Kyc /cdd Specialist Adib

Description:

Provide SME advice and guidance on all KYC / CDD related issues for all new and existing clients including but not limited to, conducting COD / EDD reviews, file reviews, writing procedures, providing advice, training and conducting onsite Visits.

Key Accountabilities of the role
RESPONSIBILITIES::
•    Assesses the completeness and quality of initial "Know Your Customer (KYC) documentation for new customers to ensure that required CDD) / EDD efforts and documentation are in accordance with applicable policies.
•    Analyze KYC data, documentation and negative news in order to determine Client Risk Profile as established under the ADIB AML Procedures   provide SME guidance / input to the Business on all KYC issues including their new account opening and KYC refresh forms and general KYC procedures.
•    Provide SME guidance / input to the Business on how to evaluate KYC risks, how to escalate to GCD and on managing the exit of high-risk customers.
•      Provide KYC, CDD and EDD SME guidance / input on the production and delivery of all KYC related training materials (e-learning and Face-to-Face).
•    Participate / support in the delivery of Face-to-Face KYC training.
•    Participate in onsite visit in Branch I Business Unit to provide guidance, advice on all KYC policies, procedures, and issues.
•    Provide SME guidance I input for continuous productivity improvement into the KYC processes by participating as a key stakeholder in the delivery of new technology and working With the KYC teams to identify business process improvement opportunities.
•    Provide KYC, CDD and EDD SME guidance I input on all new or existing KYÇ impacted IT systems.
•    Identify gaps in policies and processes and liaise as necessary with other business units and stakeholders to ensure KYC policy and procedures remain updated, relevant.
•    Identify key risks in KYC process and document all identified risks in RCSA for control testing. Be aware of the Operational Risk    scenario associated with your role and act in a manner that  takes account of operational risk considerations.
•    Ensure timely implementation of gaps identified in RCSA control testing, internal / external audit points together with any issues raised by external regulators.
•    Remain current on legal and regulatory AML / KYC

Specialist Skills / Technical Knowledge Required for this role:

•    Good knowledge and experience of implementation of KYC procedure and systems,
•    Exemplary knowledge and experience of providing Subject Matter input for KYC policies, processes, systems and trainings.
•    Strong knowledge of the UAE Regulations, Rules, International Compliance Standards Best Practices such as FÅTF guidance, Basel recommendations.
•    Strong knowledge and experience of writing, implementing and maintaining KYC procedures.
•    Ability to provide and deliver KYC training.
•    Strong knowledge and experience of having provided KYC advice to all types of business and operations covering all types of customers.
•    Strong knowledge of bank KYC on-boarding and KYC refresh procedures Good training and presentation skills
•    Good analytical/review/ assessment skills of bank Compliance procedures and IT systems
•    Ability to balance between compliance requirement business needs.
•    Strong analytical, written and oral communication skills
•    Relationship building
•    Sound judgment
•    Strong interpersonal skills
•      Ability to multi-task
•    Independence of thought and initiative
•    Ability to be a self-starter and work independently as well as part of a team
•    Ability to prioritize workload and meet deadlines
•    Good understanding of banking processes and products
•    Analytical mind, good communication and self-motivated, detail oriented
•    Fluent in English (Ability to read and communicate in Arabic Language will be an added advantage)

•    Proficient in MS Office Word Excel and PowerPoint

Previous experience required (if any)   
Minimum of 5 years Compliance experience out Of which 3 years should be in KYC / CDD role