Manqoba Buthelezi

Experience

• 

  Standard Bank Group

  Sept 2012 - now

  -Monitors business to ensure that FICA/AML, FAIS control mechanisms are adhered to.-Ensure remediation of KYC irregularity to ensure regulatory compliance.-Conducts Customer 1st sample check for the correct KYC and account opening documents as part of AML requirements-Monitor the Know Your Customer (KYC) dashboard and the irregularity report to identify Points of Representation (POR’s) that have not complied with KYC requirements.-Supports KI & RSMs in execution of their role by monitoring that monthly review of supervision practices occurs.-Adherence to Group Risk and Compliance and FAIS Regulatory Services requirements.-Assist with the execution of implemented controls and procedures which will enable Gauteng/Limp/NW & MP provinces to comply with FAIS and General Code of Conduct requirements.-Follow up on remedial actions required to mitigate and manage process risks that were identified in the course of compliance reviews Show less •Prospect for new business opportunities in the market and explore business expansion opportunities with existing quality clients.•Analyse and assess client’s current and future needs.•Apply product and service knowledge to meet market needs. This includes providing financial planning advice to clients, as well as the packaging/ structuring and tailoring of product and service offerings to close and secure profitable business in a carefully segmented market.•Ensure that SBFC’s financial services and product offerings are properly promoted in the POE•Maintain a visible and active presence in the local market to build relationships with new / potential clients, as well as to maintain relationships with existing clients through regular follow up calls•Build and maintain an internal (3rd party relationship) network with product suppliers and distribution channels in the Group e.g. SCMB (Corporate / Commercial Banking), the Retail Priority Suites or branches, as well as Liberty and Charter Life representatives, to promote a professional image and to ensure the synergies and teamwork needed to optimise sales and service d•Establish and manage mechanisms whereby customer information is electronically updated and mailed to them on a proactive basis.•Maintain regular contact with existing customers to ensure that their needs are effectively serviced.•Identify and manage business risks indicators for clients and the bank by ensuring that products and service offerings are packaged and structure in such a way as to minimise risk and protect the interests of both parties. Considers risk vs. reward by optimising product mix for clients.•Comply with rules, regulations and legislation governing South African business operations. Show less

  • FAIS Enablement Officer

    Apr 2020 - now

  • Monitoring officer (Compliance)

    Jul 2015 - Apr 2020

  • Financial Consultant/Planner

    Sept 2012 - Jun 2015