Description:
Roles & Responsibilities:
- To conduct end to end KYC Customer Due Diligence (CDD)
- Verify account opening forms have been completed adequately and have been verified
- Conduct Name screening, due diligence, and Adverse Media matches
- Confirming KYC data requirements
- Collecting relevant KYC information as per checklist
- Undertaking research via internal and external sources
- Review AML and Sanctions Questionnaires, if applicable
- Review the appropriateness and completion of the Customer Risk Assessment
- To promote appropriate checks and controls within the team to ensure files are processed correctly
- Verify account opening forms have been completed adequately and have been verified
- Coordinating with RM/ business in obtaining necessary requirements as per CDD process
- Managing the workflow and timely submission to the final approvers.
- Support the Risk & Control Manager to Identify On-boarding & KYC team resource shortfalls against the Department capacity plan
- Support Team Leader assisting with projects/deliverable to meet deadlines
- Identify opportunities for continuous improvements On-boarding & KYC related systems, processes and practices based on risks and control deficiencies identified
- Ensure Management Information (Ml) related to On-boarding & KYC is prepared and presented on a periodic basis
- Implement Group Internal Audit, Regulatory and Group PB & International Compliance (SLOD) recommendations on findings relating to On-boarding and KYC
Minimum Qualification:
Bachelor’s degree or higher in Management, Banking, Finance, preferably with certification in Compliance, KYC/AML/CFT, Financial Crime or Risk Management
Minimum Experience:
- Minimum of 4-7 years of experience in a reputable international bank
- Minimum of 2 years of experience within an AML roles
- Relevant experience (AML/KYC/Compliance related) with understanding of BBU AMLC requirements
- Ability to check and validate KYC documents, strong maker and checker control mid set
- Understanding of the end-to-end KYC and client on-boarding processes
- Proven ability to prioritize competing demand
- Eye for detail and willingness to question current state practices
- Ability to use sound judgment to determine due diligence quality and if meets regulatory standards
- Good knowledge of BBU Banking products
- Must be located in the UAE (Preferred)