KYC & Remediation Analyst

Reference: NFR011731-Angie-1

Are you an experienced KYC and Compliance professional looking to take the next step in your career within the financial services industry?

A financial services organisation is looking for a Client Accounts KYC and Remediation Analyst to strengthen its compliance function, with a particular focus on reviewing and updating existing client records in line with current regulatory requirements. Duties & Responsibilities This role offers the opportunity to take ownership of remediation cases, work with higher-risk client profiles and contribute to improving KYC processes, systems and controls. The successful candidate will play an important role in ensuring that client records remain compliant with FICA, AML/CFT, FATCA and CRS requirements.

Key Responsibilities
KYC Remediation & Client Due Diligence

• Review and remediate existing client files in accordance with the Risk-Based Approach (RBA) and Risk Management and Compliance Programme (RMCP).
• Conduct gap analyses to identify missing or outdated documentation and information.
• Perform customer due diligence (CDD) and enhanced due diligence (EDD), including identity verification, proof of address, source of funds, source of wealth and beneficial ownership.
• Prioritise high-risk, PEP and legal-entity client files.
• Obtain outstanding documentation through client and adviser engagement and manage follow-ups.
• Maintain remediation trackers and provide regular progress reports.
• Ensure FATCA and CRS documentation and tax residency information are accurate and complete.

Screening & Compliance Monitoring

• Review PEP, sanctions and adverse media screening alerts and investigate potential matches.
• Conduct independent research and due diligence investigations using internal systems, commercial databases and online resources.
• Identify potential compliance red flags and escalate suspicious or unusual activity to the Money Laundering Reporting Officer (MLRO).
• Prepare suspicious activity reports (SARs) and supporting investigation documentation.
• Maintain accurate, complete and audit-ready client records.

Client Accounts & Quality Assurance

• Review new client applications to assess the quality and accuracy of KYC documentation.
• Process client information and account changes within agreed turnaround times.
• Assist with new client applications during peak periods.
• Provide feedback to the applications team on recurring documentation and processing errors.
• Monitor high-risk and PEP accounts and ensure periodic reviews are completed.

Process Improvement & Stakeholder Engagement

• Identify opportunities to improve KYC, onboarding and remediation processes.
• Contribute to KYC automation and system improvement initiatives.
• Assist with testing system changes and new technology developments.
• Engage with internal stakeholders, advisers and clients regarding outstanding applications and remediation cases.
• Keep up to date with regulatory changes, money laundering typologies and industry best practices.

Job Experience and Skills Required

• NQF Level 6 qualification or equivalent in Finance, Law, Commerce, Compliance or a related field.
• 2–4 years' experience in KYC, client onboarding, AML or compliance within financial services.
• Working knowledge of FICA, RMCP and the Risk-Based Approach.
• Practical understanding of FATCA and CRS requirements and documentation.
• Understanding of beneficial ownership requirements for companies and trusts.
• Knowledge of PEP and sanctions screening, AML and anti-bribery and corruption (ABC) policies.
• Experience reviewing KYC documentation and conducting AML-related investigations.
• Strong Microsoft Office skills, particularly Excel, including pivot tables and working with large data sets.
• Experience with data mining, analytical tools or automated KYC solutions would be advantageous.
• Compliance Institute Southern Africa (CISA) or ACAMS certification, completed or in progress, would be advantageous.

f you have a solid understanding of KYC, FICA and AML requirements and enjoy working with complex client documentation, investigations and compliance processes, this is an opportunity to further develop your expertise within a financial services environment.

For more exciting Finance vacancies, please visit:
www.networkrecruitmentinternational.com

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

We also invite you to contact us to discuss your next career move in finance!

For more information, contact:
Angelique Jardim
Specialist Recruitment Consultant Package & Remuneration R 280 000 - R 320 000