KYC/AML Analyst - Risk & Compliance

Watershed Consulting; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading bank in Durban is seeking an experienced KYC - AML Analyst to join their compliance team. You will review accounts, manage workflows, and prepare compliance reports while ensuring adherence to local regulations and best practices. The ideal candidate will have a minimum of 3 years' experience in a compliance position within banking and possess an LLB qualification or equivalent. This role offers a market-related remuneration package.

Qualifications

• 3 years' experience in a compliance/regulatory position in a banking environment.
• In-depth understanding of FIC Act and related legislation.

Responsibilities

• Review high, medium, and low risk accounts.
• Manage workflow for renewal of high risk accounts.
• Prepare enhanced due diligence (EDD) and customer due diligence (CDD) reports.

Skills

Compliance knowledge

Risk assessment

Stakeholder communication

Document validation

Education

LLB qualification or similar

Compliance-related courses

Job description

A leading bank in Durban is seeking an experienced KYC - AML Analyst to join their compliance team. You will review accounts, manage workflows, and prepare compliance reports while ensuring adherence to local regulations and best practices. The ideal candidate will have a minimum of 3 years' experience in a compliance position within banking and possess an LLB qualification or equivalent. This role offers a market-related remuneration package.