Risk And Compliance Intern MMH261105-11

About this opportunity

Role Purpose To gain practical experience and knowledge by supporting the Risk and Compliance function in identifying, assessing, monitoring, and reporting on regulatory, compliance, and operational risks. The role provides exposure to governance, risk management, regulatory compliance, conduct risk, and regulatory change management within a financial services environment. Requirements • Recognized FSCA degree at NQF level 7 (e.g., LLB/BCom Law/BA Law). • Foundational understanding of general legal principles, risk management, corporate governance, and regulatory compliance; familiarity with key financial services regulatory frameworks. • Ability to identify, assess, and communicate legal, regulatory, and operational risks effectively. • Understanding the legal frameworks, regulatory guidelines, and industry best practices governing AML efforts. • Understanding common money laundering schemes, terrorist financing methods, and other financial crimes. • Microsoft Office Suite. Duties and Responsibilities Internal Process • Analyze transaction data to identify suspicious activities or patterns. • Collect, review, and analyze information to ensure compliance with CDD (Customer Due Diligence) regulations. • Monitor financial transactions for potential red flags or breaches of AML regulations. • Prepare reports on suspicious activity and other compliance-related matters. • Research new regulations, industry trends, and best practices in AML. • Assist with the capturing, track