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Cape Town City Centre: AML Onboarding Consultant posted by FROGG Recruitment

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Job Description

About the Role

FROGG Recruitment is seeking an experienced AML Onboarding Consultant to join our client’s team in Cape Town City Centre. As a key member of the compliance team, you will be responsible for ensuring that all clients are compliant with South Africa’s financial crime legislation, primarily the FIC Act. With a strong focus on client onboarding and account management, this role is ideal for someone with specific experience in AML/FIC Administration.

Key Responsibilities

  • Fulfil the role of an AML/FIC Administrator (Anti-Money Laundering / Financial Intelligence Centre Act Administrator) ensuring compliance with South Africa’s financial crime legislation.
  • Perform client onboarding process and account creation for individuals and legal entities, including validation checks on submitted documents.
  • Ensure all client accounts are loaded and authorised in the AML system nCino.
  • Follow-up on outstanding information/documents with clients and deliver exceptional client service by providing regular feedback.
  • Work with Compliance and Internal audit to ensure adherence to the FICA RMCP.
  • Submit high-risk clients to Compliance for review and verify changes to static data.
  • Implement and maintain process controls using workflow management.
  • Review all current clients and remediate where FICA requirements are not met.

Requirements

  • Matric certificate
  • AML Certification (an advantage)
  • Relevant experience of at least 2 years in a related role, dealing with client onboarding processes.
  • Sound foundational understanding and exposure to South Africa’s financial crime legislation, including but not limited to the FIC Act.

Qualifications

  • Formal education/certifications (if applicable)

Salary & Benefits

Salary negotiable.

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How to Apply

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

About Accounting / Finance Jobs in Cape Town Region

In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.

Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.

Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.

The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.

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For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.


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



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