Job Description

Company Description

At RAKBANK

, we are committed to nurturing a culture of innovation, growth, and excellence. We go beyond being a bank - we are a thriving community fueled by teamwork, advanced solutions, and unwavering standards of governance.


As a Senior Compliance Officer - Enhanced Due Diligence your role is to analyze high-risk entities and individuals to identify red flags and potentially suspicious transactions from a financial crimes viewpoint and suitably action the same.


Join us and be a part of shaping the future of RAKBANK!

Quality, timeliness, and accuracy of reviewing high risk entity and individual KYC's. Ensure efficient identification and due diligence in identifying red flags. Obtain documentary proof of suspicious findings and ensure effective record keeping of suspicious transaction identified and reported. Prepare, clear STRsSARs and raise the same in CB-UAE portal. Periodic review of previously on-boarded clients for potential suspicious activity. Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends. Assist in identifying systemic control weaknesses related to EDD. Timely & efficient execution of tasks & instructions received from supervisors.

Qualifications

Bachelor's degree in finance, Business, or a related field. At least 3 to 5 years of experience in compliance role. Strong analytical skills Computer literacy essential (Word, Excel). Understanding of marketplace AML issues, topologies & AML suspicious activity transaction Understanding of banking, payment systems, KYC requirements & and CB-UAE regulations on AML

Additional Information

What's In It for You

Pay for performance culture (Competitive and performance-linked compensation) Diverse workforce and inclusive culture Career development and growth opportunities by design Work with the best minds in the field * Get opportunities to bring your whole self to the organization and perform to your best.