About the Role
We are currently seeking a Junior Analyst who will be responsible for assisting the department in implementing procedures related to AML, FATCA, and CRS regulations. The role involves ensuring timely completion of KYC, accurate reporting, and supporting the FATCA & CRS compliance framework in accordance with UAE regulatory requirements for the insurance sector.
Ready to apply for roles like this?
Unlock the company name and direct application link. Subscribers get instant access to fresh jobs across Dubai, Abu Dhabi and Riyadh, many with visa support.
Unlock employer & apply directly
What You Will Do
- Collect, review, and validate FATCA and CRS self-certification forms and KYC documentation.
- Perform due diligence on clients to determine FATCA & CRS status and ensure completeness of tax residency information.
- Assist the compliance department in the development and implementation of AML, FATCA & CRS policies and procedures.
- Coordinate internally and externally to obtain required KYC and tax information for onboarding and ongoing AML, FATCA, CRS compliance.
- Maintain accurate records and tracking of AML, FATCA & CRS documentation as per record retention policies.
- Prepare and submit AML, FATCA and CRS regulatory reports to relevant authorities.
- Participate in training programs related to AML, FATCA & CRS compliance.
- Maintain ongoing awareness of all internal and external AML, FATCA CRS compliance requirements.
- Identify and escalate any gaps or issues in client information, documentation, or compliance processes.
- Assist in responding to regulatory queries and audits regarding AML, FATCA and CRS.
- Develop training presentations and conduct training relating to AML, FATCA & CRS.
- Ensure reporting deadlines are met as per agreed turnaround times (TATs).
Required Skills to Be Successful
- UAE National with Family Book.
- Minimum 1 to 2 years of AML, FATCA & CRS compliance experience in insurance, banking, or financial services in the UAE.
- Bachelor’s degree in law, commerce, Business Administration, Finance, or related field.
- CAMS, ICA, or equivalent certifications are preferred.
- Good interpersonal skills and the ability to effectively communicate with internal stakeholders and clients.
- Excellent organizational skills and time management skills, with the ability to prioritize tasks under pressure.
- Strong analytical skills, good knowledge and understanding of industry best practices, internal controls, regulatory requirements.
- Knowledge of FATCA, CRS and KYC regulation.
Contract and Travel Details
- Type of employment and travel requirements related to the role are not specified in this description.
