Manager – Client Acceptance Advisory

Job Description:

Oversee the Client Acceptance Advisory team, ensuring accurate/high quality enhanced due diligence (EDD)/customer due diligence (CDD) reviews/assessments and de-risking strategies, manage thematic/periodic reviews and customer/know your customer (KYC) screening systems and provide required reports in order to comply with regulatory requirements and mitigate risk for the bank

Job Responsibilities:

• Respond to correspondence received from Local/Foreign Banks on KYC, CDD standards in order to comply with industry standards
• Provide monthly reports to UAE Central Bank on customer profiles in order to meet regulatory reporting requirements
• Oversee the completion of risk assessments on reviewed clients, the advice being provided and decisions being taken on new to bank account opening requests to ensure high quality, accuracy and compliance with regulatory requirements
• Provide direction to the team on complex cases and follow up with the business on behalf of the team on high risk/pending cases to ensure these are handled in compliance with regulatory requirements
• Conduct regular reviews/sampling of account opening/know your customer (KYC) documentation to ensure high quality reviews are being completed within agreed turnaround times (TAT)

Job Requirements:

• Exposure to banking transactions
• Knowledge of customer transactions and behaviours
• Understanding of FinTech and RegTech
• Understanding of banking systems, reports and workflows
• Understanding of local/International and Central Bank rules and regulatory requirements
• Understanding of CDD, EDD, AML and Sanctions