KYC / CDD Analyst - Sharjah
Job Title: KYC / CDD Analyst
Location: Sharjah
Contract Duration: 6 months
Level: Analyst
Job Description
We are seeking a detail-oriented KYC / CDD Analyst to support periodic and trigger-based customer due diligence activities in line with the Bank’s customer risk rating framework and regulatory requirements.
Key Responsibilities
- Conduct periodic KYC refreshes and trigger-based reviews in accordance with internal policies and regulatory standards.
- Review, update, and maintain customer profiles, including:
- Customer identification and verification information
- Ownership and control structures
- Ultimate Beneficial Ownership (UBO)
- Nature of business, Source of Funds (SoF), and Source of Wealth (SoW)
- Ensure KYC records are complete, accurate, and up to date across core banking and KYC systems.
- Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for higher-risk customers, including:
- High-risk geographies
- Politically Exposed Persons (PEPs)
- Complex ownership structures
- Cash-intensive or high-risk industries
- Assess and document customer risk factors and apply appropriate risk ratings.
- Prepare clear and concise EDD narratives, including justifications for risk acceptance or escalation.
- Collect, validate, and review KYC documentation in line with regulatory and internal standards.
- Maintain proper documentation and audit trails to support internal audits, compliance reviews, and regulatory inspections.
- Adhere to defined SLAs and productivity targets while maintaining high quality standards.
- Liaise with Relationship Managers, Front Office, Operations, and Compliance teams to resolve KYC gaps and outstanding issues.
Required Knowledge & Skills
- Strong understanding of AML/CFT, KYC, CDD, and EDD requirements.
- Practical knowledge of CBUAE AML/CFT Regulations and regulatory guidance.
- High attention to detail with strong documentation and analytical skills.
- Ability to manage multiple cases within tight timelines.