RAKBank

Relationship Officer Business Account Acquisition

Ras Al Khaimah, UAEPosted 1 months ago

Salary
AED 10k–15k a month
Job type
Full time
Level
Mid level
Field
Finance & Accounting
Work mode
On site

About the role

To facilitate the end-to-end account opening process for Business Banking customers while ensuring compliance with regulatory requirements, internal policies, and service level agreements. The role is responsible for reviewing account opening documentation, conducting due diligence, coordinating with stakeholders, and ensuring a seamless onboarding experience for clients. Key Responsibilities Customer Onboarding & Account Opening Process business account opening applications accurately and within agreed turnaround times. Review account opening forms and supporting documents to ensure completeness and compliance. Verify trade licenses, constitutional documents, shareholder information, and authorized signatory details. Ensure all customer onboarding requirements are fulfilled prior to account activation. Liaise with Relationship Managers, Sales Teams, and clients to obtain missing documentation or clarifications. Compliance & Due Diligence Perform Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) checks where applicable. Ensure adherence to AML (Anti-Money Laundering), Sanctions Screening, FATCA, CRS, and regulatory requirements. Escalate high-risk cases and exceptional approvals to relevant compliance and risk teams. Maintain accurate customer records and ensure periodic updates as required.

Responsibilities

- Facilitate end-to-end business account onboarding for corporate clients within agreed turnaround times. - Review account opening forms and supporting documents for completeness and compliance. - Verify trade licenses, constitutional documents, shareholder information, and authorized signatory details. - Ensure all onboarding requirements are fulfilled prior to account activation. - Liaise with Relationship Managers, Sales Teams, and clients to obtain missing documentation or clarifications. - Perform Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) checks as applicable. - Ensure adherence to AML, sanctions screening, FATCA, CRS, and regulatory requirements. - Escalate high-risk cases and exceptional approvals to relevant compliance and risk teams. - Maintain accurate customer records and conduct periodic updates as required.

Skills

  • KYC
  • CDD
  • EDD
  • AML
  • Sanctions Screening
  • FATCA
  • CRS
  • Know Your Customer
  • Customer Due Diligence
  • Enhanced Due Diligence
  • Account Opening
  • Documentation Review
  • Regulatory Compliance
  • Due Diligence
  • Onboarding

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