Compliance Officer

Description:

What You Will Be Doing

• Analyze transaction trends in customer accounts to identify potentially suspicious transactions from a financial crimes viewpoint and take appropriate actions.
• Ensure quality, timeliness, and accuracy in reviewing customer transactions.
• Efficiently identify and perform due diligence on red flags.
• Obtain documentary proof of suspicious findings and maintain effective record-keeping of identified and reported suspicious transactions.
• Prepare and clear Suspicious Transaction Reports (STRs) and raise them in the CB-UAE portal.
• Periodically review high-risk clients for potential suspicious activity.
• Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies, and developing trends.
• Assist in identifying systemic control weaknesses related to the AML Unit.
• Execute tasks and instructions from supervisors in a timely and efficient manner.

What You Should Have

• Attention to detail.
• Ability to manage change and self-motivation.
• Effective use of information.
• Skills in managing and resolving complex issues and projects.
• Ability to work both as a team player and individually.
• Knowledge of key UAE regulations from CBUAE and SCA, as well as an understanding of operational risk.

What We Are Looking For

• Bachelor’s degree in finance, business, or a related field.
• At least 2 years of experience in an AML compliance role.
• Strong analytical skills.
• Computer literacy (Word, Excel).
• Understanding of marketplace AML issues, typologies, and AML suspicious activity transactions.
• Understanding of banking, payment systems, KYC requirements, and CB-UAE regulations on AML.