AML/KYC Analyst: EDD & CDD Specialist

KORAKHOA SOLUTIONS; Durban; On-site; ZAR 240 000 - 310 000; Full time

Job summary

A banking solutions provider in Durban seeks a Compliance Officer to manage customer account reviews and ensure adherence to regulations. The role involves handling high and medium risk accounts, preparing due diligence reports, and maintaining key stakeholder relationships. Candidates should have a minimum of 1-3 years in a regulatory role within banking, an LLB qualification, and a strong understanding of financial legislation. This full-time position offers a monthly salary range of ZAR 240,000 - 310,000.

Qualifications

• 1-3 years of experience in a compliance/regulatory position in a banking environment.
• In-depth understanding of FIC Act Regulations and other applicable legislation impacting banks.
• 5+ years of banking experience specializing in credit.

Responsibilities

• Review high, medium, and low-risk accounts ensuring compliance with regulations.
• Manage workflows for new and renewal of high-risk accounts.
• Prepare Enhanced Due Diligence and Customer Due Diligence Reports.

Skills

Attention to detail

Client relationship management

Regulatory compliance

Education

LLB qualification or similar

Relevant Bachelor's Degree (BCom, BCom Honours)

Tools

ArcGIS

Python

R

Job description

A banking solutions provider in Durban seeks a Compliance Officer to manage customer account reviews and ensure adherence to regulations. The role involves handling high and medium risk accounts, preparing due diligence reports, and maintaining key stakeholder relationships. Candidates should have a minimum of 1-3 years in a regulatory role within banking, an LLB qualification, and a strong understanding of financial legislation. This full-time position offers a monthly salary range of ZAR 240,000 - 310,000.