Compliance Operations Officer Reference Number COMPOPS11SEP20261
Al Baraka Bank South Africa · KwaZulu-Natal
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Start free — we apply for you →MAIN FUNCTIONS OF THE JOB
Compliance Reporting
- Conduct reconciliation and validations for submission of Cash Threshold Reports CTRs and International Funds Transfer Reports IFTR to the Compliance Department
Ongoing Due Diligence
- To review all FICA documentation on existing customers.
- To ensure customers details are accurate and up to date.
- To ensure all existing clients FICA status is captured correctly according to their dealings with the bank.
- To request confirmation of details from clients by contacting them.
- To update CIFS, upload ODD Documents and send for approval.
- To block all accounts where ODD could not be concluded.
- To assist Branches with ODD Queries.
Administration
- Address/assist Branch FICA queries.
- Attends to ad hoc administration requirements as and when required.
Requirements
QUALIFICATIONS
- Minimum – Matric / Certificate in Banking or similar
PREFERRED EXPERIENCE
- Minimum experience of 1 year in a similar position.
- FICA experience required.
KNOWLEDGE REQUIRED
- Excellent understanding of FICA required
- Microsoft Office 365
NOTE
- The position requires that the candidate work alternate Saturdays.