NEDBANK | Regulatory Analyst/ FICA Administrator X3

Closing Date

02 August 2021

Job Purpose

To manage transactional processing & FICA-related activities & functions are executed within defined standards & requirements while simultaneously maintaining control over applicable processes and in accordance with Client Operations Strategy.

Job Responsibilities

Manage Financial and Business Results

• Minimise losses and reduce overall cost of client operations by maintaining high work standards and vigilant risk management.
• Maintain a departmental set of management & record keeping standards ensuring compliance with relevant requirements, conditions, and standards.
• Testing for record keeping retrieval to be conducted on a bi-annual basis to ensure that the retrieval timelines can be adhered to if the FIC requested MLC information, records or transaction information

Manage Stakeholder Relationships

• Ensure effective processing of FICA 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.

Manage Internal Processes

• Ensure the validation function on KYC/FICA both in the context of new to bank and reviews.
• Review clients by ensuring that “gaps” are identified in the FICA/KYC requirements of existing clients.
• Liaise with front line relationship managers with regard to sourcing missing data / documents from clients.
• Ensure that all NCIB Client records are optimally managed and maintained.
• Ensure that all exceptions are managed & resolved within agreed SLA’s.
• Ensure that defined transactional processing & FICA-related activities & functions are executed within defined standards & requirements while simultaneously maintaining control over applicable processes.
• Ensure that Data inputs are correctly & accurately captured
• Ensure that project goals are accomplished & are in line with business objectives.
• Manage client reviews based on the risk criteria assigned to clients and facilitate and co-ordinate the review processes for NCIB
• Quality assurance sign off in terms of FICA to ensure correct application and approval of KYC information on client files

Essential Qualifications – NQF Level

Preferred Qualification

Diploma / Degree or Certificate in Compliance, AML.

Type of Exposure

Minimum Experience Level

1-2 years general banking experience, with knowledge of KYC/ FICA.

Technical / Professional Knowledge

Behavioural Competencies

Employment Equity Statement:

PREFERENCE WILL BE GIVEN TO INDIVIDUALS FROM UNDERREPRESENTED GROUPS.