KYB & Compliance Onboarding Analyst (Financial Services)

Our client is a fast-growing financial technology company specialising in digital asset trading, cross-border payments, and fiat-to-crypto solutions.

They provide businesses with secure and efficient financial infrastructure, enabling them to move funds, access digital assets, and transact seamlessly across traditional and digital financial markets. 

Their mission is to simplify global financial transactions through innovative technology, reliable infrastructure, and a strong commitment to regulatory compliance.

As they continue to expand their operations and international client base, they are looking for a detail-oriented and proactive KYB & Compliance Onboarding Analyst to join our team.

 

About the Role

They are seeking a KYB & Compliance Onboarding Analyst to manage the end-to-end onboarding and due diligence process for our corporate and institutional clients. 

The role requires a strong understanding of Know Your Business (KYB), Anti-Money Laundering (AML), and risk-based compliance practices within a fintech or financial services environment. 

The successful candidate will be responsible for reviewing corporate structures, verifying beneficial ownership, conducting due diligence, and assessing client risk in accordance with regulatory requirements and internal policies.

Hands-on experience with Sumsub is essential, as the platform forms an integral part of our client onboarding and verification processes. 

This role requires excellent attention to detail, sound judgement, strong investigative skills, and the ability to manage multiple onboarding applications efficiently while maintaining high compliance standards. 

The analyst will work closely with our clients Compliance, Operations, Trading, and Commercial teams to ensure a smooth and compliant onboarding experience.

 

Job Type: Fulltime | Permanent

Location: Cape Town

Workplace: Onsite

  

Requirements

• Minimum 2 years' experience in KYB, corporate onboarding, or compliance within the fintech, payments, banking, cryptocurrency, or financial services industry.
  
• Practical, hands-on experience using Sumsub is essential, including managing onboarding applications, reviewing verification results, and investigating screening alerts.
  
• Strong understanding of KYB, KYC, AML/CFT, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
  
• Proven experience reviewing corporate documentation, analysing ownership structures, and identifying Ultimate Beneficial Owners (UBOs).
  
• Experience conducting sanctions, PEP, and adverse media screening, including investigating potential matches and managing escalations.
  
• Ability to assess source of funds, source of wealth, business activities, and expected transaction behaviour.
  
• Strong analytical and investigative skills, with the ability to identify inconsistencies, recognise potential risks, and make informed recommendations.
  
• Familiarity with South African AML/CFT regulatory requirements, particularly the Financial Intelligence Centre Act (FICA).
  
• Excellent written and verbal communication skills in English.
  
• Strong organisational skills and the ability to manage multiple onboarding applications simultaneously.
  
• Exceptional attention to detail and a commitment to maintaining accurate compliance records.
  
• Ability to work independently, exercise sound judgement, and thrive in a fast-paced environment.
   

Responsibilities

Corporate Onboarding & KYB

• Manage the end-to-end KYB onboarding process for corporate and institutional clients, ensuring compliance with internal policies and applicable regulatory requirements.
• Collect, review, and verify corporate documentation, including certificates of incorporation, shareholder registers, director information, ownership structures, and other supporting documents.
• Analyse complex corporate ownership structures to identify and verify Ultimate Beneficial Owners (UBOs) and relevant controlling individuals.
• Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), where required, based on client risk profiles.
• Review and assess clients' business activities, transaction purposes, expected trading volumes, and source of funds/source of wealth information.
• Identify discrepancies, missing information, or potential red flags in onboarding applications and request additional documentation or clarification where necessary.
   

Compliance Screening & Risk Assessments

• Conduct sanctions, Politically Exposed Persons (PEPs), and adverse media screening on corporate entities, directors, shareholders, UBOs, and other relevant individuals.
  
• Investigate and resolve potential screening matches, documenting findings and escalating material risks where appropriate. 
• Perform risk-based assessments of corporate clients, considering jurisdictional exposure, business activities, ownership structures, transaction patterns, and other relevant risk factors.
  
• Identify higher-risk clients and recommend appropriate enhanced due diligence measures or escalation to senior compliance personnel.
  
• Ensure onboarding decisions are consistent with our client's Management and Compliance Programme (RMCP) and applicable AML/CFT regulatory requirements.
   

Sumsub & Onboarding Systems

• Utilise Sumsub to manage corporate onboarding applications, conduct identity and business verification, and perform compliance screening.
  
• Review and investigate verification results, screening alerts, and flagged applications within Sumsub.
  
• Ensure client information, supporting documentation, risk assessments, and onboarding decisions are accurately recorded and maintained within the platform.
  
• Identify opportunities to improve onboarding workflows, verification processes, and the effective use of Sumsub's features.

 

Ongoing Compliance & Process Improvement

• Maintain accurate, complete, and audit-ready client records.
  
• Conduct periodic KYC/KYB reviews and assist with ongoing due diligence requirements.
  
• Liaise with clients and internal teams to resolve onboarding queries and outstanding compliance requirements.
  
• Ensure onboarding applications are processed efficiently while meeting internal service level expectations.
  
• Identify potential compliance risks and recommend improvements to onboarding procedures and controls.
  
• Stay informed of developments in AML/CFT regulations, KYB requirements, and financial crime prevention practices.
   

Nice to Have

• Experience onboarding international corporate clients, particularly across African, European, UK, and US jurisdictions.
• Familiarity with international AML/CFT standards and regulatory requirements.
• Experience working with cryptocurrency exchanges, OTC trading desks, payment service providers, or cross-border payment businesses.
• Understanding of blockchain transactions, digital assets, and associated financial crime risks.
• Experience with complex or multi-layered corporate structures, including trusts and offshore entities.
• Experience supporting transaction monitoring, periodic client reviews, or compliance investigations.
• Relevant compliance certifications or qualifications, such as ACAMS, ICA, or similar.