SUMMARY:
Job Duties:
Conduct AML Operations
Handle transfer agency tasks
Onboard legal entities and UBO co
POSITION INFO:
JOB DESCRIPTION: KYC Analyst
Location:
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.
