Manager- KYC Maker & Onboarding – BBG – UAE Nationals Only

12 نوفمبر، 2022

0 11 دقيقة واحدة

Job Description

Job Description
JOB PURPOSE:
In accordance with UAE and international Anti-Money Laundering Requirements, banks such as FAB are obliged to perform Know-Your-Client (KYC) reviews on all new clients.
Accordingly, to review / Analyse the NTB onboardings, ensure it is fit for purpose and meets international best practice standards & banks policies.
KEY ACCOUNTABILITIES:
Job Specific Accountabilities
Commercial KYC & Onboarding

To conduct end to end KYC Customer Due Diligence (CDD). On NTB.
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.

Key Skills

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.

Continuous Improvement

Identify opportunities for continuous improvements On-boarding & KYC related systems, processes and practices based on risks and control deficiencies identified.

Reporting

Ensure Management Information (MI) related to On-boarding & KYC is prepared and presented on a periodic basis.

Generic

Implement Group Internal Audit, Regulatory and Group PB & International Compliance (SLOD) recommendations on findings relating to On-boarding and KYC.

Qualifications
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 3-5 years of experience in a reputable international bank
Minimum of 2 years of experience within an On-boarding and KYC role
Relevant experience (AML/KYC/Compliance related) with understanding of BBG KYC 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 BBG Banking products.