ECDD Support in Dubayy [Dubai], United Arab Emirates

at Standard Chartered Bank

Industry
Banking / Financial Services
Specialization
Banking
Minimum Qualification
Bachelor's Degree
Required Experience
1 - 3 years
Employment Type
Full Time
Gender
Male or Female

Job Description

• Facilitate Conduct Client Due Diligence (CDD) and account opening on SME clients and related activities. 
• Ensure that overdue CDDs are tracked for quality & TAT in executing the CDDs. 
• Ensure there is a robust CDD process in place with high quality of data integrity and monitoring.

Responsibilities

• Working with Relationship Managers to understand the client, correctly assess the client’s AML Risk, gather documentation from publicly available sources, liaise with clients / other departments (wherever required) and produce high quality & timely CDDs and statistical reporting. 
• Use SCB systems (i.e. eCDD, eBBS) to record, renew and maintain records of CDDs during periodic review. 
• Endeavour to ensure that overdue CDDs are tracked for resolution. 
• Provide Relationship Managers with insights into clients’ Anti-Money Laundering (AML) risk and develop an understanding of Industry sector, client information and other relevant factors that could impact the Bank’s AML risk. 
• Liaise actively with the Operations, Relationship Managers and members of the Operational Risk and Compliance functions. 
• Maintain CDD at the highest level of quality to protect the Bank from regulatory risk which could result into financial and reputational damage. 

Requirements

Graduate with background in CDD/related functions 
Awareness of SME CDD Guidelines will be an added advantage. 
Candidate must be diligent, hardworking and have attention to detail. 

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