Periodic Reviews Officer

Liberty is seeking a diligent Periodic Reviews Officer to join their Personal and Private Banking (PPB) division in Johannesburg. This is a fixed-term contract position, offering a nine-month opportunity to contribute to a crucial compliance function within a leading financial services group.

About the Role

This role is central to maintaining the integrity and regulatory compliance of Liberty's client base. The Periodic Reviews Officer will be responsible for conducting thorough assessments of existing client information, ensuring it aligns with current anti-money laundering (AML), Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) standards. Accuracy, professionalism, and adherence to strict timeframes are paramount in this position, as you will play a key part in safeguarding the organisation against financial crime and ensuring regulatory adherence.

The day-to-day responsibilities of the Periodic Reviews Officer are focused on the meticulous execution of client reviews and data management. This includes:

• **Conducting KYC Reviews:** Performing detailed periodic reviews of customer files to verify identity and assess risk profiles, ensuring all information is current and accurate.
• **Documentation Management:** Proactively requesting and diligently following up on any outstanding documentation required to complete client profiles.
• **System Updates:** Accurately updating and maintaining customer information within Liberty's internal systems, ensuring data integrity and accessibility.
• **Policy and Regulatory Adherence:** Ensuring all review processes and outcomes strictly comply with both internal organisational policies and relevant regulatory requirements.
• **Query Resolution:** Effectively addressing and resolving KYC-related queries that may arise from both internal departments and external stakeholders.
• **Quality Assurance:** Reviewing the work of other analysts where necessary, providing guidance and ensuring consistent quality standards.
• **Record Keeping and Reporting:** Maintaining accurate statistics and detailed records of all review activities and outcomes.
• **SLA Monitoring:** Actively monitoring the progress of outstanding cases and ensuring their timely resolution within established service level agreement (SLA) timelines.

What They're Looking For

To excel in this role, candidates will need a solid foundation in compliance and a meticulous approach to their work. The essential qualifications and experience include:

• **Educational Background:** A Grade 12 (Matric) certificate is required.
• **Experience:** A minimum of two to three years of relevant experience in AML, KYC, CDD, EDD, or a similar compliance-focused role within the banking sector.
• **Knowledge:** A strong understanding of KYC principles and current regulatory requirements within the South African financial landscape.
• **Essential Skills:** Excellent attention to detail, crucial for accurately reviewing client data and documentation, and strong communication skills, enabling effective interaction with various stakeholders.

Candidates who demonstrate strong behavioural competencies such as checking things thoroughly, developing expertise, embracing change, examining information critically, following procedures diligently, interacting effectively with people, making sound decisions, managing tasks efficiently, meeting deadlines, producing high-quality output, taking proactive action, and upholding standards will be well-suited for this position. Technical competencies in business administration, compliance query resolution, risk management, and verbal communication are also highly valued.

This role presents a valuable opportunity for individuals with a compliance background to gain further experience within a reputable financial institution. Roles in compliance and AML are vital across the South African financial sector, with major banks, insurance companies, and financial advisory firms frequently seeking skilled professionals. The typical remuneration for such positions in South Africa can vary based on experience and the specific responsibilities, but often falls within a competitive range for roles requiring specialist knowledge in regulatory adherence. The fixed-term nature of this contract could also serve as a stepping stone to further opportunities within Liberty or the broader financial services industry.

Type of Qualification: Matric

Experience Required

• Matric (Grade 12)
• 2-3 years' experience in AML, KYC, CDD, EDD or a compliance-related role in Banking
• Good understanding of KYC and regulatory requirements
• Strong attention to detail and communication skills

Behavioural Competencies:

• Checking Things
• Developing Expertise
• Embracing Change
• Examining Information
• Following Procedures
• Interacting with People
• Making Decisions
• Managing Tasks
• Meeting Timescales
• Producing Output
• Taking Action
• Upholding Standards

Technical Competencies:

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