AML Analyst

Key responsibilites

First Line AML Analyst On-boarding function, screening, risk rating, customer due diligence, enhanced due diligence
- First Line AML Analyst KYC data Maintenance Functions
- First Line AML Analyst KYC Termination Functions
- First Line AML Analyst Function for Annual Data Maintenance
- First Line AML Analyst Function for ORMS dashboard case management and investigations
- First Line AML Analyst Function Relating to Third Party Payments
- First Line AML Analyst Function Relating to Section 27 and Fraud Cases
- First Line AML Analyst Function Relating to AML Comfort Letters
- First Line AML Analyst Function Relating to KYC/FICA onboarding checks with internal audit and compliance
- First Line CRM KYC capturing
- Perform all AML Analyst client due diligence request
- Perform all Counter Party AML due diligence request
- Perform direct AML due diligence request
- Manage all complex and client sensitive on-boarding’s
- Manage counter party and reliance relationships
- Enhance DD at onboarding, change of information and continuous monitoring checks
- Co-creating and contributing to a client centric on-boarding process and framework
- Alert to client concerns, escalating issues and finding potential work arounds at on boarding and periodic reviews
- Co-creating streamlined on-boarding’s between internal processes and counterparty on-boarding’s
- Establishing AML requirements upfront and helping the front office communicate these to clients
- Ensuring adherence to the FICA regulation operationally
- Assist internal audit and compliance with regulatory amendments which require comments or implementation or enhancements of current procedures
- Ensure adherence to the Risk Management Compliance Plan and contribute to any changes
- Formal reporting to boards, compliance, and risk management teams
Execute the AML processes and procedures in line with Risk
Management Compliance Plan and regulation

Knowledge And Skills

Compliance monitoring

Administration

Ensures quality advice and training on compliance and accreditation

Business Processes

Services Knowledge

Minimum requirements

- Relevant tertiary qualification (advantageous)
- At least 3 years’ experience in AML