Vacancy title:
KYC Processor
Jobs at:
ABSA GroupDeadline of this Job:
Wednesday, February 12 2025
Summary
Date Posted: Thursday, February 06 2025, Base Salary: Not Disclosed
JOB DETAILS:
Job Summary
• To provide support to the entire bank by processing all liability account applications and updates.
• The jobholder is responsible for capturing new account details and execution of customer instructions for updates on existing accounts.
• Staff will be required to perform any other work assigned to them in line with Productivity matrix, plus any other duties that may be provided by line manager from time to time.
Job Description
Accountability: Opening and Maintenance of Accounts: – (80%)
Outputs:
• Receives authorized customer instructions from KYC Officer for:
• New accounts, amended or cancelled stop orders/standing
instructions
• Amendments to customer and account details
• Capturing account details for both individuals and entities
authorized by Team Leader/KYC Officer
• Receives and executes customer instructions from KYC Team
Leader/ KYC Officer confirmed as KYC compliant for accounts
opening
• Amended or update customer instructions on signature additions
• Amendments to customer and account details on Ebox
• Executes the instructions i.e. new accounts and amendments to
accounts according to customer’s details and account details on
the relevant system
• Rectify all rejected input data wrongly entered and incorrectly
scanned signatures returned by Team Leader/KYC Officer Account
opening
• Resolve all account opening and amendments queries from
branches/query centre
• Scan and link signatures to accounts opened
• Execute customer instructions that are not systematically executable
Accountability: MI (10%)
Outputs:
• Generate both daily and monthly MI on all opened accounts
Accountability: Snap Checks (10%)
Outputs:
• Participate in snap checks as assigned by team manager
• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards.
Role Specific:
• Analytical skills and an eye for detail
• Significant social skills and initiative to deal with the variety of people and situations.
• High degree of keyboard skills, accuracy and speed.
• Relationship management at multiple levels of seniority
• Numerical skills
• Interviewing and recruitment skills
• Listening and questioning skills
• Project management and training skills
• Planning and organisational skills
• Communication and presentation skills
• Persuading and influencing
• Clear and concise writing and reporting
Person Specific:
• Basic understanding of the nature and dynamics of the banking industry
• Negotiation skills
• Good interpersonal skills
• Planning and organising skills
• Resilience and flexibility
• Quality/excellence mindset
• Able to work without supervision
• Personal organization and thoroughness
• Quality conscious initiative and integrity
• Managing relationships
• Results focussed
Education and Experience Required
Preferred: Bachelor`s Degree and professional qualification
Essential: Advanced Diploma or Diploma in relevant professional qualification (Banking, Economics, Business administration, etc)
Experience:
• Minimum 1 year work experience.
• Awareness of cultural differences and varying legal/regulatory environments.
• Banking or Financial services industry related knowledge.
Knowledge & Skills:
Essential
• Detailed working knowledge of people policies and procedures.
• Some experience in facilitating training courses.
• Employee database management experience
• Thorough knowledge of the banks typing standards and customer service standards.
• Very good understanding of the COO’s/ team’s preferred style.
• A good understanding of the banks general policies and procedures.
• Understanding of the use of equipment, filing procedures.
• Clear understanding reconciliation business rules.
• Understanding of Bank’s policies and procedures.
• Working knowledge of the Bank’s processing systems, including the Sybrin system, Laser Archive and FOS
Preferred
• An understanding of the external economic, political, legal and regulatory environment and its internal impacts in the regional and country
• Knowledge of payments systems such as Sybrin, FOS, E-box and Laser Archive.
Competencies:
• Business management
• Risk Management
• Communication/Influencing skills
• Stakeholder/customer relationship management
• Strong data and digital experience
• Strong Communication/Influencing skills and managing multiple stakeholders and customer relationships
• Strong influencing and negotiation skills
• Ability to think creatively and identify innovative solutions
• Key board skills
• Good communication skills, both verbal and written
• Accuracy
• Time Management
• Numeracy
• Ability to work under pressure.
• PC skills
• Analytical skills
Work Hours: 8
Experience in Months: 12
Level of Education: Bachelor Degree
Job application procedure
Education
• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)
• To apply for this job please visit absa.wd3.myworkdayjobs.com.
All Jobs
Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.