Job Details
Domain Experience:
- Minimum 10 years in the Compliance Department of a Bank holding a Managerial/supervisor level position with at least 3 to 5 years in UAE market.
- Strong Understanding of AML/CFT and Regulatory requirements.
- Proven experience in handling External Auditors & Regulators and providing relevant walkthroughs & being POC for all relevant RFIs.
- Involved in CBUAE AML/CFT/CPF Examination remediation projects with proven ability to close related Findings.
- Experience in dealing with CBUAE Examiners and 3rd party
- Developing and implementing Compliance related Policies and Procedures.
- Strong Knowledge of FCRA and the risk associated with it.
- Proven experience in conducting Financial Crime risk assessments and compliance reviews.
- Ability to conduct risk assessments to identify potential areas of vulnerability and recommend strategies of mitigation.
- Proficient in using Sanction and AML Monitoring software and tools.
- Good knowledge for conducting sanction screening system fine tuning and fuzzy logic.
- Strong Knowledge of Transaction Monitoring Typologies/scenario and system Tuning & Validation (Data mapping, calibration of threshold).
- Familiarity with KYC/CDD, EDD and onboarding process and customer risk profiling.
- Experience with cross border payments AML/CTF and sanction program
Qualifications (desirable):
- Bachelor’s degree in Business, Finance or related Field.
- Post-graduate or master’s degree in Business, Finance or related Field is strongly preferred.
- Highly numerate with strong data analysis academic experience.
- Relevant Professional Certification Such as ACAMS, ICA, or Equivalent
Preferred types of organizations
- Previously worked in Multinational Banks in UAE.
- Previously worked in local banks in UAE.
- Previously worked in Banks of large size if from other countries
Apply
To apply for this job email your details to prerna@searchpoint.ae