KYC Officer Full Time NEW

The KYC Officer is responsible for ensuring compliance with regulations and internal policies related to customer due diligence at Hijra Bank S.C. This full-time position is suited for junior-level candidates with 1-3 years of experience and involves working in an office environment in Addis Ababa. The role focuses on action planning, account management, and accounting to effectively manage KYC processes and mitigate risks associated with customer relationships.

Key Responsibilities:

• Conduct thorough customer due diligence and risk assessments to identify potential compliance issues.
• Maintain accurate records of customer information and documentation in accordance with regulatory requirements.
• Collaborate with other departments to gather necessary information for KYC processes.
• Monitor and review customer accounts for any unusual or suspicious activities.
• Assist in the development and implementation of KYC policies and procedures.
• Provide training and support to staff on KYC regulations and best practices.
• Prepare reports on KYC findings and present them to management.
• Stay updated on changes in regulations and industry standards related to KYC.
• Support the audit process by providing documentation and insights related to KYC activities.
• Engage with customers to explain KYC requirements and facilitate the collection of necessary documents.

Required Skills:

• Plan and execute action plans for KYC compliance effectively.
• Analyze and interpret financial documents and account statements.
• Manage customer accounts with a focus on regulatory compliance.
• Assess risks associated with customer relationships and transactions.
• Conduct investigations into customer backgrounds and activities.
• Document procedures and compliance activities accurately.
• Communicate KYC requirements clearly to customers and stakeholders.
• Collaborate with cross-functional teams to enhance KYC processes.
• Utilize technology and software tools for efficient KYC management.
• Adapt to changes in regulations and internal policies swiftly.

Desired Skills:

• Demonstrate strong analytical and problem-solving abilities.
• Possess excellent attention to detail and organizational skills.
• Show initiative in identifying areas for process improvement.
• Exhibit strong interpersonal skills for customer interaction.
• Maintain confidentiality and integrity in handling sensitive information.