AML/KYC Analyst

Introduction

Analytical and detail-oriented Financial Crime Compliance Professional with extensive experience managing end-to-end Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) lifecycles. Proven track record of protecting institutional integrity by overseeing high-risk account workflows, conducting specialized PEP reviews, and ensuring strict adherence to local banking regulations and internal policies.

Duties & Responsibilities

• Reviewing High, Medium and Low risk accounts and completion of targets, while ensuring compliance to local laws, rules and regulations and policies, directives and guidance.

• Manage the workflow of the renewal of high-risk accounts for Branches.

• Manage the workflow of new high-risk accounts for Branches.

• Review of medium and lower risk accounts as part of the Bank’s internal policy of reviewing such accounts (REKYC).

• Co-ordinate and maintain appropriate working relationship with all key stakeholders in the bank directly related to customer accounts i.e. Branch Managers, Relationship Managers and Compliance.

• Prepared Enhance Due Diligence and Customer Due Diligence Reports.

• Conduct review and EDD for PEP accounts.

• Review validity of documents for clients for CDD and EDD Reports.

• Communicate with compliance on progress on CDD and EDD.

• Deal with matters arising from CDD and EDD.

Key Competencies

• HPLUS proficiency.

• Time management

• Attention to detail.

• Strong knowledge of industry protocols and best practices

Desired Experience & Qualification

• 1-3 years’ experience in a compliance/regulatory position in a banking environment

• LLB qualification/or similar and other compliance related courses/qualifications

• Good understanding and knowledge of FIC Act, Regulations, Directives etc and other applicable legislation impacting Banks

Package & Remuneration

R260k p/a

Interested?

If you are interested in the position, please send your updated CV to  recruitment@korakhoa.co.za