Responsible for the pre on boarding reviews of the high risk accounts referred by the business units, PRB/ BUB/ PSB
To carry out the enhanced due diligence activities and customer screening to protect and mitigate the Compliance and Sanctions related risks for the Retail Bank.
Required to carry out the CDD on the existing customers, New to Bank customers from Safe watch perspective and also for investment perspective.
Job Content
Review of the OWC delisting activity and assist Business units in getting GC approvals. Measured by the TAT adherence
Retention cases, Special Projects
To assist with preparation and review of PEP On-boarding, existing and Annual Review forms.
Assisting different Business units in RBWM with OWC clearance on the client.
Assist Manager High Risk Account Opening Team on action points for implementation on Ops, controls, audit and compliance.
Ensures to complete the QA activity for RBWM Business units for the KYC remediation activity carried out
Carryout the QA on a continuous basis for BAU cases
Analyze the risk associated with the customer by performing due diligence on the customer.
Support Manager High Risk Account Opening Team to get satisfactory audit ratings for the HRA team activities.
Ensure corrective action is taken to meet business objectives.
Yearly mandatory trainings to be attended and ensure participation and updating of knowledge.
Job Specifications
Graduate with understanding of Banking, local regulations and current developments.
A minimum of 3 years professional experience in Banking with experience in Operations & Compliance.
At least 2 years of experience in a relevant position required.
A proven track record of consistent performance and achievement.
Knowledge of Compliance policies procedures.
Understanding of the bank operations, products, policies, regulations, compliance and risk management is needed.
Excellent communication (written and verbal), negotiation skills, good organizational leadership and interpersonal skills are must.
Good knowledge of the Policy, Procedures, Standards, local and international regulations and the legislation of the prevention of money laundering.
