About the Role
As an ODD Checker - BDD, you will be responsible for reviewing and finalizing Ongoing Due Diligence (ODD) cases to ensure that proper documentation is provided and thorough due diligence is conducted. Your key role involves coordinating with various departments to facilitate smooth operations and maintaining high standards of compliance throughout the process.
Ready to apply for roles like this?
Unlock the company name and direct application link. Subscribers get instant access to fresh jobs across Dubai, Abu Dhabi and Riyadh, many with visa support.
Unlock employer & apply directly
Key Accountabilities of the Role
- Review cases in BPM and check documents as per the requirement for each case.
- Verify signatures of authorized signatories.
- Review data in forms accurately.
- Follow the call back verification procedure for Relationship Manager cases received through registered email.
- Update and verify the checklist for completeness and accuracy.
- Check the ambit for CRS status (only for Sherpa cases).
- Perform verification of forms submitted.
- Maintain an updated checker tracker for all cases handled.
- Document any discrepancies in the system and send the case back to the initiator for corrections.
- Submit the case to Operations in BPM if the case is accepted.
- Handle stage reversal tasks as necessary.
- Coordinate with various departments (Operations, GCD, and initiators) to avoid delays in processing.
- Address and resolve GCD queries promptly.
- Manage the Business KYC mailbox, forwarding pertinent emails to initiators within the same day before the cut-off time (2:00 PM) or by the next working day for emails received after the cut-off.
- Ensure compliance with updates related to Ongoing Due Diligence.
- Assist initiators in finalizing their cases.
- Manage the BPM general pool and allocate cases effectively.
- Ensure that cases are checked according to Standard Operating Procedures (SOP) and maintain a discrepancy rate of less than 3% (cases returned from Operations/GCD).
- Ensure timely handling of tasks in accordance with Management's agreed Turnaround Time (TAT).
- Complete daily tasks related to email allocation, handling, and other assignments from the leader in a timely manner.
Specialist Skills / Technical Knowledge Required for this Role
- Good knowledge of products and services offered.
- Good knowledge of service policies and procedures.
- Fair knowledge of banking practices, regulations, and associated risks.
- Strong understanding of Anti-Money Laundering (AML) regulations as issued by relevant regulatory authorities.
- Proficient computer skills.
- Excellent communication skills.
