FICA Onboarding Officer

About the position

Major Law firm is seeking  a FICA Onboarding Officer within their Risk and Compliance Department
Responsibilities:

• Review, capture and ensure accuracy of client data on the onboarding system;
• Conduct CDD in respect of clients;
• Conduct research in respect of various sources (eg CIPC, Department of Home Affairs, etc) and compare to client's profile;
• Analyse sanctions, PEP and adverse media alerts on the system when onboarding
• Conduct EDD in respect of high-risk
• Prepare EDD templates for high-risk clients and submit same to the Risk Committee for Action the decision of the Risk Committee;
• Liaise with lawyers and secretaries to obtain outstanding CDD and EDD information;
• Attend to daily alerts raised by the onboarding system and action accordingly;
• Ensure that CDD information is current when new matters are opened for existing Update existing clients' CDD information and re-screen and re-risk rate existing clients with new matters;
• Assist with reporting Suspicious Transactions Reports (STRs), Cash Transaction Reports (CTRs) and Terrorist Property Reports (TPRs) to the FIC (including, but not limited to collating information);
• Assist with attending to all other requests for information from the regulator;
• Conduct ad hoc and periodic reviews on existing client population;
• Analyse constitutive documents of entity type clients, share registers, shareholder agreements, trust deeds, partnership agreements, etc in order to determine the Ultimate Beneficial Owners (UBOs) for entity type clients and document evidence in respect of
• Assist with the development and maintenance of the Firm's internal screening list;
• Ensure that all onboarding and reviews comply with the Firm's CDD and EDD requirements, applicable process documents, as well as the Risk Management and Compliance Programme (RMCP) in general;
• Assist with induction training for secretaries in respect of the system and onboarding requirements;
• Attend to any other administrative and compliance-related tasks assigned by the Compliance Risk Manager and

Requirements:

• Any of the following qualifications: LLB; BCOM; Risk Certificate; Anti-Money Laundering Certificate; or Compliance
• At least 2 years relevant experience; and/or at least 2 years of experience in an AML risk or compliance

Only shortlisted candidates will be contacted.

Desired Skills:

• AML
• Compliance
• FICA Onboarding Officer