Description

Manager- KYC Maker & Onboarding - BBG

First Abu Dhabi Bank (FAB) Al Qurm Business Park, Abu Dhabi, United Arab Emirates

Full-time

Sub Division: Credit - Administration

Division: GCOO

Company Description

Join the UAE\'s largest bank and one of the world\'s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.



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

QUALIFICATIONS & EXPERIENCE:

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.

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