Daluxolo Nkasana
About Daluxolo Nkasana
Daluxolo Nkasana is a Compliance Analyst at Investec, specializing in financial crime and compliance since 2018. He holds a Bachelor of Commerce degree from the University of the Witwatersrand and is currently studying for the CAMS certification through ACAMS.
Work at Investec
Daluxolo Nkasana has been employed at Investec as a Compliance Analyst since 2018. In this role, he is based in Sandton, Johannesburg. His responsibilities include assisting with money laundering-related queries and managing enforcement orders from regulatory bodies, such as Section 32 and 34 requests from the Financial Intelligence Centre (FIC). He also oversees cross-border payment screening activities to ensure compliance with sanctions regulations. Nkasana collaborates closely with the Client Due Diligence (CDD) team to provide transaction monitoring support and engages with front office consultants to understand client profiles and transactional trends.
Education and Expertise
Daluxolo Nkasana studied at the University of the Witwatersrand, where he earned a Bachelor of Commerce (BCom) degree, focusing on Accounting, Tax, Management Accounting, and Financial Management from 2012 to 2017. He is currently studying at ACAMS, focusing on financial crime, and has been working towards achieving the Certified Anti-Money Laundering Specialist (CAMS) designation since 2021. His educational background provides a strong foundation for his role in compliance and financial crime prevention.
Background
Daluxolo Nkasana completed his secondary education at Khanyisa High School, where he achieved his Matriculation from 2009 to 2012. His academic journey laid the groundwork for his further studies in commerce and finance, ultimately leading to his current position in compliance analysis.
Compliance and Monitoring Activities
In his role as a Compliance Analyst, Daluxolo Nkasana analyzes cross-border transactions, particularly those involving high-risk jurisdictions, as part of ad-hoc manual monitoring activities. He utilizes advanced systems such as the Actimize Suspicious Activity Monitoring System and the Automated Transaction Oversight and Monitoring (ATOM) System for effective transaction monitoring. His work is crucial in ensuring that the organization adheres to regulatory requirements and mitigates risks associated with financial crimes.