In accordance with UAE and international Anti-Money Laundering Requirements, banks are obliged to perform Know-Your-Client ('KYC') reviews on all clients.
Accordingly, to review / analyse, screen the existing customer base, conduct customer due diligence (CDD), enhanced due diligence (EDD) where applicable, ensure it is fit for purpose and meets international best practice standards & banks policies.
Requirements
KYC Remediation
- Review the customer cases submitted by business for screening hit dispositioning
- Perform screening on customer, CP and company as per the bank procedural guidelines
- Review, escalate and mitigate the screening hits (true & potential)
- Collect & review all relevant documentation and details required as per the gap analysis
- Fill in all relevant fields on the KYC template/ excel for data remediation
- Perform SDD or EDD as per the customer risk rating
- Analyse the appropriateness of data received and submit to KYC R&C for review
- Resolve all queries raised by KYC R&C checker and complete the remediation process by receiving KYC R&C approval
- Raise BPMS requests to have T24 updated post R&C approval on remediation
- Managing the workflow and timely submission to R&C Team
- Support the KYC teams to update KYC details for remediation
- Support Team Leader assisting with projects/deliverable to meet deadlines
- 2 to 3 years of banking experience
- CAMS certified
Top Skills
What We Do
Global Software Solutions Group Veracious product line is a series of robust banking platforms that provide core banking, payment systems, custom process automation, and document management solutions for banks and financial institutions in Middle East & Africa. This cutting-edge product line features the Veracious Payments Hub, Digital Banking and the DMS, all built on the Torus Lowcode development platform software.
Global Software Solutions Group is a software solutions provider that aims to solve mission-critical problems that financial institutions face today. Our software solutions bring together our Low Code platform, the payments product line and customized service offerings to solve mission-critical statements in core banking, payments, process automation, and document management. The Payments Hub is GSS's flagship product.
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