Financial Crime Analyst at Absa Group Limited (Absa)

Job Summary

• The Financial Crime Analyst is responsible for compiling, analysing, and presenting detailed flow of funds reports in response to requests for internal investigations and subpoenas served on the Bank. This role ensures that financial transaction data is accurately extracted, validated, and structured to meet the evidentiary standards required in legal, regulatory, and law enforcement contexts.
• The analyst serves as a critical link between the Bank’s data environments, forensic specialists, Group Legal, and external stakeholders.

Job Description

Subpoena & Request for Investigation Response

• Receive, log, and prioritise summonses / request for investigations served on the Bank.
• Interpret legal requests and translate them into clear data extraction and analysis requirements.
• Liaise with relevant stakeholders to clarify scope and deadlines.

Flow of Funds Compilation

• Extract transaction data from multiple banking systems (core banking, payment systems, archival logs, etc.).
• Compile financial flow of funds reports showing the movement of money across accounts, remitters, beneficiaries, and related parties.
• Apply enrichment techniques (e.g., geolocation data, account access logs, approval trails) where required.
• Ensure data completeness and highlight any limitations in reporting.

Data Integrity & Compliance

• Maintain chain-of-custody and audit trails for all data extracts and reports.
• Ensure all outputs comply with the Criminal Procedure Act (Section 205/236) and other relevant regulatory/legal frameworks.
• Apply disclaimers where data is incomplete or subject to validation.

Collaboration & Stakeholder Engagement

• Work with internal investigation units, compliance teams, and data engineers to ensure accurate data sourcing.
• Support senior financial crime analysts and investigators by producing evidentiary-quality reports.

Reporting & Documentation

• Produce standardized Flow of Funds Reports (Excel/structured format) for investigative purposes.
• Maintain secure evidence repositories in line with chain-of-custody requirements.

Required Skills & Competencies

Technical Skills

• Strong SQL/data extraction ability across multiple platforms (EDW, Hadoop, AWS, Hive, Amber, core banking systems).
• Advanced Excel (pivot tables, reconciliation methods, flow-of-funds formatting).

Financial Crime & Legal Awareness

• Understanding of financial crime typologies and investigative methodologies.
• Knowledge of South African legal frameworks: Criminal Procedure Act (Sections 205, 236), FIC Act, POPIA.

Analytical & Problem-Solving

• Ability to reconstruct and visualize complex financial flows across multiple accounts/entities.
• Attention to detail with strong reconciliation and data validation skills.
• Critical thinking to identify gaps, anomalies, and investigative leads in transaction data.

Soft Skills

• High integrity and confidentiality in handling sensitive financial and legal data.
• Ability to work under pressure and meet tight subpoena deadlines.
• Strong communication skills to explain technical findings in plain legal terms.
• Collaborative mindset to work with cross-functional forensic, compliance, and legal teams.

​​​​​​​Qualifications & Experience

• Bachelor’s degree in one of the following fields – Accounting, Finance, Forensic Auditing, Data Science
• Minimum 3–5 years’ experience in financial crime data analysis, financial investigations, or compliance.
• Exposure to law enforcement or regulatory processes (NPA, Hawks/DPCI, FIC, SARB) is an advantage.
• Certifications in forensic auditing, AML, or data analytics (e.g., CFE, CAMS) preferred.

​​​​​​​Key Outputs

• Structured Flow of Funds Reports (Excel/evidentiary format).
• Supporting annexures for subpoenas and affidavits.
• Securely logged evidence extracts with chain-of-custody records.
• Written summaries highlighting key financial flows, anomalies, and investigative leads.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

End Date: October 24, 2025