Siphelele Kubheka
Meadowlands,Johannesburg
Summary
To establish myself in a dynamic environment where my knowledge, passion and potential as a servant of the people of South Africa is fully utilized.
Overview
9
9
years of professional experience
3
3
years of post-secondary education
Work History
AML/KYC Analyst
YOCO
Johannesburg
08.2024 - Current
- Performed periodic reviews of existing client files, ensuring continued adherence to AML/KYC requirements.
- Maintained updated knowledge of relevant regulations and industry best practices to continuously improve AML/KYC processes.
- Enhanced AML/KYC compliance by conducting thorough customer due diligence and risk assessments.
- Provided guidance to junior team members, helping them grow their expertise in AML/KYC analysis techniques.
- Reduced false positive alerts by refining transaction monitoring rules based on historical data patterns.
- Identified potential suspicious activity by performing transaction monitoring and escalating cases for further investigation.
- Conducted KYC formality reports on questionable accounts and transactions.
- Facilitated communication with onboarding team to gather information and onboarding documentation.
- Researched and interpreted corporate documentation to determine business and ownership structure.
Fraud Analyst
First National Bank
05.2024 - 08.2024
- Evaluated customer data to identify and prevent fraudulent activities.
- Tracked fraud cases and monitored trends to develop strategies for prevention.
- Analyzed large amounts of data to find patterns of fraud and anomalies.
- Reviewed reports and individual transactions which appeared suspicious to uncover possible fraudulent activity.
- Handle sensitive information and make ethical decisions.
- Familiarity with fraud detection software,data analytics tools and risk assessment techniques
- Enhanced detection capabilities for potential fraudulent activities through regular review of account transactions and patterns.
- Maintained up-to-date knowledge of regulations related to fraud prevention, ensuring compliance with relevant laws and guidelines.
- Performed risk assessments to determine level of fraud risk and prioritize investigations.
- Interviewed witnesses thoroughly, asking appropriate questions to ascertain critical details about each case.
FICA Final Tier Consultant
ABSA Bank
Johannesburg
07.2023 - 02.2024
- Receive documents from customers from all ABSA branches via SYBRIN system which allocates the workflow in a queuing manner
- Validate that the documents received from the system and ensure that is in accordance with the business rules & regulatory
- Check customer acceptance screening application (CASA) for the sequence number, reference number, account number, identity number, name & surname and other details of customers
- Check documents to verify that the first check verification done by the branch, employees has been acknowledged correctly
- Check if documents are compliant and if not return back to branches via SYBRIN system for them to remediate
- Sort documents received from braches and index them according to the headers on SYBRIN system for retrieval and reference
- Capture the CASA reference number onto the system to acknowledge the documents from the first tier
- Keep abreast of all policies & procedures & offerings from ABSA by reading & sharing information with colleagues
- Take the information and instigate on SYBRIN system to determine the dispute, if document is correct it will be passed and final tiered
- Contactable Reference: Sipokazi (Team Leader)
- Contact Number: 074 383 9161
Onboarding Specialist
ABSA Bank
Johannesburg
02.2022 - 04.2023
- Onboarding new clients
- Checking if the documents provided are valid
- FICA the documentation & check if they are FICA`D
- Doing conformance testing
- GAP analysis
- Virtual banking
- Preform KYC for all entities & individuals
- Creating new profiles
- Maintain existing clients
- Contactable Reference: Sanet Fourie (Manager)
- Contact Number: 071 682 2738
KYC Administrator
First National Bank
07.2021 - 02.2022
- Proactively engage clients for KYC purposes before due date
- Maintain clients contact details and relevant communications on to the banks CRM tools to update all details, client across KYC tools to streamune review process (data cleansing)
- Perform reviews on corporates (foreign & domestic) existing clients for updated information
- Ensure FIAS and AML procedures are followed
- Ensure all maintenance and data capturing is done accurately
- Investigate on world check- to identify high risk clients by identifying PEPS (Politically Exposed Person/s) adverse news and Sanctions that re linked to companies
- Checking FICA documentation
- Contactable Reference: Allison Tucker (Team Leader)
- Contact Number: 069 120 5476
Customer Screening Analyst
ABSA Bank
Johannesburg
12.2020 - 06.2021
- Investigate potential matches generated from information captured by branches or daily changes to client or list details, to decide whether to approve/decide the alert in compliance with the ABSA Sanctions Policy
- Conduct investigation of potential matches by comparing the client information on the Customer Acceptance Screening Application (CASA) system with information from screening lists, in order to determine whether a prospective customer, existing customer or related party is stated individual/entity on the applicable watch list, using the guidance encapsulated in the Sanctions Policy and Restricted Activity Matrix
- Conduct internet searches where required to obtain more information on prospective client, existing client or related party to support decision
- Capture appropriate comments on the CASA system indicating decision and rationale for decision
- Follow up on requests for information in order to finalise alerts
- Refer alerts with insufficient information to source to obtain required information, to be able to formulate decision
- Populate escalation templates when positive matches have been identified in order to report the matter to higher authority
- Populate rejection templates when positive matches have been identified in order to report matter to higher authority
- Maintain proper records of all alerts processed, declined and escalated in assigned storage area for audit purposes & enquiries
- Ensure work ques are cleared daily
- Assist with clearing of back-log ques in case of batch screening when required
KYC and Common Reporting Standards, Credit Card
First National Bank
Johannesburg
08.2018 - 11.2020
- Data capturing
- Linking related parties on profiles
- Changing of entity types on Hogan
- Inbound and Outbound calls taken
- Reversal disputes
- Resolving customer queries
- Debit order reversal
Quality Assurance
First National Bank
Johannesburg
05.2016 - 06.2018
- Checking FICA documents
- Re indexing documents on SIGMA
- EDD accounts
- Hogan experience
- Verify account documents
Education
Grade 12 - Business, Economics, Maths Lit, Accounting
Selekela Secondary School
Johannesburg,South Africa 01.2006 - 01.2009
Skills
Transaction monitoring
Customer due diligence
Suspicious activity reports
Compliance reporting
Sanctions screening
Enhanced due diligence
Financial crime prevention
AML compliance
Know your customer
Banking regulations
Criminal Records
None
Disclaimer
I declare that the information furnished is true and correct.
Personal Information
- Health Status: Excellent
- Gender: Female
- Nationality: South African
- Driving License: 10
- Marital Status: Single
Timeline
AML/KYC Analyst
YOCO
08.2024 - Current
Fraud Analyst
First National Bank
05.2024 - 08.2024
FICA Final Tier Consultant
ABSA Bank
07.2023 - 02.2024
Onboarding Specialist
ABSA Bank
02.2022 - 04.2023
KYC Administrator
First National Bank
07.2021 - 02.2022
Customer Screening Analyst
ABSA Bank
12.2020 - 06.2021
KYC and Common Reporting Standards, Credit Card
First National Bank
08.2018 - 11.2020
Quality Assurance
First National Bank
05.2016 - 06.2018
Grade 12 - Business, Economics, Maths Lit, Accounting
Selekela Secondary School
01.2006 - 01.2009