• As an analyst, your duties will include reviewing screening (PEP, Sanctions and Adverse Media) alerts on Nice Actimize to determine if an alert is false positive or a true match. In the event of a true match, you will be required to escalate these cases to senior management.

Key Outputs

• Review all alerts for PEP, Sanction and Adverse media triggers of possible matches.
• Conduct independent research to gather and record data from internal systems, commercial databases, and the Internet.
• Compiling detailed reasoning for true matches.
• Escalation of true matches to senior management for approval.
• Assist with ad hoc screening.
• Handle simplified due diligence investigations to support policies and procedures.
• Ensure efficient identification, monitoring and reporting of accounts considered high risk.
• Stay current with money laundering and terrorist financing policies, regulations, criminal typologies, industry best practices, and developing trends.
• Help in identifying potential weaknesses in processes.
• Act as a subject matter expert to employees, providing guidance on what actions to take in dealing with high-risk accounts related to PEPs, Sanctions and Adverse media customers.
• Ensure proper record-keeping of data collected and analysed.
• Write and prepare suspicious activity reports (SARs &TFARs) when applicable

Qualifications: 

• Matric
• LLB or Forensic degree
• Must have attained 60% across their studies, please include a copy of your academic record

Knowledge: 

• Computer literacy and proficiency in Microsoft Office Suite (Word, Excel, Project, PowerPoint)
• Ability to use pivot tables and work with an advanced statistical database and statistical methods and functions
• Familiarity with AML issues concerning onboarding new customers
• Anti-Money Laundering diploma or similar qualifications an advantage

Skills: 

• Superior analytical skills
• Ability to organize and analyze complex data sets
• Ability to easily grasp and comprehend AML risks specific to a particular business unit and develop extensive user requirements as well as recommend automated solutions to reduce those risks
• Experience using data mining/analytical tools and KYC automated solutions would be a distinct advantage
• Strong research skills and experience working with online research tools

Key behavioural skills and attributes that would make a candidate successful in this role:

• Strong interpersonal and organizational skills
• Successful candidate must be detail-oriented

Responsibilities

• Client Issue Diagnosis
• Collate and conduct initial analysis of the information gathered through interviews and research to support the diagnosis of underlying client issues and problems and the design of single solutions.
• Customer Service
• Act as first-line supervisor of a team providing customer service support, and play a key role in helping to achieve targets in areas such as productivity or turnaround times. Deal with most complex and valuable issues.
• Community of Practice Management
• Participate in a community of practice in a defined area of expertise or consulting to begin to build own expertise.
• Product/Service Information
• Provide advanced product/service information and respond to basic customer questions about the product/service.
• Data Collection and Analysis
• Produce accurate reports for others by collecting data from a variety of standard sources and inputting it into standard formats.
• Knowledge Management
• Collect and create content, best practices, and case studies to capture and share knowledge.
• Personal Capability Building
• Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching. Develop and maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.
• Solutions Analysis
• Find the most effective ways to respond to routine functional inquiries. Involves following procedures and precedents.
• Operational Compliance
• Develop knowledge and understanding of the organization’s policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards. Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure.
• Improvement/Innovation
• Implement improvements and provide feedback on them. Use change management systems and protocols to provide routine support services.

Skills

• Analytical Tools, Business Case Development, Client Needs Analysis, Consulting, Customer Complaint Management, Customer Service, Customer Service Delivery, Customer Service Operations, Customer Technical Support, Data Compilation, Developing Creative Solutions, Due Diligence, Evaluating Information, Knowledge Management, Legal Practices, Oral Communications, Research Tools, Service to Sales, Solution Analysis

Education

• Bachelor Of Laws (LLB): Law (Required), Bachelors Degree (B): Forensic Science (Required)