Client Desirability Management Risk Analyst

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Risk AnalystData & AI

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Job Description The function is intended to partner with coverage in performing a desirability assessment on clients, by gathering knowledge of our clients,

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Risk AnalystData & AI

The function is intended to partner with coverage in performing a desirability assessment on clients, by gathering knowledge of our clients, understanding the nature of their activities, analysis of client data and being able to understand our client's behaviour and evidence this appropriately

This will require using key risk sensitive AML criteria with a view to distinguishing high-risk clients from non-high-risk clients and performing enhanced due diligence (EDD) based on the results

The role will also entail providing AML related support / advise to coverage and related business units around potential new transactions

To be able to critically analyse and provide advice on a potential transaction/deal structure will be a valuable skill

The individual will be required to provide operational support during the KYC process, if required, and finally to apply exceptions where permitted by law

Assess client desirability in terms of financial crime risk
Monitor transactional behaviour of clients to ensure behaviour is line with expectations
Identify changes in client risk profiles and evaluate ongoing client desirability
Understand financial products, contracting parties and end-to-end processes and key touchpoints of underlying commercial transactions to identify all financial crime risks that the bank is potentially exposed to
Stay abreast of international guidelines and local and international regulations pertaining to financial crime to be able to identify and apply best practic
Stay abreast of regulatory, reputational and international guidelines to be able to analyse end-to-end transactions and understand the regulatory impacts thereof
Ensure thorough understanding of all transactions
Providing AML related support / advise to coverage and related business units around potential new transactions
To critically analyse and provide advice on a potential transaction/deal structure will be a valuable skill
Provide operational support during the KYC process, if required, and finally to apply exceptions where permitted by law

03/10/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.