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Job Description

This role will provide on-going support to the High-Risk Relationship Team in OMI. The incumbent will Independently review client risk assessments / risk ratings from an AML/CFT perspective, to ensure they are completed in accordance with policies, procedures, and regulatory requirements.

The incumbent will also support in the review and clearing of AML/CFT screening hits as well as providing support in ad hoc projects within the High-Risk Relationship Team.

Key responsibilities will include amongst others the following:

• Independently conduct and review Client Risk Assessments / Risk Rating from an AML/CFT perspective and ensuring the required KYC documents are collected.

• Review adverse media and clearing of AML/CFT sanction hits – knowledge of Dow Jones and/or WorldCheck is advantageous in this regard.

• Identify and conduct client risk assessments on PEP clients

• Understand high risk industries and ensure correct sign-off is obtained

• Often acts as a point of escalation and liaise with internal stakeholders to ensure resolution.

• Contributes to the overall client delivery and experience.

• Advises on system enhancements and testing.

• Ensures first time resolution of all client queries received.

• Supporting on the daily review and approval of Client Risk Assessments on all client instructions pertaining to Individuals and Entities where required.

• Perform Client Due diligence in line with FICA requirements and offshore regulatory requirements.

• Utilise problem solving skills to resolve complex queries.

• Maintain an awareness and ability to identify and avert potential risk issues.

• Apply and adhere to OMI’s policies and procedures, always maintaining a comprehensive understanding to pro-actively identify and propose improvements on an ongoing basis.

• Report findings in a timely manner to relevant client teams.

• Identify areas to improve own knowledge and skills and actively seek assistance.

• Maintain an up to date understanding of the relevant legal and regulatory requirement.

• Identify and do assessments on PEP clients

Qualifications and Experience required:

• Minimum of 5 years working experience in a KYC/ Compliance role.

• Degree in Law/ LLB will be advantageous

• Knowledge of legislation, regulations, and legal principles applicable to the financial services industry.

• AML/CFT and FATCA/CRS compliance experience in offshore markets will be advantageous

• Experience working on the administration of both individuals and Entities

• Excellent written and verbal communications skills.

• Excel skills is advantageous.

• Strong attention to detail.

 

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Skills

Compliance Software, Computer Literacy, Customs Compliance, Data Compilation, Engineering Standards, Evaluating Information, Learning and Development (L&D), Legal Practices, Management Reporting, Oral Communications, Professional Presentation, Regulatory Compliance Management

Competencies

Action Oriented

Communicates Effectively

Decision Quality

Ensures Accountability

Instills Trust

Manages Complexity

Optimizes Work Processes

Organizational Savvy

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

09 September 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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