Key Responsibilities:
Review and assess the quality of client applications processed by the team.
Process data changes for existing client accounts as directed.
Assist with processing new client applications when necessary.
Identify and report any red flags or potential issues.
Review PEP and Sanction alerts, conducting research on possible matches.
Perform independent research using internal systems, commercial databases, and online resources.
Support due diligence investigations to ensure compliance with regulatory requirements.
Monitor high-risk and PEP accounts, ensuring timely reporting.
Stay informed about trends in money laundering, terrorist financing, and regulatory changes.
Identify areas for process improvement and recommend solutions.
Remediate client accounts in line with RBA and FATCA requirements.
Maintain accurate records of data collected and actions taken.
Prepare and submit Suspicious Activity Reports (SARs).
Collaborate with project managers on new technology and process changes.
Engage with stakeholders to manage expectations for new applications.
Knowledge and Skills:
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Project), including advanced Excel skills (e.g., pivot tables).
Strong understanding of KYC, AML, FICA, and FATCA compliance.
Experience with KYC automation tools and data mining techniques.
Familiarity with PEP, Sanction policies, and risk management practices.
Detail-oriented with a strong focus on accuracy and confidentiality.
Education:
NQF Level 6, Degree or equivalent.
