Overview
The CDD, FATCA & CRS Officer is responsible for performing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) activities for retail and corporate customers, with a focus on high-risk customers, FATCA, and CRS compliance. The role supports the bank's financial crime framework by ensuring adherence to CBUAE AML/CFT regulations, FATCA and CRS requirements, and internal compliance policies, while maintaining high standards of governance, accuracy, and regulatory readiness.
Responsibilities
- Perform CDD and EDD reviews for new and existing customers in line with KYC and AML requirements
- Assess customer risk profiles, ownership structures, source of funds, and source of wealth
- Review, validate, and maintain FATCA and CRS classifications, self-certifications, and supporting documentation
- Prepare and escalate high-risk cases and PEP files in accordance with internal approval matrices
- Identify and escalate potential suspicious activities arising from onboarding or KYC reviews
- Support the preparation of Suspicious Transaction Reports (STRs) where required
- Respond to Requests for Information (RFIs) from regulators, FIU, and correspondent banks within agreed timelines
- Support periodic KYC reviews and remediation of incomplete or non-compliant files
- Assist in audits, regulatory inspections, and closure of AML, FATCA, and CRS-related findings
- Coordinate with business units to obtain required documentation and clarify compliance requirements
Requirements
- Bachelor's degree in Business Administration, Finance, Commerce, or a related discipline
- Minimum 24 years of experience in Customer Due Diligence, KYC, or AML within a regulated financial institution
- Working knowledge of AML/CFT regulations, FATCA, and CRS requirements
- Understanding of legal documentation required for retail and corporate onboarding
- Strong analytical skills with high attention to detail
- Good written and verbal communication skills
- Ability to apply a risk-based approach and exercise sound judgment
- Compliance or AML certifications (CAMS, ICA, or equivalent) are an advantage
- Experience in a banking or financial services environment preferred
