Analyst-  KYC And Onboarding

First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together.

To perform duties as required in the relevant bank policies and KYC department SOPs covering KYC Review process. The candidate will perform independent reviews of KYC files at the time of client on-boarding and KYC periodic reviews The candidate will ensure that the KYC files are complete in terms of required KYC information / documentation in accordance with bank’s policies / procedures and local regulatory expectations of the UAE Central Bank. To ensure that AML / CTF / Sanctions risks associated with the clients are appropriately identified, assessed and mitigated before a decision is taken to on board or retain bank clients and the Group CDD standards are adhered and enforced. Review/Assess/prepare all cases to be submitted to HO KYC team for review and approvals.

Handle the day to day KYC activity of reviewing KYC files and performing all required checks and controls to ensure completeness and readiness of the file for final review and approval

• Conduct end to end KYC Due Diligence, for New to bank onboarding, trigger events or periodic reviews
• Verify account opening forms have been completed adequately and have been verified
• Conduct name screening, due diligence and adverse media matches where applicable
• Review AML and Sanctions Questionnaires, if applicable
• Conduct Customer Risk Assessment where applicable
• Ensure appropriate checks and controls within the team to ensure files are processed correctly
• Ensure compliance with UAE Central Bank regulations and FAB bank policies/ procedures related to CDD, AML/CTF, PEP & Sanctions
• Ensure CDD information/documentation is complete in line with bank policies / procedures & local regulatory requirements
• Escalation of risks identified during CDD reviews to the relevant stakeholders in HO KYC team and Business, where necessary and applicable
• Follow GCDD, departmental SOPs & relevant checklist & process notes
• Support line manager with ADHOC projects and KYC related requierments where appropriate.
• Ensure adherence to all internal policies / procedures and external regulatory requirements at all times
• Prioritization – maintain the discipline in partnership with the local business. Communicate consistency to internal and external stakeholders to ensure that the KYC cases are accepted through the approved channels and expectations are managed appropriately
• Follow defined RCSA and identify KRIs (wherever applicable)
• Perform maker checker reviews and approve files as per the DOA (files Risk rated up to Medium)

Relationship Management

• Have positive working relationships with all stakeholders across business lines and supporting functions.
• Support line manager, and other teams within Risk & Controls through providing timely assistance and solutions, on need basis.
• Resolve conflicts and provide effective solutions to the stakeholders where applicable.

• MI Reporting
  
  

• Ensure all departmental trackers are timely maintained.

• Generic
  
  

• Support in ADHOC & administrative activities as deemed appropriate and assigned by line managers.
  
  

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 2-3 years of experience in a reputed Bank
• At least 1-2 years’ technical experience across various aspects of Regulatory and Financial Crime. Compliance (e.g., local and international requirements, FATCA, CRS, GDPR, AML, KYC, etc.)
• Relevant experience (Compliance/AML/KYC/Transaction Monitoring) with the understanding of Consumer Banking, and GPB KYC requirements.
• Sound Microsoft Office applications knowledge
• Pro-active and business oriented with proven ability to prioritize, manage conflicting demands and ability to assess.