KYC Analyst

To perform duties as required in the relevant bank policies and KYC department SOPs covering the KYC Review process. The candidate will perform independent reviews of KYC files at the time of client onboarding 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 onboard or retain bank clients and enforce Group CDD standards.

Responsibilities

• 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.
• Escalate risks identified during CDD reviews to the relevant stakeholders in the HO KYC team and Business, where necessary and applicable.
• Follow GCDD, departmental SOPs & relevant checklists & process notes.
• Support line manager with ADHOC projects and KYC related requirements where appropriate.

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 an understanding of Consumer Banking and GPB KYC requirements.
• Sound Microsoft Office applications knowledge.
• Pro-active and business-oriented with proven ability to prioritize and manage conflicting demands.