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Customer Due Diligence Analyst

CDD Analyst

Associate. L

Department Description:
BSG CDD team performs due diligence check on CIB clients both corporates and FIG customers during onboarding and ongoing reviews The team work closely with Business Compliance Business Segments Tanfeeth ARC and RMC

CDD review should ensure adherence to Compliance policy and all other internal external guidelines The responsibility extends to ensure customer data is updated in Finacle and required documentation is stored in banks records

Brief Description:
BSG CDD team performs due diligence check on CIB clients both corporates and FIG customers during onboarding and ongoing reviews The team work closely with Business Compliance Business Segments Tanfeeth ARC and RMC

CDD review should ensure adherence to Compliance policy and all other internal external guidelines The responsibility extends to ensure customer data is updated in Finacle and required documentation is stored in banks records

Detailed Description:
The role of CDD analyst will be as below
1 Ensure CDD review of documents risk assessment screening preparation of CDD forms are done in line with Compliance and CIB guidelines within minimum engagement from Business teams
2 Prepare the full CDD assessment for onward submission to the approverreviewer
3 They will be responsible for specific portfolios within CIB
4 Coordinate with Compliance OPC ARC and RMC where required
5 Will be the first point of contact for any issuesescalations from the customerRM
6 Portfolio will be assigned to cover both CB and FIG to each analyst
7 Each analyst will be working primarily on a specific type of reviewa onboardingnew to bankb triggerperiodic review
7 As and when required to support work balancing Analyst will move between roles and where needed pick up the work from other analyst

Qualifications

Review cases as per Compliance and internalexternal guidelines circulated
Ensure process is always followed with minimum engagement of business teams
Focus on documentation checks screening and transaction monitoring as part of CDD process
Prepare the GAP for ongoing reviews after cross checking what is available and whether this is valid from sources identified
UBO unwrapping to be completed and OWC checks to be carried out
Preparation of any waiverdeferral where applicable
Work with the team head to ensure that the portfolio assigned is completed in a meaningful manner
Continuous engagement with customer and RM
Engage in control functions and team initiatives when required

Additional Details:
Specifications
Professional The incumbent will have a degree education as minimum
Professional certifications in Compliance AML such as CAMS
Functional The incumbent will have at least 23 years of banking experience with 2 year of experience in carrying out CDD reviews
UAE experience preferred with an understanding of local corporatesstructures etc Essential

C Knowledge Skills

Managerial CDDKYC FATCA and other regulatory requirements applicable as per UAE laws
Analytical and attention to detail
Problem identification and solving skills
Good written and oral communication skills
Good time management skills and adherence to deadlines is essential
Good team management skills
MIS skills
Arabic language is preferred All preferable

Primary Location: United Arab Emirates-Dubai-Dubai – Deira, Baniyas Road, Enbd Head Office

Job
: Processing

Organization
: Business Support & Governance

Schedule
: Regular

Shift
: Standard

Job Type
: Full-time
Day Job

Job Posting
: Apr 25, 2021, 12:54:50 PM
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