KYC Analyst

2 weeks ago

Claremont, South Africa Adzuna ZA B C2 Full time
JOB DESCRIPTION: KYC AnalystLocation:

City of Cape Town, Cape Town, Claremont

Job Type:

Permanent, expected to work Full-Time hours

Primary Industry:

Insurance

Secondary Industry:

Banking and Finance

Qualifications:

B Com degree

Job Duties:
  • Conduct AML Operations
  • Handle transfer agency tasks
  • Onboard legal entities and UBO controlling persons
  • Conduct screening processes
  • Prepare Enhanced Customer Due Diligence (ECDD) for high-risk clients
  • Assess risk levels
  • Ensure Customer Due Diligence (CDD) and Source of Funds (SOF) are conducted
  • Identify suspicious transactions
  • Review investor applications, redemption, switch, top-up, and transfer instructions
  • Submit approved investor instructions to outsourced administrators
Required Qualifications:

B Com degree

Education:

Relevant degree in Banking, Finance, Investments or Insurance or related field

Experience:

Minimum of 3 years in a similar role in the financial services industry

Knowledge and Skills:
  • Strong understanding of Anti-Money Laundering (AML) regulations
  • Knowledge of KYC processes and procedures
  • Ability to conduct detailed risk assessments
  • Experience in handling high-risk clients
  • Excellent communication and interpersonal skills
  • Attention to detail and analytical mindset
Preferred Qualifications:

Certification in AML or related field

Working Conditions:

This role requires working in an office environment, regular business hours, with occasional overtime during peak periods. Some travel may be required for training or meetings.