Job Description

Job Title: Compliance Officer

Company: AGK FIRST FZCO

Location: Dubai, UAE

Employment Type: Full-time

About Us:

We are a UAE-based gold trading company with a strong focus on regulatory integrity, transparency, and risk management. Operating in a high-risk sector, we are committed to implementing stringent compliance standards. We are seeking a Compliance Officer with a strong background in KYC, CDD, and EDD due diligence, particularly in relation to high-risk jurisdictions, politically exposed persons (PEPs), and trade-based money laundering.

Key Responsibilities:

Lead the end-to-end onboarding process for clients and suppliers, including in-depth KYC, CDD, and EDD reviews, source of funds/wealth verification, and ongoing monitoring.

Assess ownership structures (including complex or layered corporate setups), verify UBOs, and review adverse media and sanctions exposure.

Identify and assess ML/TF risks related to gold sourcing, transportation, and counterparties, particularly from high-risk or non-cooperative jurisdictions.

Maintain and regularly update client risk profiles, and escalate high-risk cases to senior management and external consultants where necessary.

Monitor transactions for red flags or deviations from expected behavior, and prepare Suspicious Transaction Reports (STRs) where applicable.

Ensure compliance with UAE AML/CFT laws, DMCC guidelines, and international best practices (FATF, OFAC, EU sanctions, etc.).

Coordinate with external consultants, auditors, and regulatory bodies (e.g., MOE, FIU, DMCC).

Provide internal training and periodic updates on evolving risks and regulatory requirements.

Requirements:

Bachelor's degree in Law, Finance, Business, or a related field.

At least 2-3 years' experience in compliance roles with a focus on high-risk client due diligence; experience in gold or commodities trading is an advantage.

Proven track record in handling onboarding of clients from complex or sensitive jurisdictions.

Deep understanding of AML/CFT frameworks, beneficial ownership verification, and KYC automation tools (e.g., ComplyDigi etc.).

Strong analytical, investigative, and documentation skills.

Excellent English communication is an asset.

Job Type: Full-time