not specified, dubai, United Arab Emirates Unknown Posted Today
AML-CFT Support
Act as deputy to the MLRO when required
Receive and assess internal suspicious activity reports
And help determine whether external reporting SAR STR obligations arise
Maintain appropriate records relating to suspicious activity reporting and AML risk assessments
Support the effectiveness of AML transaction monitoring and sanctions PEP screening controls including review of alerts adverse media hits and suspicious activity investigations
Assist the MLRO in responding to regulator and law enforcement requests relating to financial crime including regulatory inspections audits and financial crime reviews
Help maintain and improve AML CFT policies procedures and training materials
Client Risk KYC amp Due Diligence
Support client risk assessments and due diligence CDD EDD reviews including for high-risk clients
Review high-risk client onboarding and periodic KYC reviews
Provide compliance guidance on client acceptance and related regulatory matters
Support KYC remediation and control enhancement initiatives
Compliance amp Regulatory Support
Monitor compliance with SCA CMA regulations applicable UAE laws and internal policies escalating gaps as they arise
Review findings from the annual Compliance Monitoring Plan CMP and compliance testing and ensure remediation actions are completed on time
Maintain compliance registers including breaches conflicts of interest and regulatory obligations keeping them accurate and current
Track regulatory developments relevant to CCMENA and help assess their business impact
Support the Head of Compliance in tracking open regulatory findings and remediation items keeping ownership and status visible
Help prepare the business for regulatory inspections and supervisory engagement including drafting briefing materials and supporting documentation
Prepare compliance reports and management information for the Head of Compliance senior management and the Board
Review compliance and regulator-facing documents for accuracy consistency and completeness ahead of Head of Compliance sign-off
Provide general compliance support to the Head of Compliance as priorities arise including research drafting and coordination across stakeholders
Risk Assessment amp Control Environment
Conduct and contribute to risk assessments and Risk amp Control Self-Assessments RCSAs across the compliance and AML CFT control environment
Maintain and develop compliance controls identifying gaps and recommending enhancements in response to emerging or changing risks
Stay alert to emerging regulatory financial crime and operational risks relevant to the business escalating concerns proactively
Review new and existing products for compliance and financial crime risk implications providing input into sign-off as required
Assess strategic initiatives and business changes for compliance risk impact ensuring appropriate controls are considered before launch
Experience and Qualifications
Experience in compliance and AML/CFT within a regulated financial services business, with the ability to support the MLRO and handle sensitive financial crime matters.
Working knowledge of UAE financial services regulations, including applicable SCA/CMA requirements.
Experience reviewing suspicious activity, transaction monitoring alerts, sanctions and PEP screening results, and adverse media findings.
Strong understanding of client risk assessments, CDD, EDD, high-risk onboarding, and periodic KYC reviews.
Experience assessing compliance controls, documenting findings, and tracking remediation through to completion.
Ability to assess the compliance and financial crime risks of new products, business changes, and strategic initiatives.
Strong analytical and drafting skills, including the ability to prepare clear risk assessments, management reports, and regulator-facing materials.
Sound judgement, attention to detail, and the confidence to escalat e? concerns and advise stakeholders across the business.
Excellent written and verbal English communication skills.