JOB SUMMARY:
This role involves understanding and navigating complex regulatory landscapes, building and managing relationships with clients and regulatory authorities, and driving growth by ensuring that the company\'s products or services align with applicable compliance requirements. To ensure that the Company and clients are in compliance with its outside regulatory and legal requirements as well as internal policies and bylaws.\xe2\x80\xafTo work with management and staff to identify and manage regulatory risk, design or update internal policies to mitigate the risk of the company breaking laws and regulations and lead internal audits of procedures and ensure that the organization complies with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations and maintains a robust AML/CTF program. ROLES AND RESPONSIBILITIES: Conduct comprehensive assessments of the organization\'s compliance requirements by staying up-to-date with relevant laws, regulations, and industry standards.
\xef\xbb\xbfBuild and maintain strong relationships with existing and potential clients, understanding their specific compliance needs and offering tailored solutions.
\xef\xbb\xbfPrepare and present compelling proposals to clients that outline the benefits of the company\'s compliance-related services or products.
\xef\xbb\xbfEstablish and maintain relationships with regulatory authorities, attend industry conferences, and participate in regulatory forums to stay informed about upcoming changes in compliance regulations.
\xef\xbb\xbfCollaborate with cross-functional teams, including legal, marketing, and sales, to ensure alignment in compliance-related messaging and strategies.
\xef\xbb\xbf Develop goals and objectives that tend to growth and prosperity.
\xef\xbb\xbfEnsure that the company has the adequate and suitable resources to complete its activities (e.g. people, material, equipment etc.).
\xef\xbb\xbfOrganize and coordinate operations in ways that ensure maximum productivity.
\xef\xbb\xbfSupervise the work of employees and provide feedback and counsel to improve efficiency and effectiveness.
\xef\xbb\xbfMaintain relationships with partners/vendors/suppliers.
\xef\xbb\xbfGather, analyze and interpret external and internal data and write reports.
\xef\xbb\xbfAssess overall company performance against objectives.
\xef\xbb\xbfRepresent the company in events, conferences etc.
\xef\xbb\xbfEnsure adherence to legal rules and guidelines.
\xef\xbb\xbfConduct seminars and Webinars.
\xef\xbb\xbfDeveloping and implementing AML and compliance policies and procedures: Responsible for creating and maintaining policies and procedures that ensure adherence to relevant laws, regulations, and industry best practices related to anti-money laundering and compliance.
\xef\xbb\xbfConducting risk assessments: The officer performs regular risk assessments to identify potential areas of vulnerability and develops strategies to mitigate those risks. This includes assessing the organization\'s exposure to money laundering, terrorist financing, fraud, and other compliance-related risks.
\xef\xbb\xbfMonitoring and surveillance: The officer monitors transactions, customer activities, and internal processes to detect and investigate suspicious activities. This involves analyzing data, conducting investigations, and reporting any findings or concerns to the appropriate authorities.
\xef\xbb\xbfTraining and education: The officer develop and delivers training programs to educate employees on AML and compliance policies, procedures, and regulations. This ensures that the staff is aware of their responsibilities and understands how to identify and report suspicious activities.
\xef\xbb\xbfInternal and external reporting: The officer prepares and submits regular reports to senior management, regulatory agencies, and other relevant stakeholders. These reports provide updates on the organization\'s compliance efforts, suspicious activity reports, and any required regulatory filings.
\xef\xbb\xbfMaintain appropriate records of AML/CTF activities, transactions, and customer due diligence efforts, as required by regulations.
\xef\xbb\xbfImplement systems and processes to monitor transactions for unusual or suspicious patterns and report such activity as needed.
\xef\xbb\xbfServe as the point of contact for regulatory authorities and law enforcement agencies in matters related to AML/CTF, responding to requests for information, and cooperating in investigations.
\xef\xbb\xbfImplement measures to mitigate AML/CTF risks, including restricting or terminating relationships with high-risk customers or business partners.
\xef\xbb\xbfCompliance audits and examinations: The officer coordinates and participates in internal and external audits and examinations to ensure compliance with applicable laws and regulations. They work closely with auditors and examiners to provide necessary documentation and address any findings or recommendations.
\xef\xbb\xbfDue diligence and customer screening: The officer oversees the process of conducting due diligence on new and existing customers to assess their risk profile. This involves screening customers against various watchlists, conducting enhanced due diligence for high-risk customers, and monitoring customer accounts for suspicious activities.
\xef\xbb\xbfLiaising with regulatory bodies: The officer serves as the primary point of contact for regulatory agencies and authorities. They communicate and cooperate with these entities on matters related to AML and compliance, respond to inquiries, and assist in regulatory examinations or investigations.
\xef\xbb\xbfStay updated on regulatory changes: The officer stays informed about the latest developments in AML laws, regulations, and industry trends. They assess the impact of regulatory changes on the organization and make necessary adjustments to policies and procedures to ensure ongoing compliance.
\xef\xbb\xbfInternal controls and remediation: The officer assesses the effectiveness of the organization\'s internal controls and implements remedial actions where necessary. This includes identifying control gaps, implementing corrective measures, and enhancing internal control frameworks to prevent money laundering and compliance violations.
\xef\xbb\xbfDocument typing, proofing, amending (including track changes) and formatting documents as required.
\xef\xbb\xbfMaintenance of statutory records.
\xef\xbb\xbfMaintenance of statutory books including registers of members, directors and shareholders.
\xef\xbb\xbfMaintenance of minutes, files, correspondence and reports.
\xef\xbb\xbfTo supports business areas in their duty to comply with relevant laws and regulations and internal procedures.
\xef\xbb\xbfIf any government regulation introduced applicable to the organization would the responsibility of the officer to comply under AML/CFT/PF.
\xef\xbb\xbfEstablish procedures for the identification, reporting, and investigation of suspicious transactions, and, if necessary, file suspicious activity reports (SARs) with relevant authorities.
Management may require the assignment of additional projects and/or tasks to the job holder according to functional needs. SKILLS & EDUCATIONAL QALIFICATIONS: Qualified graduate preferably law qualified.
\xef\xbb\xbfAML certified.
\xef\xbb\xbfUnyielding commitment to ethics & high personal integrity and impeccable professional ethics.
\xef\xbb\xbfAbility to communicate effectively and inspire confidence in teams, executive management, and peers.
\xef\xbb\xbfMust have strong attention to detail.
\xef\xbb\xbfGood communication skill. Job Type: Full-time Salary: AED5,000.00 - AED12,000.00 per month Ability to Commute:

• Dubai (Required)

Ability to Relocate:

• Dubai: Relocate before starting work (Required)