KYC Analyst - Cape Town
R
330 000 – 460 000
per annum
Cape Town,
Western Cape
more than 14 days ago
POSITION
KYC Analyst
LOCATION
Cape Town
SALARY
R330 000 – R460 000 per annum
SUMMARY
Our client an integrated financial services provider based in SA and offshore offering; advice, wealth management, asset management, investment platforms, fund management, fiduciary and global treasury capabilities, seeks to appoint a KYC analyst within the group’s shared services AML/KYC Operations team. They will be responsible for the first line of defence for the day-to-day compliance with applicable AML/CFT regulations and implementation of our written AML/CFT policies, processes and rules of procedures relating to risk management, customer due diligence and risk assessment, investigation, record-keeping and internal controls.
RESPONSIBILITIES:
Assess, conclude, and sign off on client due diligence, risk scoring and risk assessment.
Support onboarding for legal entities, determine UBOs, and controlling persons, and conduct screenings.
Review ECDD information for high-risk clients, assess risks, and provide recommendations to management.
Conduct ongoing screenings, clear false positives or escalate as required.
Ensuring CDD, client risk assessment, and SOF information are in place before transaction processing.
Collaborate with internal clients and address queries and escalations.
Transaction monitoring – identify suspicious transaction patterns, and ensure internal reports are submitted.
Provide updates to the compliance team and to risk management where emerging patterns are identified and where additional controls should be implemented and recorded in the RMCP.
Participate in any remediation projects, to resolve any issues identified by compliance/inspections/external reviews.
Offshore compliant onboarding of SA individuals/entities
MINIMUM REQUIREMENTS
Minimum of 2-3 years of experience in AML operations within the financial services industry
Degree in Law or Commerce, an advantage
FICA/AML Compliance, Advisors, Business Unit Leaders (BULs)
Experience with BPM onboarding systems, screening software – world check screening system, transaction monitoring algorithms. SQL
KYC Analyst
LOCATION
Cape Town
SALARY
R330 000 – R460 000 per annum
SUMMARY
Our client an integrated financial services provider based in SA and offshore offering; advice, wealth management, asset management, investment platforms, fund management, fiduciary and global treasury capabilities, seeks to appoint a KYC analyst within the group’s shared services AML/KYC Operations team. They will be responsible for the first line of defence for the day-to-day compliance with applicable AML/CFT regulations and implementation of our written AML/CFT policies, processes and rules of procedures relating to risk management, customer due diligence and risk assessment, investigation, record-keeping and internal controls.
RESPONSIBILITIES:
Assess, conclude, and sign off on client due diligence, risk scoring and risk assessment.
Support onboarding for legal entities, determine UBOs, and controlling persons, and conduct screenings.
Review ECDD information for high-risk clients, assess risks, and provide recommendations to management.
Conduct ongoing screenings, clear false positives or escalate as required.
Ensuring CDD, client risk assessment, and SOF information are in place before transaction processing.
Collaborate with internal clients and address queries and escalations.
Transaction monitoring – identify suspicious transaction patterns, and ensure internal reports are submitted.
Provide updates to the compliance team and to risk management where emerging patterns are identified and where additional controls should be implemented and recorded in the RMCP.
Participate in any remediation projects, to resolve any issues identified by compliance/inspections/external reviews.
Offshore compliant onboarding of SA individuals/entities
MINIMUM REQUIREMENTS
Minimum of 2-3 years of experience in AML operations within the financial services industry
Degree in Law or Commerce, an advantage
FICA/AML Compliance, Advisors, Business Unit Leaders (BULs)
Experience with BPM onboarding systems, screening software – world check screening system, transaction monitoring algorithms. SQL
Recruiter: DAV