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.

Want to do another search?