Compliance Analyst

Minimum Requirements

• Grade 12 / Matric / NQF level 4 in Management Sciences (FICA / KYC)
• 2-5 years of relevant experience

Responsibilities

• Understand and apply all relevant regulatory/statutory requirements such as the FIC Act, FICA, etc.
• Receive KYC (Know Your Client), NBI (New Business Intake), and LPA (Legal Practice Act) requests from the dashboard and update processing actions.
• Analyse details provided on Firm questionnaire for FICA purposes, and utilize relevant sources to search and verify.
• Check to ensure that all relevant supporting documentation has been provided.
• Process confirmations of ultimate beneficial owner/s, PEP, adverse information and analyze information (both provided and researched) to determine the level of risk to the firm.
• Respond to and resolve all general and system queries in relation to FICA requirements timeously.
• Monitor alerts and reports received on an ongoing basis.
• Maintain and file documents on a central database including engagement letters and compliance memos accordingly.
• Responsible for linking client codes to matters and managing the linking of lead matters in the system as per instructions received.