Officer – SME Due Diligence Oversight

Solve Cube is an award winning AI enabled Talent Marketplace Platform for middle and senior level Management and Technology Professionals. Solve Cube is working with global consulting firms, mid and large banks and enterprises across Asia Pacific and Middle East to fulfill their talent needs for permanent, short-term, part-time, interim and turnkey assignments.

Our client, a leading Bank in UAE is looking for Officer – SME Due Diligence Oversight

P.S - ONLY UAE NATIONALS WILL BE CONSIDERED FOR THIS ROLE.

The primary purpose of this role is to analyze and assess assigned high-risk customer profiles for existing customers on a periodic basis and upon trigger events. This includes Politically Exposed Person (PEP) identification and assessment in line with internal policies, regulatory requirements, and the Bank’s risk appetite.

• Conduct in-depth reviews of existing high-risk customer profiles in line with internal KYC / ODD policies and procedures, referred by the Business to Compliance for periodic (annual) and trigger-based ongoing due diligence.
• Ensure completion of ODD with accurate KYC data and updated information, including risk rating changes through KYC refresh.
• Work closely with the Business to obtain missing or additional KYC information or documentation required to complete ongoing due diligence for high-risk customers.
• Identify red flags or Financial Crime Compliance (FCC) concerns, recommend exit of relationships where necessary, and coordinate with the Team Lead and Business to action accordingly.
• Collaborate with the sanctions screening team for newly identified PEPs through periodic PEP screening.
• Liaise with the respective Business units to obtain Business PEP assessments and senior management approvals, ensuring Compliance PEP assessment is completed prior to submission to Compliance senior management.
• Ensure all confirmed PEPs are appropriately recorded in the system and reflected in the updated PEP register.
• Ensure all required KYC information and documentation is properly retained and stored within the Bank’s systems across business lines.
• Document the review process clearly, evidencing analysis performed and rationale for approval or rejection of customer profiles.
• Escalate concerns appropriately to ensure customer profiles are assessed in line with internal policies and procedures.
• Follow the exception handling process to obtain required approvals where information is unavailable (temporary or permanent) or where changes indicate heightened financial crime risk during the ODD process.

• Interact and coordinate with various departments and branches (e.g., Credit, Operations, Business Units, and Branches) while performing ongoing due diligence, including KYC refresh and PEP assessments.
• Ensure KYC ODD (CDD/EDD) measures are completed within agreed timelines.
• Provide accurate and timely updates to the Manager regarding AML / TF risks identified during KYC refresh activities and ensure compliance with applicable laws and regulations across all activities.

• Bachelor’s Degree from a recognized university (minimum requirement).
• Minimum 3 years of experience in banking or financial services, preferably with due diligence exposure in either the First Line (Business) or Compliance (Second Line of Defense).