Business Money Laundering Control Manager (UAE National role)

Location: MSquare Branch, Dubai

About the Job:
Join a dynamic team aimed at supporting affluent customers with their domestic and international banking and holistic wealth management needs. In this role, you will protect the company and its customers by identifying and mitigating money laundering and sanctions risks while enhancing customer experiences through effective monitoring and control.

Key Responsibilities:

• Discharge the Business Money Laundering Control Manager (BMLCM) and risk role for the IWPB Distribution Network, proactively identifying and mitigating money laundering and sanctions risk through effective monitoring, controls, and timely escalation/reporting of suspicions.
• Plan, direct, and oversee risk-related activities to support customer-facing teams while ensuring compliance with internal controls, AML/sanctions requirements, and relevant regulatory expectations.
• Support frontline onboarding processes, including clearing high-risk queues (e.g., non-resident, sanctions, high net worth individuals, Special Category Customers (SCC)), ensuring timely progression and appropriate risk handling.
• Review and assess screening referrals (e.g., Blacklist/World-Check) from the RMO team and IWPB frontline teams, taking timely action and supporting screening-related follow-ups in line with required processes.
• Follow up on CDD completion, monitoring and chasing outstanding CDD actions through to closure.
• Review high-risk cases and provide guidance on cash transactions, ensuring approvals are obtained per the cash escalation matrix.
• Manage and support escalations from the frontline (including RFIs), applying appropriate challenge, ensuring robust documentation, and providing high-quality responses to payment alerts requiring Level 3 due diligence.
• Maintain strong compliance records and operational controls, including restriction monitoring (log, track, evidence, and follow-up) and ensuring compliance with applicable local regulatory requirements.
• Apply KYC due diligence rigorously for individuals linked to Sensitive Sanctioned Countries, SCC, high-risk third countries, and non-residents.
• Provide expertise, coaching, and training on Financial Crime topics (including non-resident processes) to upskill staff and help teams manage client expectations.
• Act as a key point of contact for network/RCC queries, promoting a strong compliance culture and supporting the raising of financial crime escalations where appropriate.
• Contribute to ad hoc Compliance and Risk assignments, supporting projects with timely updates and overseeing remedial FCC/Risk actions.
• Manage exit cases through the Reputational Risk Committee governance process and apply the agreed contact strategy for payment RFIs and sanctions-related cases.
• Support the second line of defence (e.g., FC Advisory, Sanctions Advisory, AML Engagement and Investigators) by responding promptly and accurately to RFI requests.

Requirements:

• Completion of any risk-related courses (ACAMs, ICA, Other Risk courses) is an advantage.
• Proven ability in CDD, analytics, and financial crime prevention activities.
• Comprehensive understanding of the company's IWPB procedures and a broad knowledge of financial crime risk and local regulatory environment.
• Good understanding of Lines of business procedures for AML, Sanctions, AB&C, and Tax.
• Knowledge of the Premier, Advance, and Personal Banking Propositions.
• A graduation degree is essential for obtaining a UAE visa and/or work permit; if your university certificate is from outside the UAE, up-to-date attestations and equivalency are mandatory.

Benefits:

• Inclusion in a culture where all employees are valued, respected, and given the opportunity for professional development.
• Flexible working options and opportunities to grow within a diverse and inclusive environment.
• Commitment to diversity, bringing different ideas and perspectives to foster innovation and sustainability in business.