Compliance Analyst

Job description

• A Degree/ diploma in Management Sciences (FICA / KYC).

• Matric is essential.

• 5 years' experience in finance.

• 5 years' experience in KYC process.

• 5 years' experience in compliance and risk management.

• Experience within the legal or management consulting industry is preferred.

• Understanding and applying all relevant regulatory and statutory requirements, such as the FIC Act and FICA.

• Receiving KYC, NBI, and LPA requests from the dashboard and update processing actions.

• Analyzing details provided on Firm questionnaires for FICA purposes using relevant sources to search and verify information.

• Checking to ensuring that all relevant supporting documentation has been provided.

• Processing confirmations of ultimate beneficial owners, PEPs, and adverse information to assess and determine the level of risk to the firm.

• Responding to and resolve all general and system queries related to FICA requirements promptly.

• Following the escalation process when dealing with high-risk clients as per standard operating procedures.

• Following up and resolve escalated system queries by logging requests or incidents.

• Monitoring alerts and reports received on an ongoing basis.

• Maintaining and filing documents on a central database, including engagement letters and compliance memos, accordingly.

Requirements

• Analysis

• FICA

• Policy Enforcement

• Regulatory Reporting