Manager Compliance – AML

Job Details

Designation                                                                           : Compliance Manager

Reporting to                                                                         : General Manager

Compliance Department: 

  • To oversee the functions of Compliance Department from a referral perspective.
  • Support and Lead Bank’s compliance team in implementing Bank’s AML / CFT strategies.
  • Constantly review respective legislation as well the regulations, directives, sanctions issued by the Regulator
  • Develop an effective compliance monitoring program to ensure Banks is adhering to all regulations under FATF, Basel, Wolfsberg, CB circular 24/2000 with respect to AML and Sanctions screening
  • Receive, investigate and assess internal suspicious transaction and ensure reporting to Central Bank
  • To appraise Executive Committee / Board of Directors about major compliance requirements.
  • To keep abreast with all the regulatory requirements, ADX guidelines, SCA guidelines and Federal Laws relating to Banking industry and other regulations those are applicable to Banks in UAE.