: Anti-Money Laundering (AML) Compliance Officer Position Overview:We are seeking a highly skilled and motivated Anti-Money Laundering (AML) Compliance Officer to join our team. The AML Compliance Officer will play a critical role in ensuring our organization\'s adherence to AML and financial crime regulations. The successful candidate will be responsible for developing and implementing robust AML compliance programs, conducting thorough investigations, and collaborating closely with cross-functional teams to mitigate financial risks associated with money laundering and other illicit activities. Key Responsibilities: AML Program Development:Design, implement, and manage the organization\'s AML compliance program.
Develop policies, procedures, and controls that align with relevant regulations and industry best practices.
Stay up-to-date with changes in AML regulations and incorporate them into the compliance program as needed. Risk Assessment and Monitoring:Conduct regular risk assessments to identify potential areas of vulnerability to money laundering and financial crimes.
Implement ongoing monitoring mechanisms to detect and report suspicious activities promptly.
Analyze and interpret transactional data to identify anomalies and patterns indicative of money laundering or other illicit activities. Customer Due Diligence (CDD):Ensure effective implementation of customer due diligence processes, including KYC (Know Your Customer) procedures.
Verify the identity of customers, assess risk levels, and determine the appropriate level of due diligence required for each customer type. Suspicious Activity Reporting:Investigate and analyze transactions or customer behaviors that raise suspicions of money laundering or financial crimes.
Prepare and file Suspicious Activity Reports (SARs) with relevant regulatory authorities as necessary. Training and Awareness:Conduct AML training sessions for employees at all levels to ensure a comprehensive understanding of AML policies and procedures.
Foster a culture of compliance and vigilance against money laundering and financial crimes. Collaboration and Communication:Collaborate with internal departments, such as legal, risk, and operations, to ensure a holistic approach to AML compliance.
Communicate effectively with external partners, regulators, and law enforcement agencies as needed. Record Keeping and Documentation:Maintain accurate and organized records of AML activities, investigations, and compliance efforts.
Prepare regular reports for senior management and regulatory authorities. Qualifications and Requirements:

• Bachelor\'s degree in finance, law, business, or a related field; relevant certifications (e.g., CAMS, CFE) are a plus.
• Strong understanding of AML regulations, including the Bank Secrecy Act (BSA) and related international standards.
• Proven experience (X years) in AML compliance within the financial services industry.
• Excellent analytical skills with the ability to interpret complex financial data.
• Detail-oriented mindset with strong investigative and problem-solving capabilities.
• Exceptional communication skills, both written and verbal.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proficiency in relevant AML compliance software and tools.
• High ethical standards and a commitment to maintaining confidentiality.
• Familiarity with technological advancements and their potential impact on AML compliance (e.g., blockchain, cryptocurrencies) is a plus.

Job Type: Full-time Salary: AED2,500.00 - AED4,500.00 per month Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Preferred)

Experience:

• AML Compliance: 1 year (Required)