- Location
- City of Johannesburg Metropolitan Municipality, GP
- Type
- Full-time
- Department
- Finance
- Education
- Bachelor
- Closing date
- Today
- Source
- Vincere
Description
A leading organisation in the investment banking sector is recruiting an Enhanced Due Diligence (EDD) Officer. This opportunity is ideal for a compliance professional who thrives on conducting in-depth investigations, analysing complex client structures, and ensuring the highest standards of regulatory compliance. The successful candidate will play a critical role in protecting the organisation from financial crime while supporting a robust risk management framework.
Responsibilities:
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Conduct enhanced due diligence reviews for high-risk clients, including Politically Exposed Persons (PEPs), complex corporate structures, trusts and offshore entities.
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Analyse ownership structures to identify Ultimate Beneficial Owners (UBOs) and assess Source of Wealth (SOW) and Source of Funds (SOF).
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Review and validate KYC documentation for high-risk client onboarding and periodic reviews.
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Investigate adverse media, sanctions exposure and other financial crime risks using internal and external intelligence sources.
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Prepare comprehensive due diligence reports with clear risk assessments and recommendations.
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Ensure compliance with AML, CTF, FICA and other applicable regulatory requirements.
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Collaborate with Compliance, Legal, Risk and business stakeholders to manage financial crime risks and escalate material concerns where necessary.
Requirements:
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Bachelor's Degree in Law, Finance, Accounting, Risk Management, Business Management, Economics, Criminology, Commerce or a related field.
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3–5 years' experience in Enhanced Due Diligence, AML Compliance, Financial Crime Compliance or KYC within investment banking or financial services.
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Strong knowledge of AML, CTF, KYC, FICA, FATF recommendations, sanctions screening and risk-based compliance methodologies.
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Experience investigating complex ownership structures, high-risk clients and international entities.
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Exposure to tools such as World-Check, Dow Jones Risk & Compliance, LexisNexis Risk Solutions or similar screening platforms will be advantageous.
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Excellent analytical, investigative, report writing and stakeholder management skills, with exceptional attention to detail and sound professional judgement.
EE Disclaimer:
All positions will be filled in accordance with the company's Employment Equity plan. We encourage people with disabilities to apply.
Application Unsuccessful Disclaimer:
If you do not receive feedback within two weeks of your application, please consider it unsuccessful. Keep an eye on our website and other career sites for future opportunities.
REF: AD01
Skills
AMLKYCRisk ManagementLexisNexisCompliance
