Due Diligence Analyst, Business Control Unit

Company Description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services   offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

NOTE: This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.

To process new to bank client onboarding and subsequent client changes efficiently and in line with regulatory principles to complete the client review process timeously and professionally.

Qualifications

Minimum Qualification: 

• First Degree in Business Commerce or similar qualification 

Experience Required :

• 3 - 4 years experience in Operations
• General Banking Experience and Know your customer

Key Outputs :

• Assess files and request additional documentation and information where required to complete the KYC due diligence according to the internal Compliance Frameworks, other relevant regulatory standards.
• Capture and update information on our systems and check changes and updates to ensure compliance and minimise risk exposure. Review other analysts work as required. Ensure accurate capturing of stats on SharePoint.
• Communicate with internal and external customers to attend to KYC queries, telephone calls, obtain outstanding documents and resolve any other KYC queries to ensure all customer queries are resolved within laid down timeframes. Monitor and follow up on long outstanding queries.

Additional Information

Behavioural Competencies:

• Checking Things
• Developing Expertise
• Embracing Change
• Examining Information
• Following Procedures

Technical Competencies:

• Business Administration Skills
• Compliance
• Query Resolution
• Risk Management
• Verbal Communication

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