Compliance Analyst

SUMMARY:
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POSITION INFO:

Requirements:

• A Matric Certificate with a relevant tertiary qualification (focused on FICA/KYC)
• A minimum of 3 to 5 years’ experience in a finance environment.
• A minimum of 3 to 5 years’ experience with KYC processes.
• A minimum of 3 to 5 years’ experience in compliance and risk management

Responsibilities:

• Understand and apply all relevant regulatory and statutory requirements, such as the FIC Act and FICA.
• Receive KYC, NBI, and LPA requests from the dashboard and update processing actions.
• Analyse details provided on Firm questionnaires for FICA purposes using relevant sources to search and verify information.
• Check to ensure that all relevant supporting documentation has been provided.
• Process confirmations of ultimate beneficial owners, PEPs, and adverse information to assess and determine the level of risk to the firm.
• Respond to and resolve all general and system queries related to FICA requirements promptly.
• Follow the escalation process when dealing with high-risk clients as per standard operating procedures.