Job Description

Job Objective:

Responsible to oversee, plan, implement and monitor the compliance program and Anti Financial Crime Framework in order to improve overall performance of the company. The Head of Compliance must also encourage business conduct by and for the company based on responsibility and ethical behavior.

Be responsible to maintain honesty, integrity and transparency throughout the business activities. Ensure that a robust and independent compliance function is established and maintained. Design an appropriate Regulatory compliance program to remain compliant with applicable Laws, Regulations, Notices, the Standards, and international best practice at all times. Research compliance objectives accurately and reliably and translate them into business objectives that can be captured in a sound business process Establish and maintain appropriate Anti Financial Crime policies, procedures, processes and controls. Conduct thorough risk assessments to identify potential compliance vulnerabilities and prioritize mitigation strategies. Ensure day-to-day compliance of the business against internal Anti Financial Crime policies and procedures. Develop, review, and update company policies and procedures to align with legal and regulatory requirements. Act as key contact point regarding all Anti Financial Crime related matters/ queries from the Central Bank and any other competent authorities. Investigate potential compliance violations, conducting thorough root cause analyses, and implementing corrective actions. Supervise the process of receiving suspicious transaction alerts from employees and their analyses to take appropriate decisions to report all suspicious cases to the FIU. Supervise on-going monitoring of transactions to identify high-risk, unusual, and suspicious customers/transactions. Ensure submission of Suspicious Transaction Reports to the FIU in a timely manner Preparation and submission of various CBUAE reports. (e.g., MLRO report, IEMS & data collection) in a timely manner. Co-operate with and provide the FIU with all information it requires for fulfilling their obligations Develop and execute Anti Financial Crime training programs considering all relevant risks of ML/FT and financing illicit organizations including the ways/means for addressing them Provide necessary reports to the Compliance Committee and Board of Directors on all AML/CFT issues on a regular basis. Supervise the process to retain all necessary supporting documents for transactions, KYC, monitoring, suspicious transaction reporting and AML training for the minimum period for record retention. Supervise the process of conducting regular gap analysis between the company's existing AML/CFT Procedures and current Laws, Regulations, Notices, and the Standards of the UAE to determine the extent of the company's level of compliance. Propose actions required to address gaps, if any. Execute and monitor appropriate customer/transaction screening mechanism against relevant sanction lists including the supervision of internal sanction list management.

Education

Post Graduate Degree Certified Anti-Money Laundering Specialist (CAMS) certification.

Experience

A minimum of 5 to 10 years of experience in compliance, regulatory, or legal roles, preferably within an exchange house, serving as a Compliance Officer or Alternate Compliance Officer (ACO).

Competences

Knowledge of AML Laws and Regulation / FATF Recommendations of Central Bank of UAE. Strong analytical skill to understand the complexities of procedures and regulation. Investigative and decision-making skills. Excellent communication skills. Strong ethics and a high level of personal and professional integrity. Ability to work independently and to liaise with other departments.
Job Type: Full-time

Application Deadline: 18/07/2025