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Description
The Controls Officer for RB Operational Risk is responsible for performing all the controls related functions within the Retail Banking Unit. Efficiently carryout all the activities designed to identify and mitigate AML, Sanctions and Fraud Risk for the department.
What You’ll Do
- Conduct due diligence for all Retail Banking customers and also to ensure that quality KYC’s are prepared, ensuring accurate, adequate and complete information of the customer
- Review and update KYC’s (Know Your Customer document) for new & existing Retail Banking customers in line with the policy
- Provide timely response on compliance related queries/issues and escalation if it is not resolved in time
- Block / escalate any suspicious transactions / activities / profiles
- Investigate EFMS, Compliance, Sanctions and AML (Anti Money Laundering) queries raised on Retail Banking accounts and ensure resolution within the stipulated timelines
- Conduct enhanced due diligence on retail customers including Name screening / Ename Checker and public domain searches
- Make appropriate recommendations for approvals in line with bank policy and relevant AML / Central Bank regulations
- Promptly highlight and escalate client transactions and activities that appear suspicious in nature
- To ensure that the set standards for SLA’s are met at all the times
Skills
What We're Looking For
- Higher Diploma
- 1-3 years’ banking experience. Compliance related experience is preferred
- Certification requirement: CAMS Preferred
- Eye for detail, analytical and investigation skills
- Good working knowledge of MS Excel
- Ability to work in a dynamic environment
Opportunity Details
Opportunity Location
UAE