Job Description

Company Description

CVML is an independent law firm founded in Paris in 2003 that expanded with the launch of its DIFC - Dubai office in 2011 to service its Middle East-based clients. CVML has a multilingual and multidisciplinary team that possesses unrivaled knowledge of local laws and regulations. They advise both companies and individuals on many areas such as International Dispute Resolution, Litigation Strategy & Management, Regulatory & Compliance, Finance & Capital Markets, Data Privacy & Cybersecurity, Employment, Corporate Structuring, Commercial Contracts, Real Estate & Hospitality, TMT, and Mergers & Acquisitions. CVML's Dubai office is regulated by the Dubai International Financial Centre.

Role Description

This is a full-time, Assistant Anti-Money Laundering Compliance Officer position, located on-site in Dubai, United Arab Emirates. The Assistant Anti-Money Laundering Compliance Officer will work closely with the Anti-Money Laundering Compliance team to help identify, assess, and mitigate money laundering and terrorist financing risks. Additionally, the Assistant Anti-Money Laundering Compliance Officer will conduct research and assist in critically analyzing client transactions based on existing national and international regulatory and legal frameworks.

POSITION TITLE

Assisting in the development and implementation of the AML policies and processes within the firm. Ensuring that the firm is complying with the existing AML rules and regulations. Assessing operational risks and determining the risk level of customers and transactions. Providing financial crime compliance advice. Detecting any anomalies in transactions or customers. Maintaining thorough records of clients' interactions, due diligence and submitting reports to the concerned authority. Reviewing internal controls, processes, and procedures. Conducting AML training for employees. Conducting periodic internal audits to evaluate the effectiveness of AML policies and procedures. Monitoring and reporting suspicious activities and violations. Keeping up with the latest AML rules and regulations.

Skills and Qualifications

Bachelor's degree or higher in Finance, Accounting, Business, or a related field Min of 2 years of experience in Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT) ACAMS qualification required Knowledge of anti-money laundering/anti-terrorism financing regulations and related financial crime legislation/guidelines Familiarity with UAE legal and regulatory frameworks for AML/CFT Excellent analytical and research skills Excellent verbal and written communication skills High attention to detail and strong organizational skills Ability to work well both independently and as part of a team
Job Type: Full-time