Compliance Officer – AML

Are you passionate about safeguarding financial integrity and combating financial crime? We're looking for a dedicated Compliance Officer AML to join our team and play a crucial role in our anti-money laundering efforts.

What You Will Be Doing

• Analyse customer transaction trends to identify potentially suspicious activities from a financial crime perspective and take appropriate actions
• Ensure the quality, timeliness, and accuracy of transaction reviews for customer accounts
• Conduct thorough due diligence to identify and address red flags effectively
• Collect and maintain documentary evidence for suspicious transactions and ensure proper record-keeping for reported cases
• Prepare Suspicious Transaction Reports (STRs) and submit them accurately through the CB-UAE portal
• Perform periodic reviews of high-risk clients to detect potential suspicious activities
• Stay updated on money laundering and terrorist financing issues, including related policies, procedures, regulations, industry best practices, criminal typologies, and emerging trends
• Assist in identifying systemic control weaknesses within the AML unit and suggest improvements
• Execute tasks and instructions from supervisors in a timely and efficient manner
• Identify compliance risks, gaps, or issues within the organization and conduct root cause analysis of non-compliant incidents to recommend effective solutions.

What You Should Have

• Bachelor’s degree in finance, Business, or a related field
• At least 2 years of experience in an AML compliance role
• Strong analytical skills
• Understanding of marketplace AML issues, topologies & AML suspicious activity transaction
• Understanding of banking, payment systems, KYC requirements & and CB-UAE regulations on AML
• Partner with business units to drive a strong culture of compliance.
• Identifying Issues by finding compliance risks, gaps, or issues within the organization
• An analysis of the root causes of non-compliant incidents to develop effective solutions.