.
   • Monitor and report on progress of remediation efforts.
   • Provide pre-implementation assurance for significant control improvements, remedial actions, and regulatory-driven change initiatives.

5. Team Leadership and People Management

   • Lead the assurance team, establishing clear direction, performance expectations, and standards of accountability.
   • Drive talent management throughout the employee lifecycle.
   • Cultivate a high-performance culture based on independence, objectivity, professional skepticism, and regulatory excellence.

6. Training and Capability Development

   • Define and oversee the assurance capability strategy for AML, CFT, CPF, Sanctions, and Exchange Control to ensure alignment with changing regulatory, industry, and risk developments.
   • Encourage ongoing professional development and ensure the team retains deep technical expertise in AML, CFT, CPF, Sanctions, and Exchange Control.

7. Culture, Values, and Knowledge Sharing

   • Promote a robust culture of compliance, governance, and ethical behavior throughout the Group.

8. Continuous Improvement and Value Creation

   • Drive the ongoing enhancement of the assurance framework, methodologies, and reporting practices related to AML, CFT, CPF, Sanctions, and Exchange Control.
   • Identify strategic opportunities to bolster control maturity, optimize assurance coverage, and enhance governance effectiveness.

People Specification

• 5+ years’ experience in Risk, Regulatory Compliance, AML, CFT, CPF, Sanctions, and Exchange Control, Audit, or related control functions within a large and complex financial services organization.
• A minimum of 5 years’ experience leading specialized teams in a second-line, assurance, or oversight role.
• Proven experience in engaging with and preparing reports for senior management and governance forums (e.g., Financial Crime Committee, Risk Committees).
• Demonstrated experience in supporting regulatory inspections, supervisory engagements, and thematic reviews.
• Strong history of identifying systemic control deficiencies and facilitating sustainable remediation across various business units.

Essential Qualifications

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• B Comm/ Relevant Law Degree

Preferred Certifications

• Certified Internal Auditor
• IRMSA
• CISA

Minimum Experience Level

• 5 years of people management experience
• 5 years' experience in Risk Management of AML, CFT, and Sanctions and Exchange Control.

Technical / Professional Knowledge

• Business Acumen
• Governance, Risk, and Controls
• Communication Strategies
• Business Reporting Skills
• Industry Trends
• Microsoft Office Suite

Behavioural Competencies

• Creating a Culture of Trust
• Execution
• Influencing
• Coaching
• Aligning Performance for Success
• Building Networks
• Delegation and Empowerment

Please reach out to the Nedbank Recruiting Team at +27 860 555 566.