Title: Enhanced Due Diligence Manager High Risk Reviews
Location: Dubai, United Arab Emirates
About the Client
Our client, a well established bank in Dubai, is seeking an experienced Enhanced Due Diligence Manager to lead EDD reviews for high-risk customers, ensuring compliance with UAE regulations and international best practices.
Key Responsibilities
- Lead and manage the EDD process for high-risk onboarding, periodic, and event-driven reviews across Corporate, SME, and Retail segments.
- Identify and assess UAE-specific red flags and typologies within high-risk sectors such as gold and precious metals, MSBs, crypto assets, real estate, offshore/free-zone entities, and trading firms.
- Lead thematic reviews as part of the Customer Threat Mitigation workstream to identify and quantify areas of risk and recommend mitigation measures.
- Conduct comprehensive source of wealth and source of funds analysis, UBO mapping, adverse media screening, and site visits as required.
- Prepare and present risk assessment summaries to senior management and relevant governance committees.
- Collaborate closely with Relationship Managers, Sanctions, and FCC Advisory to ensure accurate and timely completion of reviews.
- Document all findings and recommendations within internal systems.
- Oversee the work of EDD support units and provide ongoing mentorship and training to enhance case quality.
- Stay updated on AML/CFT regulations from CBUAE, DFSA, ADGM policies.
- Support periodic audits and regulatory inspections to ensure zero high-severity findings.
Key Requirements
- Minimum 8 years experience in AML, Financial Crime Compliance, or related roles, including at least 3 years in a leadership position focused on EDD or high-risk reviews.
- Strong knowledge of UAE AML landscape, including local red flags, typologies, and enforcement trends.
- Direct experience with CBUAE inspections, goAML reporting, and FCC governance processes.
- Excellent analytical and report-writing skills with the ability to draft detailed EDD narratives and risk summaries.
- Experience with EDD tools such as Fenergo, World-Check, Dow Jones, or equivalents.
- Professional certifications such as CAMS, ICA, or equivalent are preferred.
- Arabic language skills are advantageous but not essential.
