Head of Compliance

Position Title: Head of Compliance – Islamic Bank

Employment Type: Full Time

Salary: depending on experience and qualifications

Benefits: Allowance for self, family medical insurance and annual air ticket for self and family.

Job Location: Dubai

About the Client:

One of the leading global institutions with strong regional presence across the UAE & Bahrain, known for driving innovation in Islamic and corporate banking.

Job Description:

• Lead and provide overall oversight of the Bank's Compliance and AML/CFT function across UAE operations, ensuring adherence to CBUAE regulations, UAE Federal Laws and international standards.
• Serve as the Bank's designated Compliance Officer and MLRO, acting as the primary liaison with CBUAE, FIU and other regulatory authorities.
• Oversee the complete AML/CFT framework, including CDD/EDD, transaction monitoring, sanctions screening, correspondent banking controls and SAR/STR reporting.
• Advise Senior Management and the Board on regulatory developments, emerging compliance risks and remediation, while managing regulatory inspections and maintaining relationships with regulators and auditors.
• Lead the Compliance team and overall compliance program, including regulatory change, investigations, QA/assurance, risk assessments, annual compliance planning, training and Board reporting.

Qualifications:

• Bachelor's or Master's degree, preferably in Finance, Accountancy, Law or Commerce; With minimum 12 years experience in Banking Compliance and AML/CFT within a regulated financial institution.
• Must have strong expertise in CBUAE regulations, UAE AML/CFT requirements, sanctions, regulatory reporting and financial crime compliance, with proven regulatory engagement and inspection/remediation experience.
• With proven senior leadership experience managing Compliance teams and senior stakeholders, with the ability to engage effectively with regulators, Board members and Senior Management.
• ACAMS certification required; additional ICA, CFCS or other recognized compliance qualification is advantageous

How to Apply:

Send your CV in word format to: HRJOBZ2020 AT GMAIL DOT COM and use Head of Compliance – Islamic Bank as email subject.