Anti-Money Laundering Reporting Officer - Dubai, United Arab Emirates - Upfront HR

Description

• Implement, maintain, and continuously enhance company AML policies, procedures, and controls to align with local regulations.
• Investigate and document unusual or suspicious transactions escalated from the global team.
• Prepare and submit Suspicious Activity Reports (SARs).
• Work closely with the global team to review and ensure escalated transaction monitoring alerts are in line with regulatory requirements.
• Provide AML training and awareness programs to ensure employees are current on AML regulations, policies, and procedures.
• Conduct risk assessments and stay informed about emerging AML risks in the financial industry.
• Develop effective strategies to mitigate identified risks.
• Stay abreast of regulatory changes and ensure timely, accurate reporting to relevant government agencies.
• Collaborate with internal and external auditors to facilitate AML audits and reviews.
• Address identified deficiencies and ensure corrective actions are taken.
• Maintain comprehensive records of AML activities and reports for accessibility during audits and investigations.
• Build trust with key partners and stakeholders, serving as a point of contact for important shareholders.
• Maintain a deep understanding of the markets and industry relevant to the company.
  
  

• Bachelor's degree in Business Administration, Finance, or equivalent.
• Demonstrate a proven track record in the financial services sector.
• Minimum of 5 years relevant experience in dealing with retail clients, particularly in similar financial products.
• Exhibit experience in establishing working relationships with Regulators.
• Capable of advising Group colleagues on intricate regulatory issues.
• Display expertise in successfully managing multiple projects concurrently.
• Able to work effectively within short timelines in a dynamic, fast-paced environment.