Compliance Specialist Screening

Job Purpose :

• Responsible for the pre on boarding reviews of the high risk accounts referred by the business units, PRB/ BUB/ PSB
• To carry out the enhanced due diligence activities and customer screening to protect and mitigate the Compliance and Sanctions related risks for the Retail Bank.
• Required to carry out the CDD on the existing customers, New to Bank customers from Safe watch perspective and also for investment perspective.

Job Content :

• Review of the OWC delisting activity and assist Business units in getting GC approvals. Measured by the TAT adherence
• Retention cases, Special Projects
• To assist with preparation and review of PEP On-boarding, existing and Annual Review forms.
• Assisting different Business units in RBWM with OWC clearance on the client.
• Assist Manager High Risk Account Opening Team on action points for implementation on Ops, controls, audit and compliance.
• Ensures to complete the QA activity for RBWM Business units for the KYC remediation activity carried out
• Carryout the QA on a continuous basis for BAU cases
• Analyze the risk associated with the customer by performing due diligence on the customer.
• Support Manager High Risk Account Opening Team to get satisfactory audit ratings for the HRA team activities.
• Ensure corrective action is taken to meet business objectives.
• Yearly mandatory trainings to be attended and ensure participation and updating of knowledge.

Job Specifications:

• Graduate with understanding of Banking, local regulations and current developments.
• A minimum of 3 years professional experience in Banking with experience in Operations & Compliance.
• At least 2 years of experience in a relevant position required.
• A proven track record of consistent performance and achievement.
• Knowledge of Compliance policies procedures.
• Understanding of the bank operations, products, policies, regulations, compliance and risk management is needed.
• Excellent communication (written and verbal), negotiation skills, good organizational leadership and interpersonal skills are must.
• Good knowledge of the Policy, Procedures, Standards, local and international regulations and the legislation of the prevention of money laundering.