|Abu Dhabi , United Arab Emirates
|Banking /Accounting /Financial Services
JOB PURPOSE: In accordance with the UAE and international Anti-Money Laundering / Counter Terrorist Financing and Sanctions related laws and regulations, financial institutions such as FAB are obliged to perform Know-Your-Customer (KYC) reviews on all new to bank clients as well as existing clients through periodic and trigger-based reviews.The core responsibilities of Manager, KYC Review & Approval is to perform duties as required in the relevant bank policies and departmental SOPs covering KYC Review & Approval process for Commercial Banking. The candidate will perform independent reviews of KYC files at the time of client on-boarding and KYC refresh as an Approver role. The candidate will ensure that the KYC files are complete in terms of required KYC information / documentation in accordance with banks policies / procedures and local regulatory expectations of the UAE Central Bank.Additionally, candidate will ensure that AML / CTF / Sanctions risks associated with the clients are appropriately assessed and mitigated before a decision is taken to onboard or retain bank clients and the Group KYC standards are adhered and enforced.KEY ACCOUNTABILITIES: Manager, KYC Review & Approval - Commercial BankingWorking for the Risk & Control (Group Operations) which will conduct the following activities:Main Objectives: Manger will act as a support to Team Leader (AVP) to local KYC Review & Approval team, working both as an individual contributor and guiding team along with offshore locations on day-to-day activities. Managers objective is to be accountable for the end-to-end KYC approval process, from the moment KYC is submitted to the approval team through reviewing the file from completeness as well as risk assessment perspective. Managers responsibilities also include providing Advisory on KYC process, policy requirements, screening, risk rating and risk matters, managing relevant stakeholders etc. Aligned to Banking Coverage teams he/she will work closely with products teams and other onboarding functions including KYC & Onboarding team, Business (RMs) and FCC/Compliance to deliver the service required.Key Role:
FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
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