Compliance Analyst

Durban - South Africa

Monthly Salary: ZAR 550 - 550

Experience Required: 4-5years

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Review and clear sanction alerts
Escalate suspicious sanction alerts
Daily regulatory reporting to the FIC including CTRs and IFTR
Review and respond to Sections 27 and 32 requests from the FIC
Ensure payments to SARS made timeously
Conduct Compliance monitoring as per monitoring plan and compile monitoring reports
Respond to branches requests including to freeze unfreeze and remove dormancy on accounts
Collaborate with and provide information to internal and external auditors
Address branch queries on compliance related matters
Perform various general administrative duties such as maintenance of ongoing projects

Requirements

13 years experience in a compliance/regulatory position in a banking environment
LLB qualification/or similar and other compliance-related courses/qualifications
Understanding and working knowledge of FIC Act Regulations and other applicable legislation impacting Banks
Attention to detail
Exemplify strong knowledge of industry protocols and best practices

Required Skills:

- Relevant Bachelors Degree (BCom BCom Honours in Banking etc). - Minimum of 5 years banking experience specialising in credit. - Ensure all activities are completed within timescales and with high degree of accuracy whilst providing excellent service and adhering to all appropriate processes and procedures. - Building and maintaining positive client relationships.

Review and clear sanction alertsEscalate suspicious sanction alerts Daily regulatory reporting to the FIC including CTRs and IFTR Review and respond to Sections 27 and 32 requests from the FIC Ensure payments to SARS made timeously Conduct Compliance monitoring as per monitoring plan and compile mo...