Analyst-  KYC - Abu Dhabi, United Arab Emirates - First Abu Dhabi Bank

Description

Job Description

JOB PURPOSE:

• Support AVP for NTB & periodic review files for CB, GPB & Magnati entity customers
• Customer outreach to collect the updated KYC documents as per the required CDD measures
• To process KYC periodic cases and ensure all KYC/AML/CDD/EDD requirements are completed as outlined by Group Compliance while adhering to Bank standards, Policies and Procedures.
• Process cases within agreed TAT / SLA.
• Review/Assess and approve EDD clients as per the Delegation of Authority (DOA) in place and review/assess/prepare all High/Very High Risk and EDD cases to be submitted to Senior Analyst/AVP/Group Compliance for their decision.

KEY ACCOUNTABILITIES:

Job Specific Accountabilities

CBG, GPB & Magnati - NTB & KYC Periodic Review

• Ensure the appropriate process is in place for approvals/rejections for NTB & KYC periodic review requests as per respective approved DOA for the segments
• Conduct customer outreach to collect the updated KYC documents as per the applicable checklist
• Ensure all the required documentation has been collected in line with the CDD measures
• Review Name screening, due diligence and Adverse Media matches.
• Undertake KYC remediation on a structured and cyclic basis.
• Review AML and Sanctions concerns where applicable.
• Review Enhance Due Diligence (EDD) exercise for KYC periodic review requests as per approved segment DOA and forward the results to Financial Crime Compliance (FCC) for their feedback (recommendation/ approval/ rejection).
• Manage BAU KYC refresh for the assigned business unit/s
• Update the tracker on regular basis by maintain the central MI
• Upload the KYC documents in workflow system in order the maintain the audit trail
• Ensure KYC records are updated in the core banking system and customer KYC documents are moved to bank repository.

People Management

• Support AVP and Senior Analyst - For NTB & KYC periodic review
• Support with assisting with projects/deliverable to meet deadlines
• Provide guidance to colleagues and conduct knowledge sharing sessions when applicable

Policies, Systems, Process & Procedures

• Support the Business functions under CB, GPB & Magnati in maintaining and KYC periodic reviewing & KYC related procedures and processes
• Review and oversee local adherence to Group Compliance On-Boarding & KYC Policies, Procedures and Processes

Continuous Improvement

• Support AVP and Senior Analyst - KYC periodic review by identifying opportunities for continuous improvements to CB, GPB & Magnati KYC related processes and practices based on risks and control deficiencies identified
• Support AVP and Senior Analyst - KYC periodic review by creating a knowledge and best practice repository to enhance efficiency

Reporting

• Support AVP and Senior Analyst - KYC periodic review on MI to be reported on KYC in a timely manner to Senior Stakeholders/Group Compliance
• Ensure information is accurate for MI related to CB, GPB & Magnati NTB & KYC periodic review.

Generic

• Support AVP and Senior Analyst - KYC periodic review by implementation of Group Internal Audit, Regulatory and Group PB compliance & GCDD recommendations on findings relating to NTB & KYC periodic review.

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 2-3 years of experience in Banking.
• At least 1-2 years' technical experience across various aspects of Regulatory and Financial Crime. Compliance (e.g. local and international requirements, FATCA, CRS, GDPR, AML, KYC, etc.)
• Minimum of 1-2 years of experience within KYC role.