Kyc | Aml Assistant
Job Description
Job Title
AML/KYC Analyst (Assistant Level)
Department & Reporting
Department: Operations
Reports to: Head of Operations (with dotted line to Compliance)
Qualifications & Skills
Experience: 1-3 years in a compliance/regulatory position within a banking environment
Education: LLB (or similar qualification) plus compliance-related courses
Knowledge:
Strong understanding of the FIC Act, related Regulations, Directives
Familiarity with legislation impacting banks
Industry protocols and best practices
Attributes: High attention to detail, strong communication, ability to coordinate across teams
Key Responsibilities
Account Reviews:
Review high, medium, and low-risk accounts (in line with targets and local compliance requirements)
Conduct periodic REKYC reviews for medium and low-risk accounts
High-Risk Accounts:
Manage workflows for renewal and onboarding of high-risk accounts for branches
Due Diligence:
Conduct Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD), including PEP accounts
Validate client documents for accuracy and compliance
Prepare detailed CDD and EDD reports
Stakeholder Coordination:
Work closely with Branch Managers, Relationship Managers, and Compliance
Communicate with Compliance on progress, findings, and arising matters
Skills Required
MNCJobs.co.za will not be responsible for any payment made to a third-party. All Terms of Use are applicable.
Related Jobs
Job Detail
-
Job IdJD1510572
-
IndustryNot mentioned
-
Total Positions1
-
Job Type:Full Time
-
Salary:Not mentioned
-
Employment StatusPermanent
-
Job LocationDurban, KwaZulu-Natal, South Africa
-
EducationNot mentioned