Associate Analyst KYC, HRO & ODD

ADIB Group; Al Ain; On-site; AED 167,000 - 234,000; Full time

Job summary

ADIB Group in Al Ain seeks an Associate Analyst - KYC HRO & ODD to perform due diligence for high-risk onboarding, name screening, and KYC refresh for ongoing due diligence procedures. The role involves assessing completeness of KYC documentation, raising RFIs, analyzing KYC data and negative news to determine client risk, and ensuring adherence to SLAs.

You will provide guidance to the business on KYC issues, identify red flags, and support system and process improvements as part of the

Qualifications

• Good knowledge of KYC procedures and systems.
• Experience with business banking KYC policies and processes.
• Ability to assess client risk and document findings clearly.
• Ability to raise clear RFIs for information as per procedures.

Responsibilities

• Assesses completeness and quality of initial KYC documentation for existing business banking customers to ensure compliance with CDD/EDD.
• Ensures adherence to regulatory requirements while reviewing cases for ODD.
• Raising RFIs for information/documentation as per KYC Onboarding and ODD procedures.
• Analyzes KYC data and negative news to determine client risk and provides guidance to the business on KYC issues.
• Conducts name screening of customers and related parties in profiles.
• Ensures KYC refresh through workflow during the ODD process.
• Adheres to SLAs on timeliness and quality.
• Contributes to policy updates and system knowledge improvements.

Skills

KYC knowledge

Analytical skills

Written and oral communication

Relationship building

Interpersonal skills

Judgment

Education

Bachelor's degree in business studies/law/accounting/economics/commerce

Job description

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 (RFIs) 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 customers 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
• Bachelors 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

Required Experience:

IC