AML Onboarding Consultant AML

AML Onboarding Consultant AML Rondebosch Cape Town

 

Our Client investment / retirement funds company in the financial services industry is looking for an AML Onboarding Consultant in the Rondebosch Southern Suburbs of cape Town area with experience from Manco, FICA and FATCA. Their products include fund policies, living annuity, endowment, unit trust, tax-free savings accounts. You need specific client onboarding experience. You will report to the compliance officer. Primary role is to fulfil the role of a AML/FIC Administrator (Anti-Money Laundering / Financial Intelligence Centre Act Administrator) who ensures that our business complies with South Africa’s financial crime legislation, primarily the FIC Act.

Salary negotiable – THIS IS AN EE POSITION ONLY

Requirements

Matric

AML Certification an advantage

Relevant experience of at least 2+ years a related role where you have dealt with all processes relating to client onboarding.

Sound foundational understanding and exposure to the various applicable legislation including but not limited to

This role is vital for businesses classified as “accountable institutions” to combat money laundering and terrorist financing.

Experience with UT Manco environment and operations and FICA & FATCA

 

Responsibilities

Client onboarding process and account creation for individuals and legal entities which includes nCino (AML, CDD system) and the unit registry system across all outsourced companies where administration is performed.

Perform validation checks on the Client documents submitted for onboarding a new investor to ensure the necessary FICA requirements are met in accordance with the FIC and the relevant RMCP before loading investor onto the unit registry system.

Ensure all client accounts are loaded and authorised in the AML system nCino.

Follow-up on outstanding information/documents with the Client and deliver exceptional client service, by providing Client with regular feedback.

Work with Compliance and Internal audit to ensure adherence to the FICA RMCP.

Submit all High-Risk clients to Compliance and review that it is completed.

Review all static data change requests and perform relevant client call backs to verify the changes.

Implementing and maintaining process controls using workflow management.

Ensuring all items have relevant comments for audit purposes and escalate any aged items.

Ensure there are no aged items in individual queues.

Review all current clients and remediate where FICA requirements are not met.

 

FROGG Recruitment

 

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