NONTUTHUZELO CYNTHIA DAU

• Reviewing and assessing compliance with the Financial Intelligence Centre Act 38 of 2001, as amended at commercial banks and life insurers
• Ensure that supervisory plans are managed and executed on time
• Lead and conduct on-site inspections at banks, life insurers and foreign subsidiaries
• Manage and review the work of analysts that perform on-site inspections
• Draft inspection procedures, queries, presentations and reports
• Interacting with management and relevant stakeholders to communicate efficiencies identified during inspections
• Prepared progress reports and monitor remedial actions
• Prepare for anti-money laundering and countering the financing of terrorism (AML/CFT) risk meetings with the large banks in South Africa
• Manage and guide analysts that perform onsite and off-site inspections in terms of a risk-based approach to supervision
• Manage the administration of inspections and inspection end to end process
• Monitor and conducts research on local and international developments to inform supervisory trends
• Engage with internal and external stakeholders
• Conduct joint foreign AML/CFT examinations
• Conducted and leading banking sector risk assessment
• Developed risk returns and manage risk tools
• Drafted supervisory programme
• Guide and train new employees
• Conduct thematic reviews
• Performing ad hoc duties
• Financial expert and a mutual evaluation assessor

Associate analyst (2013 to 2018)

• Assisting with preparation of inspections

• Review inspection related documents

• Documenting inspection procedures

• Ensure that all inspection procedures, queries, final reports etc. related to an inspection are issued timeously

• Assisting with inspection reports and preparing progress reports

• Participating in internal, local, and international forums to create and inform rules, guidelines, and best practices

• Conduct ad-hoc projects

Junior analyst (2012 to 2013)

• Providing assistance to the senior analysts

• Assisting with inspections

• Drafting minutes during meetings

• Attendance to correspondence

• Formulating and compiling suspicious transaction report in terms of Section 29 of The Financial Intelligence Centre Act to prevent money laundering terrorist financing
• Comparison of data to domestic and international trends, norms, and standards to identify similarities
• Providing feedback to management in respect of analysis of possibly unlawful activities
• Drafting of suspicious reports to be submitted and presented to the Financial Intelligence Centre in terms of Legislation
• Analyse alerts generated by the Fortent System (transactions monitoring system) or manual reports received from the business units
• Analyse the risk parameter of customers
• Compiling request from the Financial Intelligence Centre
• Liaising with different branches and relationship managers

• The primary point of contact for the home loan mortgage originators and the new business processing department
• To work with business and third-party service provider to enhance the service offered by the service center
• Handle queries raised by mortgage originators
• Monitor home loans applications
• Provide feedback and application status to mortgage originators
• To provide knowledge of home loans products to mortgage originators
• To handle home loans amendments, form customers

• Analyzing financial information and documents
• Assessing home loan applications
• Approving and declining home loan applications
• Making decisions and communicating with client and consultants
• Conducting financial analysis
• Conducting credit worthiness analysis (ITC checks)
• Evaluate credit risk assessments
• Apply credit risk criteria consistently and in accordance with the bank's credit policies

• Operating switchboard and reception
• Collecting and distributing all documentation to the appropriate business unit
• Scanning and faxing documents
• Communicating with clients and business development officers
• Providing customer service to the walk-in clients
• Assisting and updating clients on their accounts

• Administration
• Calling clients
• Negotiating payment plans with clients whose accounts are in arrears
• Updating and collecting customer information
• Capturing information on the system
• Monitoring customers’ accounts
• Providing accurate, reliable, and consistent information to customer/clients
• Attending to queries