KYC Due Diligence Officer (Temp)

Our client is a Financial Service provider with professional expertise in delivering multi-jurisdictional investment and asset protection solutions. They are looking for a KYC Due Diligence Officer for their team in Dubai for a 3-month temporary contract.

Experience: Min 1 year
Working days: Mon-Fri
Location: Dubai

• To bring KYC profiles of a specific number of clients to the onboarding standards
• Review policies & procedures along with cross-referencing against local regulations
• Locating and collating the available CDD on file. Review existing CDD & determine what is missing
• Review if the documentation is meeting the compliance and regulatory timelines
• Perform a gap analysis of the available documentation
• Reaching out to clients for missing CDD (email and phone) and working closely with the Client Services /Operations UAE team to align on client communication /client contact
• Perform a high-level risk assessment on the data received
• Rename documentation following agreed naming criteria and ensure the latest documentation and client correspondences are files on the required document management system.
• Update the required systems with all the client data (Improve data quality) and ensure the data is stored in the required area as per the naming convention guidelines.
  
• Input all data into our client entity system for all entities, relevant related parties and underlying assets and creating the required cards.
• Populate linked key person profile forms.
• Test and confirm that automated overnight screening is enabled.
• Ensure all data is up to date and uploaded
• Ensure close alignment with the MLRO to ensure the CDD is up-to-date and complete
  
• Prepare files for onboarding to be reviewed & approved by local MLRO. File to include Risk Assessments, CTO & Screening results along with filling in GBAC (Global Business Acceptance Committee) forms as applicable
• Align closely with the MLRO and project lead as well as the Client Services/Operations UAE team
• Update the trackers with the status per client