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Old Mutual is a leading financial services provider, and we require an Anti-Money Laundering (AML) Officer. The successful candidate will be responsible for providing administrative and operational support to the Anti-Money Laundering (AML) function by assisting with customer due diligence processes, maintaining compliance records, conducting screening activities, and supporting the implementation of AML/CFT controls in accordance with regulatory requirements and company policies.

Job Specification

• Be deployed at Line 1 and assist the various Old Mutual Accountable Institutions in fulfilling their statutory reporting obligations in terms of the Financial Intelligence Act and the Prevention and Combating of Terrorist and Proliferation Activities Act.
• Implement the Risk Management and Compliance Program (RMCP) and determine controls and procedures to mitigate money laundering (ML), terrorist financing (TF), and proliferation financing (PF) risks in line with the AML/Counter-Terrorist and Proliferation Financing (CTPF) RMCP.
• Design, implement, and document internal procedures to demonstrate how the Accountable Institution (AI) will comply with the RMCP.
• Manage client onboarding, Customer Due Diligence (CDD), and Ongoing Due Diligence (ODD), including record-keeping responsibilities and transaction monitoring.
• Receive and investigate sanctions, Prominent Influential Persons (PIPs), Suspicious Transaction Reports (STRs), Suspicious Activity Reports (SARs), and Cash Transaction Reports (CTRs), including potential true-match alerts.
• Investigate sanctions, PIPs, CTR, STR, and SAR alerts and escalate material AML, CTPF, and sanctions breaches, risks, risk events, or material non-compliance to the Group AML Office and Risk and Compliance Manager, including whitelisting.
• Manage ongoing client relationships by performing Enhanced Due Diligence (EDD) on PIPs and high-risk clients.
• Conduct adverse media searches on PIPs and high-risk clients.
• Obtain business unit approval for the continuation of business relationships with PIPs and high-risk clients, supported by an EDD report.
• Perform scheduled client reviews as dictated by the RMCP.
• Conduct annual reviews of PIPs and high-risk clients' status, supported by updated EDD reports.
• Review and/or update the AI's internal procedures annually.
• Cooperate with Group AML Officers and Group Compliance Officers on requests for information, reviews, audits, and investigations relating to the Financial Intelligence Act and AML.
• Implement employee training and development programmes, prepare training materials, and ensure adequate arrangements are in place to store training materials and employee attendance registers.
• Source, compile, analyse, and summarise data for reporting purposes.
• Maintain accurate and up-to-date customer records and compliance files.
• Ensure all activities are performed in accordance with internal policies, procedures, and regulatory requirements.
• Provide the required support to the Risk and Compliance Manager.
• Perform additional duties and responsibilities as required.

QUALIFICATIONS & EXPERIENCE

• Namibian citizenship.
• Grade 12 with a minimum of 25 points.
• A relevant qualification in Business, Finance, Commerce, or Law.
• An AML Certificate from the Association of Certified Anti-Money Laundering Specialists (ACAMS) or a similar/relevant qualification will be an added advantage.
• 2–3 years' experience in AML compliance.
• Strong technical skills and critical-thinking abilities.
• Good understanding of the non-banking financial services industry will be an added advantage.
• Assertive self-starter with excellent communication, organisational, and presentation skills.
• Detail-oriented, punctual, sincere, and committed to high work ethics.
• Ability to work accurately and efficiently under pressure.
• Fluency in English; proficiency in any other indigenous language will be an advantage.

• Action planning.
• Data analysis.
• Data controls.
• Financial auditing.
• Information management.
• Numerical aptitude.
• Planning and organisational skills.
• Policies and procedures.
• Risk-based approach.
• Risk management.

• Action-oriented.
• Business insight.
• Collaborates.
• Decision quality.
• Ensures accountability.
• Financial acumen.
• Instils trust.
• Manages complexity.

The company ONLY accept applications via their career portal. Interested candidates can apply via the link below:

Apply online via: Old Mutual Career Portal

Closing Date: 17 September 2026