Associate Analyst - KYC, HRO & ODD

Role Overview

Associate Analyst - KYC, HRO & ODD at ADIB, located in Al Ain.

Role Purpose

Perform due diligence for high-risk onboarding, conduct name screening, and complete KYC refresh for Ongoing Due Diligence in accordance with ADIB Onboarding and Ongoing Due Diligence Procedure.

Key Responsibilities

Due Diligence & Documentation

• Assess the completeness and quality of initial Know Your Customer (KYC) documentation for existing Business Banking Customers as part of CDD and EDD efforts.
• Ensure documentation aligns with applicable Ongoing Due Diligence Procedures.
• Analyze KYC data, documentation, and negative news to determine Client Risk Profile as established under ADIB KYC Ongoing Due Diligence procedures.

Compliance & Risk Management

• Ensure adherence to mitigating Compliance risk and Central Bank regulatory requirements while performing reviews of cases raised to GCD for ODD.
• Identify red flags linked to Financial Crime while performing Ongoing Due Diligence through analysis of information and transactions.
• Provide guidance and input to the Business on all KYC issues including KYC refresh.

Name Screening & Information Requests

• Conduct name screening of customers and related parties identified in customer profiles, including shareholders, Directors, Authorized signers, Nominees, Suppliers, and Customers.
• Raise appropriate, clear, and precise Requests for Information (RFIs) for information and documentation as applicable per KYC Onboarding and ODD Procedure.

Process Management

• Ensure KYC refresh through workflow is duly completed during the ODD process.
• Ensure all SLAs defined with the Business on timeliness and quality are adhered to.

Continuous Improvement

• Demonstrate the ability to adapt timely and adequately to new policies, procedures, and system knowledge.
• Participate in system-related update activities or new processes as required.
• Support ad-hoc activities or responsibilities assigned by management to support the unit.

Qualifications & Experience

• Bachelor's degree in business studies, law, accounting, economics, commerce, or specific training in risk management.
• Exemplary knowledge and experience in Business Banking (SME sector) for KYC policies and processes.
• Strong knowledge and experience providing KYC advice to all types of business and operations covering all types of customers.
• Strong knowledge of bank KYC onboarding and KYC refresh procedures.
• Good knowledge and experience of KYC procedure and systems.

Skills & Competencies

• Strong analytical, written, and oral communication skills.
• Good analytical, review, and assessment skills of bank Compliance procedures and IT systems.
• Enhanced problem-solving skills.
• Ability to balance between compliance requirement and business needs.
• Sound judgment.
• Strong interpersonal skills.
• Relationship building.