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Johannesburg: Compliance Analyst posted by The Skills Mine

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Job Description

About the Role

The Skills Mine is seeking a highly skilled Compliance Analyst to join our team in Johannesburg. As a key member of our compliance team, you will be responsible for ensuring that all regulatory and statutory requirements are met, while also providing exceptional customer service. If you have a strong background in finance, KYC process, and compliance and risk management, we encourage you to apply.

Key Responsibilities

  • Understanding and applying all relevant regulatory and statutory requirements, such as the FIC Act and FICA.
  • Receiving KYC, NBI, and LPA requests from the dashboard and update processing actions.
  • Analyzing details provided on Firm questionnaires for FICA purposes using relevant sources to search and verify information.
  • Checking to ensure that all relevant supporting documentation has been provided.
  • Processing confirmations of ultimate beneficial owners, PEPs, and adverse information to assess and determine the level of risk to the firm.
  • Responding to and resolving all general and system queries related to FICA requirements promptly.
  • Following the escalation process when dealing with high-risk clients as per standard operating procedures.
  • Following up and resolving escalated system queries by logging requests or incidents.
  • Monitoring alerts and reports received on an ongoing basis.
  • Maintaining and filing documents on a central database, including engagement letters and compliance memos.

Requirements

  • A Degree/Diploma in Management Sciences (FICA/KYC)
  • Matric is essential
  • 5 years’ experience in finance
  • 5 years’ experience in KYC process
  • 5 years’ experience in compliance and risk management
  • Experience within the legal or management consulting industry is preferred
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Qualifications

No specific qualifications mentioned.

Salary & Benefits

Not specified.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Legal Jobs in Gauteng

In the Gauteng province, the legal profession is a common career path for individuals seeking a challenging and rewarding role. Generally, this field is expected to continue growing in demand as companies require more skilled professionals to navigate complex regulatory environments.

Typically, salaries for legal positions in Gauteng vary widely depending on factors such as experience, company size, and industry sector. While it’s difficult to provide an exact salary range, broad estimates suggest that junior legal professionals can expect to earn between R400 000 to R700 000 per annum, while senior roles may fetch upwards of R1 million to R2.5 million per year. However, these figures are subject to significant variation and should be taken as rough estimates.

Common skills required for careers in the legal profession include strong analytical and problem-solving abilities, excellent communication and writing skills, attention to detail, and a solid understanding of laws and regulations. Other essential skills often include project management, time management, and collaboration with colleagues from diverse backgrounds. Proficiency in Microsoft Office, particularly Word, Excel, and PowerPoint, is also highly valued.

The legal profession is often employed by various industries, including financial services sector, technology industry, manufacturing sector, and government institutions. In these sectors, lawyers play a critical role in advising on regulatory compliance, drafting contracts and agreements, and providing counsel on complex business matters.

Career development opportunities are abundant for those pursuing careers in the legal profession. Typically, junior lawyers can expect to progress to more senior roles within 5-10 years of experience, with potential specializations in areas such as corporate law, intellectual property law, or labor law. With experience and further education, professionals may also consider entering academia, entrepreneurship, or leadership positions.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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