Durban Tel: 031 566 4257

Johannesburg Tel: 011 440 7117

Cape Town Tel: 021 794 7475

International Tel: 0027 87630 0325

Sanctions Officer – SSSO

Main job function




To maintain effective practices and procedures for sanction screening by analysing real-time alerts on Lexis Nexis, attending to the daily bulk screen for the entire customer database, maintaining customer watch lists and providing guidance regarding sanctioned countries, high-risk jurisdiction and ensuring that this is in line with the Banks risk framework and enhanced due diligence requirements.



Sanction Screening


  • Maintain an effective sanctions screening
  • Updates watch lists as and when
  • Maintains custom watch
  • Assists with monitoring legislative/ best practice requirements that impact sanctions/ sanctions
  • Prepares and conducts presentations to staff on sanctions
  • Prepares and assists with  presentations  to  regulators  regarding  the  bank’s sanctions screening systems, such as the SARB Thematic Review
  • Assists with reports to EXCO and FICA EXCO regarding true positive alerts for clients already on the customer database g. PEPS, adverse media, SAFPS etc.
  • Provides support to the MLCO by assisting with MLCO duties in the absence of the MLCO and on alternate
  • Identifies non-compliance with sanctions processes and reports to the Compliance department and senior management for further
  • Assists with the preparation of the Enhanced Due Diligence (EDD) meeting pack for every alternate meeting, including analysis of applications
  • Analyses alerts  on  the  transaction  monitoring  system  (SAS  AML),  conducts investigations of suspicious activities and reports accordingly
  • Undertakes special projects when required



  • Assist with the development of training material relating to sanction screening
  • Assists the MLCS and MLCO to train staff and management on the watchlist screening system /sanction screening
  • Conducts intensive training to users on the sanction screening system

Relief Duties in the Absence of the MLCO

  • Assists the branch with queries relating to FICA, AML and CTF
  • Reports on STRs, CTRs, TPRs, IFTRs, as and when required



  • A tertiary related qualification in Commerce, Business or Law is required
  • Additional qualification in Anti-Money Laundering /Counter Terrorist Financing/Sanctions is advantageous



  • A minimum of 3 years administrative and/or banking experience is preferred
  • Experience with a sanction screening system is an advantage



  • Bank policies and processes
  • Microsoft office 365
  • AML Knowledge

A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.

To apply for this job email your details to