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
About the Role The role is focused on safeguarding the bank from financial penalties and regulatory actions associated with non-compliance to Financial Crime Controls (FCC) laws and regulations. The ideal candidate will ensure that all processes and controls necessary to comply with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations are effectively integrated into the bank’s procedures. Responsibilities - Assist with the implementation of an effective FCRA program across the Bank to mitigate risks related to Money Laundering, Terrorist Financing, Proliferation Financing, and Anti-Bribery and Corruption (ABC). - Facilitate external regulatory examinations, internal audits, and coordinate with business units to ensure timely closure of any audit findings or action items resulting from these audits. - Monitor emerging money laundering trends and provide recommendations that align with the bank’s risk-based AML policy, KYC guidance, and risk appetite framework. - Conduct investigations as deemed necessary or as directed by Regulators, AML/CFT, Sanctions, and HO-Compliance units. - Proactively recommend improvements to the Compliance framework and structure in accordance with business needs and HO Compliance guidelines. - Assist HO Compliance in formulating bank-wide policies, including AML policy, the Semi-Annual MLRO Report, KYC Guidance for high-risk jurisdictions and conflict zones, and personal investment policies. - Facilitate Compliance Regulatory projects and oversee the implementation of initiatives across all locations. - Develop strong professional relationships with relevant Regulatory Authorities to ensure full cooperation and timely resolution of queries, including delivery of necessary Regulatory reporting. - Share regular updates, communications, and developments from a Regulatory perspective that are relevant to the business, enhancing compliance awareness and understanding among stakeholders. - Proactively coordinate with other Embedded Compliance Functions (ECF) as necessary for timely closure of cross-group or pan-bank issues in collaboration with HO Compliance. - Develop and maintain effective record-keeping practices. - Plan and manage the budget expectations efficiently. Requirements Candidates should possess relevant experience in compliance and regulatory affairs, specifically in the financial services industry. A strong understanding of AML/CFT regulations and audit processes is essential. Benefits The role offers competitive salary packages and opportunities for professional growth in a dynamic working environment. Contract and Travel Details on the contract type and any potential travel requirements will be discussed during the interview process.
