Compliance Officer

Conduct and review KYC (Know Your Customer) and customer due diligence procedures. Review customer identification documents and ensure proper verification and record keeping. Monitor transactions against internal compliance rules and applicable sanctions requirements. Investigate alerts and unusual transactions and escalate potential suspicious activities. Assist in preparing and submitting Suspicious Transaction Reports (STRs) and other required regulatory reports. Maintain proper AML/KYC records and ensure documents are updated and readily available for audits. Conduct periodic reviews of high-risk customers and transactions. Support the implementation and monitoring of the company's AML/CFT policies and procedures. Assist in identifying and assessing compliance and financial crime risks. Conduct regular compliance checks across branches and business operations. Identify compliance gaps and recommend corrective actions. Coordinate with internal departments regarding compliance-related matters. Assist with internal and external regulatory audits and inspections. Monitor changes in UAE laws, regulations, and Central Bank requirements and communicate relevant updates to management. Provide compliance training and awareness sessions to employees when required. Prepare periodic compliance reports and management updates. Maintain confidentiality of customer and company information. Perform other compliance-related duties assigned by management.

Desired Candidate Profile

Bachelor's degree in Finance, Accounting, Business Administration, Law, Risk Management, or a related field. Professional certification in AML, Compliance, Risk Management, or Financial Crime is an advantage. Good knowledge of UAE AML/CFT regulations and money exchange business requirements. Knowledge of KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), sanctions screening, and transaction monitoring. Employment Type Full-time

Keywords