Regulatory Analyst: London KYC (Fixed-term contract) at Nedbank

Job Purpose

• To manage UK KYC-related activities & functions on client onboarding and maintenance that are executed within defined standards & requirements as required by the UK regulator.

Job Responsibilities

• Maintain a departmental set of management & record keeping standards ensuring compliance with relevant UK KYC standards and Nedbank internal standards.
• Identification of risk
• Ensure effective processing of KYC and all client data related capturing and records maintained
• Maintain sound relationships with the relevant internal and external stakeholders by ensuring achievement of high levels & quality of service delivery as experienced by stakeholders contributing to customer retention.
• Improve client relationships through focused NCIB client strategy.
• Ensure the validation function on KYC both in the context of new to bank and reviews.
• Review clients by ensuring that "gaps" are identified in the KYC requirements of existing clients.
• Liaise with front line relationship managers and UK MLRO and Financial Crime Officer with regard to exceptions to standards. 
• Ensure that all exceptions are managed & resolved within agreed SLA's.
• Ensure that defined transactional processing & UK KYC-related activities & functions are executed within defined standards & requirements while simultaneously maintaining control over applicable processes.
• Ensure that Data inputs are correctly & accurately captured
• Manage client reviews based on the risk criteria assigned to clients and facilitate and co-ordinate the review processes for NCIB.
• Analysis of PEP and sanctions alerts and determining an outcome whether a true match to the party in question as well as determining the residual risk of a PEP
• Understanding the compliance requirements of UK customers such as client categorisation, FSCS etc.
• Essential Qualifications - NQF Level
• Matric / Grade 12 / National Senior Certificate
• Preferred Qualification
• Diploma or Degree or Certificate in Compliance, AML

Minimum Experience Level

• 3-5 years general banking experience, with knowledge of KYC
• In depth knowledge and application of UK regulations is required  

Technical / Professional Knowledge

• Administrative procedures and systems
• Data analysis
• Microsoft Office
• Relevant regulatory knowledge
• Business writing skills
• Financial Acumen
• Relevant product knowledge
• Knowledge of risk
• Relevant system knowledge

Behavioural Competencies

• Adaptability
• Building Customer Loyalty
• Continuous Learning
• Collaborating
• Work Standards
• Managing Work