KYC Due Diligence Officer
Nathan & Nathan
- Dubai
- Permanent
- Full-time
Working days- Mon-Fri
Location- DubaiRoles and Responsibilitieso To bring KYC profiles of a specific number of clients to the onboarding standards
o Review policies & procedures along with cross-referencing against local regulations.
o Locating and collating the available CDD on file. Review existing CDD & determine what is missing
o Review if the documentation is meeting the compliance and regulatory timelines
o Perform a gap analysis of the available documentation
o Reaching out to clients for missing CDD (email and phone) and work closely with the Client Services /Operations UAE team to align on client communication /client contact
o Perform a high-level risk assessment on the data received
o Rename documentation following agreed naming criteria and ensure the latest documentation and client correspondences are files on the required document management system.
o Update the required systems with all the client data (Improve data quality) and ensure the data is stored in the required area as per the naming convention guidelines.
o Input all data into our client entity system for all entities, relevant related parties and underlying assets and creating the required cards.
o Populate linked key person profile forms.
o Test and confirm that automated overnight screening is enabled.
o Ensure all data is up to date and uploaded
o Ensure close alignment with the MLRO to ensure the CDD is up-to-date and complete
o Prepare files for onboarding to be reviewed & approved by local MLRO. File to include Risk Assessments, CTO & Screening results along with filling in GBAC (Global Business Acceptance Committee) forms as applicable.
o Align closely with the MLRO and project lead as well as the Client Services/Operations UAE team
o Update the trackers with the status per client