RAKBANK
Senior KYC Analyst
- Permanent
- Ras Al Khaimah, United Arab Emirates
- Experience 5 - 10 yrs
Report job as expired
Job expiry date: 02/09/2025
Job overview
Date posted
19/07/2025
Location
Ras Al Khaimah, United Arab Emirates
Salary
AED Undisclosed per month
Experience
5 - 10 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
02/09/2025
Job description
At RAKBANK, the Senior KYC Analyst plays a critical role in ensuring compliance during the client onboarding process. The position involves executing thorough due diligence, conducting KYC and background verification checks, and validating client documentation. The analyst will collaborate closely with cross-functional teams such as Sales, Credit, Projects, HR, and MIS to ensure client risk is accurately assessed and managed. The role includes fraud detection, regulatory adherence, reporting, and participation in internal audits. A proactive approach to process improvements and compliance standards is essential.
Required skills
Key responsibilities
- Review and process onboarding files, ensuring completeness and compliance
- Conduct KYC and BVR checks to validate client acceptability
- Assess client risk scores and escalate medium/high-risk cases for approval
- Clear false positives and AML alerts flagged during screening
- Perform system checks and assist in KYC remediation as needed
- Coordinate feedback and approvals across relevant units
- Detect and report documentation frauds during onboarding
- Support internal audits and ensure timely information sharing
- Maintain adherence to RAKBANK, Central Bank, and audit requirements
- Monitor turnaround times and drive continuous process improvements
- Prepare internal activity trackers and monthly performance reports
- Generate staff performance scorecards based on productivity and behaviour
- Assist with MIS and inventory monitoring activities
Experience & skills
- University Degree or equivalent qualification
- Minimum of 5 years in a client onboarding, compliance, or governance role
- Strong understanding of banking operations, regulatory compliance, and risk management practices
- Ability to identify and manage client-related risks effectively
- Strong interpersonal skills to navigate evolving processes and communicate across teams
- Versatility in handling diverse tasks and product lines
- Efficient planning and execution to meet service delivery standards
