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

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 AccountabilitiesCommercial 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.

QualificationsMinimum Qualification

• Bachelors 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.

Keyskills :

About Company

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.