The Compliance Specialist is responsible for ensuring that the company complies with local laws, regulations, and guidelines related to KYC, AML, CFT, and other compliance areas.
Conduct KYC, AML, CFT, CDD, and EDD procedures for new and existing clients (individual and corporate customers) and clearing any issues relating to onboarding of new customers.
Monitor and review client transactions for suspicious or fraudulent activities and prepare Suspicious Activity Reports (SAR) and Suspicious Transaction Reports (STR) as required and assist for timely submissions.
Ensure compliance with local regulations, such as FIU & Central Bank of UAE, as well as international regulations, such as FATF Recommendations.
Qualification:
A minimum of a bachelor’s degree in finance, Business, Law or a related field. (A master’s degree in law will be an advantage).
Certified Anti-Money Laundering Specialist (CAMS) or similar certification is preferred.
Strong knowledge of the UAE’s legal and regulatory framework, CBUAE’s regulations, guidelines.
Experience:
A minimum of 2 years of relevant experience in a bank, regulated financial institution, or Exchange house or banks in UAE.
Salary: Up to AED 8500
Location: DSO , Dubai.