Associate Analyst - KYC, HRO & ODD

Role       : Associate Analyst - KYC, HRO & ODD
Location : Al Ain                            

Role Purpose:


Performing due diligence for High risk onboarding, Name screening & completion of KYC refresh for Ongoing Due Diligence as per ADIB Onboarding and On-going Due Diligence Procedure.

    
Key Accountabilities of the role      

• Assesses the completeness and quality of initial "Know Your Customer (KYC) documentation for existing Business Banking Customers to ensure required as part of CDD / EDD efforts and documentation are in accordance with applicable Ongoing Due Diligence Procedures.


• Ensure adherence to mitigating Compliance risk / Central Bank regulatory requirement while performing reviews of cases raised to GCD for ODD.


• Ensure raising appropriate clear and precise request for Information (RFI’s) for information /documentation wherever applicable as per KYC Onboarding and ODD Procedure. 


• Analyze KYC data, documentation, and negative news to determine Client Risk Profile as established under the ADIB KYC Ongoing Due Diligence procedures and provides guidance / input to the Business on all KYC issues including KYC refresh.


• Identifying red flags linked to Financial Crime while performing Ongoing Due Diligence through analysis of information /transaction etc. 


• Conduct name screening of the customers and the related parties identified in customer’s profiles including (but not limited to) shareholders, Directors, Authorized signers, Nominee. Suppliers /Customers (Related Parties)


• Ensuring KYC refresh through workflow is duly completed during the ODD process.


• Ensuring that all SLAs defined with the Business on timeliness and quality are adhered.


• Demonstrate the ability to adapt timely and adequately to the new policies, procedures, and system knowledge. 


• Involve in any system related update activities or new processes, if required. 


• Involve in any ad-hoc activities or responsibilities given by the management to support the unit. 
  
   

Specialist Skills / Technical Knowledge Required for this role:

 

• Good knowledge and experience of KYC procedure and systems,


• Bachelor’s degree in business studies, law, accounting, economics or commerce, or specific training in risk management.


• Exemplary knowledge and experience for Business Banking (SME sector) for KYC policies, processes.


• 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 analytical/review/ assessment skills of bank Compliance procedures and IT systems


• Ability to balance between compliance requirement and business needs.


• Enhanced problem solving skills


• Strong analytical, written and oral communication skills


• Relationship building


• Sound judgment


• Strong interpersonal skills