Prepare specialist operations information for all stakeholders of the business for informed decision making.
Responsible for all remediation projects (i.e. PEPs, HRR BOW, HRI, Trigger events, HRR BAU On-boarding, HRR STR
Suspicious Transactions Reporting).
Perform gap analysis and transactional analysis for all clients 90 days prior to remediation date.
Work with frontline colleagues to implement the relevant client contact strategy for the regions (e.g. via e-mail/SMS/Visitation/Telephone etc.).
Perform client reviews on anniversary refresh as per RBA (Risk Based Approach) – High, Annually; Medium 3yrs, and Low 5yrs.
Update all relevant systems to ensure clients are fully remediated.
Ensure remediation of all deregistered entities to minimize the risk of doing business with entities that are non-compliant to Companies Law.
Perform remediation requirements for all clients in/to be placed in restrictive control.
Manage the special deferrals within the frontline in line with the governance and approval process.

Minimum NQF Level 5 or equivalent qualifications
2-3 years Banking experience with at least 1 years exposure in regulatory related functions
General banking understanding (including client and product knowledge)
Good understanding of KYC methodology, and regulatory framework
Knowledge of Remediation and Refresh Standards
Understanding of quality standards
Strong interpersonal and relationship skills.

Consultant, Onboarding

Key skills