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 Due Diligence, Attention To Detail, Compliance, Banking
Skills Required
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Job Detail
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Job IdJD1512950
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDurban, KwaZulu-Natal, South Africa
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EducationNot mentioned