KYC AML Specialist Gift City in International Bank

Job Description

Role & responsibilities The IBU plays a key role in regional expansion strategy, offering a range of trade finance, loan and T&M products to our valued clients. Job Purpose To Assist IBU COO in implementing the Policy and Processes with an aim of ensuring a sound Risk and Control environment. Key Accountabilities 1. Assist in timely implementing the Policy and Processes 2. Conduct thematic reviews on AML / CFT and other areas. 3. Improve AML policies and controls wherever required. 4. Track for closure of Audit issues and ensure non repeat. 5. Assist in monitoring KRIs as part of governance and control. 6. Support in RSCA exercise Job Duties & responsibilities Operational Risk 1. Support Identifying, assessing and reviewing various KRIs related to BU/SUs. 2. Support in GL certifications, suspense account monitoring and daily Nostro reconciliation. 3. Identify control gaps and issues, and drive remediation efforts to strengthen the control environment. 4. Support in designing, reviewing SOPs/ process flows for new/ existing products COO Office: Governance and Controls 1. Engage key stakeholders to promote strong risk culture and ensure smooth implementation of governance and control initiatives 2. Improve Controls / Compliance for business embed risk culture within Team 3. Support various audit submission including IFSCA, group and concurrent audits 4. Support in RSCA exercise 5. Maintain accurate records and update internal systems 6. Stay up-to-date with regulatory changes and industry trends KYC AML 1. Assess IBUs proficiency in complying with CDD/AML Policy of the Bank/Regulator 2. Monitor compliance with internal policies and external regulations 3. Conduct Thematic Reviews to identify mitigate AML/Financial Crime Risk 4. Assist in investigating and resolving AML / KYC related issues