Designation : Compliance Manager
Reporting to : General Manager
- 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.