Compliance & Aml Reporting Officer Dubai Branch
Dubai, United Arab Emirates
Job Description
Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the development of Companies and gives an important sustain to the country\'s growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,000 branches and 7.2 million customers in 12 countries. Intesa Sanpaolo is also present in 25 countries in support of its corporate customers\xe2\x80\x99 cross-border business. It is looking for new qualify profiles who want to face demanding and challenging career path with the following requirements:
Scope and Purpose
- Support the Head of Compliance & MLRO in verifying that the Branch has all necessary internal processes and procedures that meet the objective of preventing violation of the regulations which apply to the Dubai Hub Branch;
- Assist in the identification of rules and regulations on an ongoing basis and assess applicability in relation to the Branch;
- Assist with monitoring and providing assurance that internal compliance policies and procedures are complied with;
- Assess the compliance of all innovative projects/products, anticipating and managing conflicts of interest;
- Participate in ensuring compliance by the Branch with local laws and regulations in force concerning anti-money laundering and counter-terrorist financing and the handling of sanctions and embargoes and arrange accordance with the competent corporate units, appropriate initiatives with regard to any identified gaps/issues; and
- Support the Head of Compliance & MLRO in coordinating branch staff focus on the financial crime risk in individual business areas.
- Support the Head of Compliance & MLRO in carrying out compliance risk management with a view to prevention and ensuring first and foremost that external regulations are constantly monitored and adequately translated into internal guidelines, processes and procedures.
- Performing the daily compliance & AML activities assigned.
- Supporting in the prior compliance & AML assessment of all innovative projects/products.
- Provide support to ensure the adequacy and application of internal processes and procedures in accordance with external and internal regulations by the business and corporate units.
- Perform operational activities in connection with legally required activities and preparing reports and communications.
- Prepare periodic reports concerning the adequacy of the compliance policies and mechanisms.
- Support in assessing transactional due diligence processes and take actions based on the assessment outcomes.
- Support in reviewing the establishment or the maintenance of new/existing business relationships.
- Support the MLRO to ensure that all staff are aware of their personal obligations and the Company\'s policies and procedures and that the basis for the risk-based approach of Intesa Sanpaolo is understood and applied.
Required Experience
Minimum 5 years of Compliance/AML experience either in banks/local regulators;
Required Qualifications, Skills and Knowledge
- Bachelor\'s degree in law, finance, business administration, economics and/or related experience
- Knowledge of external rules and regulation appropriate for the activities of the Branch
- Knowledge of compliance risk, trends and techniques
- Positive attitude towards colleagues and the organisation to ensure seamless communication
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Job Detail
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Job IdJD1506448
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned