Job Description
About the Role:
We are seeking a seasoned Compliance Officer to join our Dubai team. In this role, you will oversee Know Your Customer (KYC) processes, manage high-risk client onboarding, conduct Enhanced Due Diligence (EDD), and ensure adherence to Anti-Money Laundering (AML) regulations. You will collaborate with business units to develop and implement compliance policies, support regulatory audits, and maintain robust risk management practices.
Responsibilities:
- Conduct comprehensive KYC reviews for individual and corporate clients
- Lead high-risk client onboarding processes from due diligence through approval
- Perform Enhanced Due Diligence (EDD) on politically exposed persons (PEPs) and complex entities
- Maintain and update client risk profiles and risk assessment documentation
- Monitor transactions and escalate suspicious activities per AML procedures
- Develop, review, and implement compliance policies and procedures aligned with UAE and international regulations
- Provide training and guidance to business teams on compliance requirements and best practices
- Liaise with regulatory authorities and respond to compliance audits and inquiries
- Prepare and submit regulatory reports, ensuring accuracy and timeliness
Required Qualifications:
- 3 to 12 years of experience in compliance, AML, or risk management within the financial services industry
- Extensive practical experience with Know Your Customer (KYC) processes
- Demonstrated expertise in high-risk client onboarding
- Proficient in conducting Enhanced Due Diligence (EDD) for PEPs and high-risk relationships
- Certified Anti-Money Laundering Specialist (CAMS) or equivalent accreditation
- In-depth knowledge of UAE and global AML/CFT regulations
- Strong analytical, problem-solving, and attention-to-detail skills
- Excellent verbal and written communication skills in English
Preferred Qualifications:
- Bachelor’s or Master’s degree in Finance, Law, Business Administration, or related field
- Experience working with Middle Eastern regulatory bodies such as DFSA or SCA
- Arabic language proficiency
- Prior experience developing and delivering compliance training programs
- Familiarity with transaction monitoring systems and compliance software
- Advanced certifications such as ICA AML/CTF or ACAMS
Position Details
- Position Title: Compliance Officer
- Location: Dubai, United Arab Emirates
- Industry: Banking / Financial Services / Insurance (BFSI)
- Experience Required: 3+ years
