Title: Assistant Manager - AML Compliance (Trade-Based Money Laundering) (12 Month Contract)
Location: Dubai
About the Client
Our client, a reputable bank in Dubai, is seeking a detail-oriented and experienced Assistant Manager - AML Compliance specializing in Trade-Based Money Laundering (TBML) on a 12-month contract basis. The successful candidate will be responsible for monitoring trade transactions, identifying TBML risks, and supporting AML compliance policies to mitigate financial crime risks related to trade finance.
Key Responsibilities
- Conduct trade transaction monitoring and investigations to detect trade-based money laundering schemes.
- Assess and analyse trade finance documentation, including letters of credit, invoices, and bills of lading, for compliance risks and suspicious activities.
- Support the development, review, and implementation of AML policies and procedures focused on trade finance and TBML risks.
- Collaborate with internal teams to ensure effective risk mitigation and regulatory compliance in trade finance operations.
- Prepare reports and assist with regulatory examinations related to AML and TBML compliance.
Key Requirements
- Bachelor's degree in Finance, Banking, Law, or related discipline.
- Minimum 3-5 years of experience in AML compliance with a focus on trade finance and TBML.
- Strong understanding of trade finance products, AML regulations, and trade-based money laundering typologies.
- Experience with transaction monitoring and investigative techniques related to TBML.
- Relevant AML certifications such as CAMS or equivalent are highly preferred.
- Excellent analytical skills, attention to detail, and the ability to work collaboratively across teams.
