- Oversees the organization's compliance with applicable AML and CTF laws, regulations, and guidelines
- Develop and maintain effective AML/CTF policies, procedures, and controls tailored to the corporate services industry
- Conducting regular internal reviews and audits to assess the effectiveness of the AML/CTF program and identify areas for improvement
- Establish robust transaction monitoring systems and processes to detect suspicious activities promptly
- Establishing and maintaining effective transaction monitoring systems to identify and report suspicious activities
- Review and investigate all breaches, discrepancies and irregular activities and recommend corrective actions
- Prepare AML reports for the management and file reports with the relevant authorities
- Ensure thorough and accurate collection of client identification and verification documents.
- Staying up to date with regulatory changes and ensuring the company's policies and procedures align with the latest requirements
- Providing training to employees on AML/CTF regulations, policies, and procedures
- Establish and maintain company's Internal Blacklist in relation to AML/CFT to ensure that risk exposure is reduced
- Reviewing and, if necessary, escalating suspicious activities to the appropriate authorities, such as financial intelligence units or law enforcement agencies
- Collaborate and communicate effectively to ensure a culture of compliance throughout the organization
- Prepare and submit timely and accurate suspicious activity reports (SARs) to the relevant authorities as required
Requirements
- Degree qualified
- DIFC/ADGM experience is mandatory
- Minimum 5 years experience as compliance officer role within the corporate services industry
- Certification such as Certified Anti-Money Laundering Specialist (CAMS) is mandatory
- Thorough knowledge of UAE/KSA tax laws, regulations, and compliance requirements
- Should have excellent interpersonal, oral, and written communication skill
Benefits
- Performance-based bonuses & participate in profit share scheme
- Eligibility to be part of CBC equity plan
- Access to CBC Academy to learn, develop and grow with the organization
- Attractive salary package, commission structure & exclusive discounts
- Training & development opportunities
- Extra annual leave for 2+ years of commitment
- VIP access to networking events
- Excellent health package & additional benefits
- Team building & social activities
- Opportunity to work with industry leaders
Please send your resume to [Confidential Information]
