Standard Bank Global Financial Crime Control Graduate Programme 2013/14

Advertiser: Standard Bank
Location: Johannesburg

Our Group Financial Crime Control (GFCC) function supports Standard Bank Group by minimising the overall impact of financial crime, ensuring the safety of our people and assets and increasing the trust of our stakeholders.

We aim to proactively prevent, detect, report and respond to all financial crime matters in order to mitigate economic loss, reputational risk and regulatory sanction across Standard Bank Group. To do this our GFCC teams cover a wide variety of different issues. These include investigating staff misconduct and allegations of theft, fraud, corruption and robberies, as well as syndicate related matters and issues that might be a risk to our business reputation. Ultimately, we aim to make our staff and group assets safe, while ensuring our customers trust in Standard Bank.

The GFCC graduate trainee will assist with the duties and tasks associated with the roles and responsibilities of a financial crime investigator in Standard Bank and the financial services industry. This involves the understanding of investigation planning, obtaining evidence, document control, quality control and legal considerations. The job requires attention to detail and a commitment to accuracy.

On this two-year programme, you'll join a major financial crime control function that employs around 600 people and covers all the geographies we operate in. You'll enjoy rotations in our South African operations, where you'll gain practical experience as an investigator in all of our business areas, covering different aspects of financial crime investigations and forensic audits.

Picture yourself as a Crime Scene Investigator (CSI) working in a corporate environment. By the end of the programme, you'll be ready to complete the required exams and accreditation to become a fully certified fraud examiner.

Graduate rotations:
Your rotations will cover three main business divisions PBB, CIB and Group Functions, giving you extensive experience of how our function works.

We also have these specialist teams:

  • Intelligence and Analysis
    In this team we cover financial crime information management, trend analysis and executive reporting, as well as money laundering surveillance. Our key focus is to ensure we're proactive in dealing with financial crime and developing preventative strategies.

  • Group Physical Security (GPS)
    In GPS we aim to protect staff, customers, premises and assets at all times. We're continuously trying to improve our ability to combat crime and are vigilant in proactively addressing threats. We combine technology and physical intervention to focus on prevention and are always looking for collaborative ways to fight crime with operational intelligence and tactical excellence.

  • Forensic Investigation and Financial Crime Risk Management
    As well as investigating high-impact cases of financial crime and misconduct, this team manages protected disclosures, carries out forensic audits, assesses financial crime risk and analyses forensic data. It's also the team that rolls out and maintains ethical initiatives across the group.

  • Money Laundering Surveillance
    Increased regulatory surveillance in relation to money laundering, and terrorist financing is a major focus area for GFCC Money Laundering Surveillance (MLS) during 2012. Legislation across the group pertaining to money laundering and terrorist financing control imposes significant requirements in terms of customer identification, record keeping and training, as well as to detect, prevent and report money laundering and terrorist financing.

Required Skills and Qualifications
  • You'll have at least a three-year B.Com degree or equivalent, including forensic accounting, accounting, taxation applications and law subjects such as criminal law.
  • As well as educational qualifications, you'll need an analytical and logical approach to problem solving, an eye for detail and the ability to be responsible and accountable for complex work.
  • Naturally, you'll need to be a good communicator and networker, with the ability to work under pressure, make rational decisions and complete tasks.
  • You'll also need to be a South African citizen.

Becoming a Certified Fraud Examiner:
As well as gaining practical, on the job experience, you'll enjoy extensive technical training and personal development opportunities. This will enable you to complete Association of Certified Fraud Examiner training modules and sit for the internationally recognised Certified Fraud Examiner (CFE) exams.

We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.

Closing date: 16 August 2013

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Definitions:

Internship:

There are basically two types of internships:

  • The Undergraduate Internship: Usually with bigger organisations that pick undergraduates to attend the internship. It often takes places during the holidays and the average durations is a few weeks. In most cases the intern will receive some sort of stipend or salary and this type of internship may lead to a job offer to the intern once he / she is finished with their studies.
  • The Graduate Internship: This type of internship could be paid or unpaid and it is to gain practical work experience after the qualification has been completed and in a job related to the qualification. It could be from a few weeks or even one or two years long. This type of internship could also lead to permanent employment.

Learnerships:

A learnership is an occupational qualification and it consists of theory and work-based experience and practical skills, with formal assessment and a qualification. At the end of the learnership the candidate may be offered permanent employment.

In-service training:

In-service training is to gain practical work experience during studies. It usually takes place after a few years of theory has been successfully completed. It is essential work experience that is part of the qualification and the in-service training is necessary to achieve the qualification. It could be paid or unpaid.