AML analyst

at Discovery
Location Johannesburg, South Africa
Date Posted Oct 21, 2020
Category Accounting Finance Jobs
Job Type Full-time

Description

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

 

About the area

To provide sound advice regarding legislation, regulation, industry standards, codes, guidelines and best practice to the different business units within Discovery Retail Distribution through the application of Compliance Risk Management principles, policies, processes and procedures.

 

Key Purpose

To provide administrative support to the compliance department.

 

Areas of responsibility may include but not limited to

  • KI Applications
  • Contacting the relevant people to get information
  • After collating the information you type out the KI Application Form
  • If no motivation letter is attached, you need to have it typed out
  • KI Cancellations
  • Type up a letter regarding the cancellation of that particular KI
  • Submit to the FSB
  • Continuously make a follow up with the FSB to check if this request has been processed and also check on the FSB’s website.
  • FSP Applications
  • Lapsing of License
  • Contacting the relevant people to get information
  • Drafting of the necessary documentation regarding the lapse and submit to the FSB
  • Removal of the Compliance Officer
  • Maintain the Profile Changes Register
  • Send any profile changes notification/instructions to the FSB and update the requestor.
  • Liaise with the FSB to ensure that there is an updated List of Company Directors.
  • Liaise with the Company Secretary
  • Do Applications
  • Process Compliance Screening & Forensics for all subsidiaries of Discovery

Personal Attributes and Skills

  • Knowledge of Business Procedures, Rules, Processes and Controls.
  • Judgment and decision making
  • Conflict management
  • Client service orientation
  • Strong analytical skills and attention to detail

 

Education and Experience

  • Bachelor’s Degree in Commerce or legal
  • 3-4 years’ relevant work experience in a compliance department
  • Budgeting experience
  • Business Analysis or Process Analysis experience
  • Good understanding of the compliance environment
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