Senior Officer, KYC & Onboarding - IB

First Abu Dhabi Bank (FAB); Abu Dhabi; On-site; AED 200,000 - 300,000; Full time

Job summary

A prominent financial institution in the UAE is seeking a Manager for KYC & Onboarding. The role involves performing KYC reviews for corporate and investment banking clients, ensuring compliance with bank policies and UAE regulations. Candidates should have experience in KYC processes and a strong understanding of AML/CTF regulations. This position offers an opportunity to work in a dynamic environment focused on regulatory compliance.

Qualifications

• Experience in KYC processes for Corporate and Investment Banking clients.
• Proficiency in auditing KYC files for compliance.
• Strong understanding of AML/CTF regulations.

Responsibilities

• Perform KYC reviews on new clients and periodic reviews.
• Conduct independent reviews of KYC files as a Maker.
• Assess and mitigate AML/CTF risks associated with clients.

Job description

In accordance with UAE and international Anti-Money Laundering Requirements, banks such as FAB are obliged to perform Know-Your-Client ('KYC') reviews on all new clients they adopt and periodic reviews of these clients.

The core responsibilities of Manager, KYC & Onboarding is to perform duties as required in the relevant bank policies and departmental SOPs covering KYC process for Corporate and Investment Banking clients. The candidate will perform independent reviews of KYC files at the time of client on-boarding and KYC refresh as an “Maker” role. 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.

Additionally, candidate will ensure that AML / CTF / Sanctions risks associated with the clients are appropriately assessed and mitigated and the Group KYC standards are adhered and enforced.