Skills and Experiences

Ref. JB3867973
Post: FATCA/CRS specialist

Job Description

  • Enhance and centralize the banks on boarding policies, and procedures. This includes: preparing information requests to relationship managers, retrieve missing documentation from their customers, screen and transaction monitoring of the accounts.
  • Analyze existing AML/KYC policies, guidelines and procedures and create new AML/KYC policies, guidelines and procedures that are consistent with the Regulations.
  • Performing KYC Remediation of our customers’ accounts by describing the process of remediating their accounts, and then executing this approach.
  • Validate accuracy against client-provided account information and tax treaty benefits claimed, and identify and resolve exceptions.
  • Analyze current business process to understand the business needs and to determine how to best fulfill needs.
  • Perform GAP Assessment of the required information that will be needed for customer accounts.
  • Outstanding team player, autonomous, dynamic, result oriented, rigorous and committed.
  • Identify and classify payees for FATCA and other tax reporting and withholding purposes.
  • Monitor for change in circumstances and perform additional diligence, when necessary.
  • Assist the banks in performing KYC Remediation for their customers’ accounts.
  • Knowledge of AML, KYC on boarding, Due Diligence compliance framework, etc.  
  • Understand the US and Global Regulations to perform KYC remediation.
  • Review tax certification forms for completeness and appropriateness.
  • Knowledge of Client On-Boarding process/lifecycle projects.
  • Collaboration with internal and external bank stakeholders.


  • Excellent communication skills (verbal and written) and able to communicate complex ideas to all areas of the business.
  • Working knowledge of regulations forms
  • Deliver business process and IT change.
  • Highly effective communication skills.
  • Experience or Financial Services.
  • Investigate client documents.
  • ability to work independently      
  • Proficiency in excel is a plus
  • Assist in training new hires.
  • Knowledge of FATCA and CRS
  • Project Management Skills
  • Policy and procedure

Job Details

  • Job Location: Al Kuwait, Kuwait
  • Job Role: Compliance & Corporate Governance
  • Employment Status: Full time
  • Employment Type: Employee
  • Number of Vacancies:2

Preferred Candidate

  • Career Level: Mid Career
  • Years of Experience :Min: 1 Max: 3
  • Residence Location: Kuwait
  • Degree: Bachelor's degree

Apply directly by clicking the below link:
FATCA/CRS Specialist @ Commercial Bank of Kuwait