AML Specialist (Betway Africa)
Betway Africa is seeking an AML Specialist to support the delivery of a high-quality service within the AML function. The role involves the analysis, investigation, and documentation of suspicious activity reports and unusual activity reports (SARs/UARs) in response to MLROs, Regulators, and Law Enforcement Agencies.
The successful candidate will help excel and stay ahead of the game by ensuring efficient identification, monitoring, and reporting of accounts considered high risk. This position requires staying current with money laundering and terrorist financing behaviours, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
- Review all alerts for PEP, Sanction and Adverse media triggers of possible matches.
- Conduct independent research to gather and record data from internal systems, commercial databases, and the Internet.
- Compile detailed enhanced due diligence reports for true matches.
- Escalate true matches to senior management for approval.
- Provide ongoing monitoring of accounts related to true matches.
- Assist with screening of third-party suppliers and affiliates.
- Handle due diligence investigations to support policies and procedures.
- Ensure efficient identification, monitoring and reporting of accounts considered high risk.
- Provide daily assessment AML reports relating to ongoing monitoring of high-risk accounts.
- Stay current with money laundering and terrorist financing behaviours, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
- Help in identifying potential weaknesses in processes.
- Act as a subject matter expert to employees, providing guidance on what actions to take in dealing with high-risk accounts related to PEPs, Sanctions and Adverse media customers.
- Ensure proper record-keeping of data collected and analysed.
- Write and prepare suspicious activity reports (SARs) when applicable.
- Strong verbal and written communication skills, with the ability to convey complex ideas clearly and effectively (required).
- Experience working collaboratively in cross-functional teams, with a focus on achieving shared goals (required).
- Expertise in managing multiple projects simultaneously, with a track record of delivering on time and within scope (required).
- Exceptional attention to detail, ensuring high standards of quality in all outputs (required).
- Ability to adapt quickly to changing environments and priorities, maintaining effectiveness in dynamic situations (required).
- In-depth knowledge of sports betting markets, including odds calculation, betting types and market trends (nice-to-have).
- Previous experience in the online gaming or casino industry, with a strong understanding of player behaviour and industry regulations (nice-to-have).
- Familiarity with gambling regulations and compliance requirements in various jurisdictions, ensuring adherence to legal standards (nice-to-have).
- Experience in developing and executing customer retention strategies (nice-to-have).
- Comprehensive learning and development programmes.
- Performance Tool for regular, constructive feedback.
- Employee Assistance programme.
- Vitality Health Care.
- Unum Dental.
- Life Assurance & Income Protection.
- Tusker car scheme.
- Cycle to Work.
- Retail discounts.
Betway Africa is the African arm of Betway, the sports-betting and online-casino brand owned by Super Group (SGHC), a holding company listed on the New York Stock Exchange. Operating since 2006, it delivers sports betting and casino products - including the Jackpot City, Lucky Nugget and Ruby Fortune brands - across markets such as South Africa, Ghana, Nigeria, Zambia, Tanzania, Malawi and Mozambique. The division employs more than 1,000 people, with offices in Johannesburg and Cape Town. It covers functions spanning marketing, technology, finance and customer care for Betway's African operations.