Know Your Customer

3 months ago


Dubai, United Arab Emirates TWICG Full time

Job description

Role Description

Job Title: KYC Manager (Fund institution experience) Philippine /Vietnam speaker

Location: Dubai

Experience: 1-2 Years

Job Overview: The KYC Manager is responsible for implementing and overseeing the organization's KYC policies and procedures. This role involves managing a team, conducting risk assessments, ensuring compliance with regulatory requirements, and working closely with other departments to safeguard the company against financial crimes.

Key Responsibilities:
Compliance Management:
Develop, implement, and maintain KYC policies and procedures in line with regulatory requirements and industry best practices.

Ensure the organization complies with Anti-Money Laundering (AML) laws, regulations, and guidelines.

Monitor changes in relevant regulations and update internal policies as necessary.

Customer Due Diligence:
Oversee the process of customer identification, verification, and risk assessment.

Ensure thorough due diligence is conducted for all new and existing customers, including enhanced due diligence for high-risk clients.

Review and approve KYC profiles and documentation.

Risk Assessment:
Conduct and review risk assessments to identify potential risks associated with customers and transactions.

Implement risk mitigation strategies and recommend changes to improve the organization’s risk management framework.

Reporting and Documentation:
Prepare and present reports on KYC activities, compliance status, and risk assessments to senior management and regulatory bodies.

Maintain accurate and up-to-date records of KYC documentation and processes.

Collaboration:
Work closely with other departments, such as Legal, Compliance, and IT, to ensure a cohesive approach to risk management and regulatory compliance.

Liaise with external stakeholders, including regulators and auditors, as needed.

Continuous Improvement:
Identify areas for improvement in KYC processes and procedures and implement enhancements to increase efficiency and effectiveness.

Stay informed about industry trends, emerging risks, and new technologies relevant to KYC and AML.

Qualifications:
Bachelor’s degree in Finance, Business Administration, Law, or a related field.

Proven experience in KYC, AML, or compliance roles, with a strong understanding of regulatory requirements and industry standards.

Strong analytical, organizational, and problem-solving skills.

Excellent communication and interpersonal skills, with the ability to interact effectively with various stakeholders.

Proficiency in relevant software and tools used in KYC and compliance processes.

Working Conditions:
Full-time position with standard working hours, although flexibility may be required based on business needs.

Office environment with occasional travel, depending on the organization’s requirements.



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