Job Description
Hiring for Compliance Specialist – Leading Bank in UAE
We are hiring a Compliance Specialist for a leading bank in UAE. The role is responsible for ensuring adherence to AML, KYC, and CFT regulations, conducting due diligence, and reporting suspicious activities.
Responsibilities
Regulatory Compliance & Risk Management
- Ensure the bank complies with UAE laws, CBUAE (Central Bank of UAE) regulations, and international AML/CFT guidelines.
- Implement and enhance KYC, AML, CFT, and due diligence policies.
- Provide guidance to internal teams on compliance-related matters.
KYC, AML, & Customer Due Diligence (CDD/EDD)
- Conduct KYC verification for individual and corporate clients, ensuring compliance during onboarding.
- Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for high-risk accounts.
- Monitor client transactions for suspicious activity and escalate red flags as needed.
Transaction Monitoring & Reporting
- Identify and investigate unusual transactions related to fraud, money laundering, and financial crime.
- Prepare and submit Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs) to regulatory authorities.
- Ensure timely compliance reporting and support internal/external audits.
Qualifications & Skills Required
- 3-5 years of banking experience in AML compliance, with at least 1-2 years in transaction monitoring.
- Strong knowledge of CBUAE regulations, FATF guidelines, and UAE compliance frameworks.
- Certified Anti-Money Laundering Specialist (CAMS) or equivalent certification preferred.
- Excellent analytical, risk assessment, and regulatory reporting skills.
- Ability to work independently and collaborate with compliance, risk, and legal teams.
Why Join Us?
- Work with a leading UAE bank in a high-impact compliance role.
- Competitive salary (AED 7,000 – 9,000) and contract extension possibilities.
- Gain hands-on experience in regulatory compliance, transaction monitoring, and AML/CFT risk assessment.
How to Apply
Interested candidates can send their CV with the subject “Compliance Specialist”.
