Description

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.