.
Review, analyze, and respond to feedback from CBUAE on submitted reports, ensuring timely and accurate responses.
Maintain and update documentation to ensure all reports meet the highest standards of regulatory compliance.
2. Transaction Monitoring & Investigation:
Transaction Monitoring
:
Conduct continuous monitoring of
financial transactions
to detect
suspicious activity
,
fraud
, or
non-compliance
with
AML/CFT regulations
.
Investigate suspicious transactions and escalate cases as needed, preparing detailed
Suspicious Transaction Reports (STRs)
for submission to the relevant authorities.
Ensure that all
transaction monitoring
systems are up to date, including conducting regular tests and improvements.
3. Client Onboarding & KYC/AML Compliance:
Client Onboarding
:
Oversee the
client onboarding process
, ensuring that all KYC requirements are properly completed and documented for new clients.
Conduct thorough
due diligence checks
on clients, including
background screening
,
source of funds
, and
risk profiling
.
Maintain accurate and complete client records in accordance with regulatory requirements.
4. Internal Audits & Risk Management:
Internal Audits
:
Lead and assist in
internal audits
of compliance and operational processes to ensure adherence to CBUAE regulations and company policies.
Prepare and submit
audit reports
, addressing findings and ensuring proper follow-up and remediation.
Risk Management
:
Identify and assess potential
compliance risks
, and work proactively to implement controls and mitigation strategies.
Provide regular risk assessments and update senior management on risk levels and mitigation plans.
5. Compliance Monitoring & Support:
Compliance Oversight
:
Collaborate with senior compliance staff to monitor and ensure that internal controls are in place and functioning as intended.
Assist in maintaining an effective
compliance framework
across all operations.
Provide guidance on compliance matters to internal departments, especially related to transaction monitoring, KYC, internal audits, and risk mitigation.
6. Regulatory Liaison & Reporting:
CBUAE Communication
:
Act as a key liaison with the
CBUAE
for all compliance-related matters.
Respond promptly to
CBUAE queries
and ensure smooth communication regarding reports, audits, and other regulatory matters.
7. Other Ad-Hoc Duties:
Support the development of
compliance training programs
for staff.
Stay current with
CBUAE regulations
,
AML/CFT
best practices, and relevant
compliance trends
.
Assist with any other compliance-related tasks as requested by management.
Job Type: Full-time
Experience:
Compliance in Exchange House: 3 years (Required)
Language: