ADCB Careers Abu Dhabi – Compliance Analyst

Job Description:

To complete due diligence on new to bank client on-boarding, monitor existing clients to rule out money laundering/terrorist financing/sanctions risks, investigate and report unusual/suspicious cases to UAE Central Bank in order to comply with regulatory requirements and mitigate risk for the bank

Job Responsibilities:

• Document on-boarding decisions for reviewed clients, provide advisory for sanctions matches referred by operations and business units and provide sign off for account opening for increased risk and Politically Exposed Persons (PEP) customers to ensure compliance with regulatory requirements
• Client On-boarding: Review account opening/know your customer (KYC) documentation, conduct quality client due diligence factoring AML/CFT and sanctions risks, liaise with business units and vigilance and control team to ensure quality of KYC forms and documents
• Client Risk-Assessment: Conduct risk assessments on reviewed clients, issue advisory/take decisions on new to bank account opening requests, make decisions on the risk assessment (increased, neutral, un-acceptable risks) of existing relationships to ensure compliance with regulatory requirements

Job Requirements:

• Bachelor’s Degree in Finance, Accounting, Commerce or Business Administration
• Understanding of account opening and customer documentation
• Knowledge of customer transactions and behaviours
• Microsoft Office (Word, Excel and PowerPoint)
• At least 4 years of experience in banking in compliance
• Exposure to banking transactions

Job Details:

Company: Abu Dhabi Commercial Bank – ADCB

Vacancy Type:  Full Time

Job Location: Abu Dhabi, United Arab Emirates

Application Deadline: N/A

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