Manager KYC Review & Approval Full-time Job

Key Role

Manage approval process for New to Bank Client Onboarding Process along with Periodic & Trigger Reviews in liaison with all stake holders. Ensure all clients are onboarded within the onboarding timelines agreed. Main stakeholders are Clients, Coverage Bankers ( Region / Global ) , KYC Operations Team, Compliance, Offshore Support Team.

Previous experience of developing relationships by communicating, influencing and negotiating effectively with business heads, senior managers, consultants m technical experts across the whole department and businesses.

Review account opening forms new business and existing clients where applicable.

Be aware of the strategic clients and their longer-term requirements by engaging with the Coverage Bankers when they undertake the Business Case and client selection process.

Always ensure adherence to all internal policies / procedures and external regulatory requirements.

Perform independent analysis of high-risk factors and as an outcome of key risk indicators escalate the relevant case to Financial Crime Compliance teams (FCC).

Efficiency- Adherence to the escalation and abandonment policy.

Prioritization – maintain the discipline in partnership with the local business. Communicate consistency to internal and external stakeholders to ensure that the cases are accepted through the approved channels and expectations are managed appropriately.

Review questionnaires such as Wolfsberg, AML & Sanctions appropriately

Relationship Management

Develop and manage relationships with Investment Banking stakeholders across business lines and supporting functions.

Undertake strong support and communication with both internal & external clients to facilitate efficient client on boarding & off boarding

Deliver fair outcomes of our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.

Reporting

Ensure information for MI related to Investment Banking segment, for On-boarding & KYC is prepared and presented on a periodic basis.

Ensure exceptions are updated in CDD Exception tracker and tracked to resolution. Tracker to be circulated to relevant stake holders on monthly basis.

Monitor monthly KYC KRI /KPI reports

Interact with other stakeholders and help the KYC teams achieve KIR’s / KPI’s.

Qualifications

Minimum Qualification

Bachelor’s degree or higher in management, banking, finance.

Preferably with certification in compliance, KYC/AML/CFT, financial crime or risk management ( will be added advantage)

FAB, the UAEs largest bank and one of the worlds largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.