Officer - Remediation (For Emiratization)

Key Responsibilities:

To conduct end to end KYC Customer / Enhanced Due Diligence (CDD) / (EDD) for the New to Bank Clients,

Periodic & Trigger Review clients by liaising with all stake holders and ensure all clients are onboarded and

reviewed within the agreed timelines. Main stakeholders are Clients, KYC Operations Team, Compliance and

RM.

Conduct Name screening, due diligence, SAS screening, Adverse Media matches and online portal

verifications (trade licenses) for the clients and review AML and Sanctions and DNFPB and Wolfsburg

Questionnaires, wherever applicable.

Confirm KYC data requirements by collecting relevant KYC information as per checklist by liaising with client

and RM & Responsible for FATCA/CRS remediation wherever applicable.

Perform the core banking system update for the verified Trade license and FATCA-CRS

Constantly liaise with the clients through registered communication channels (email and phone) for the

necessary information in-order to review the appropriateness and completion of the Customer Risk

Assessment

Managing the workflow and timely submission to the final approvers and Support LM assisting with

projects/deliverable to meet deadlines ensuring adherence to all internal policies / procedures and external

regulatory requirements at all times

Experience in risk management field and proven experience in supporting the development of business

activities whilst robustly applying risk management disciplines and controls. Implement Group Internal Audit

and Regulatory recommendations on QA findings relating to On-boarding and periodic KYC.

All the above accountabilities includes but not limited to any additional/new tasks or responsibilities assigned by the line Manager.

Work Experience:

Minimum of 3-4 years of experience in a reputable international bank/FI.

Relevant experience (AML/KYC/compliance related) with understanding of

Corporate KYC requirements.

Familiarity with AML/KYC regulations and industry guidelines, along with client

structure and hierarchies, knowledge of Funds, Brokers, Loan Agencies &

Correspondent Banks

Experienced with operating in a regulator.

Education:

• Minimum Bachelor's degree in management, banking, finance. Certification in

compliance, KYC/AML/CFT, financial crime or risk management (will be added advantage)