Associate Compliance Manager

Role Description

Key responsibilities

AML/KYC Governance & Client Life-cycle Management

• Oversee end-to-end KYC renewals and on-boarding for all clients, including Enhanced Due Diligence (EDD) for high-risk relationships.
• Monitor and resolve overdue items and exceptions in KYC due diligence workflow promptly.
• Conduct assessment of STR/SAR alerts and coordinate with business units to complete EDD cases.
• Handle sanctions-related transaction screening and retrospective screening alerts.
• Perform sampling and audits of KYCs completed by KYC teams.
• Maintain compliance system parameters(e.g., risk rating and watch-lists) to ensure accuracy.

Head Office Reporting

• Handle and coordinate with the branch to complete related monthly, quaterly and annually report to the Head Office.
• Assist in Compliance system management and communication with relevant Head Office team.

Regulatory Compliance & Reporting

• Serve as Primary responsible for UAE FIU IEMS reports and assist the MLRO in responding to inquiries from regulator.
• Prepare and distribute enforcement case studies to branches and develop quarterly regulatory trend reports.
• Prepare various operational reports to branch management/Head Office.
• Support preparation work of DFSA Annual Return filing and AML Risk Assessments.

Policy, System & Risk Oversight

• Assist in reviewing, updating, and implementing Compliance/AML policies in alignment with DFSA regulations.
• Conduct initial Risk assessment for customers and transactions, escalate to department head.
• Lead remediation of Head Office/Internal Audit findings and implement preventive measures.
• Support optimization of bank systems (Screening tools, case management).

Compliance Committee

• Prepare materials, presentations and minutes, for Quarterly Compliance Committee Meetings.
• Drive ad-hoc initiatives: system enhancements, regulatory gap analyses, and training programs.

Training

• Support preparation work of compliance related training sessions to new employees, business departments.
• Any other responsibility
• assigned by the bank or person in charge of the department from time to time on the basis of requirement.

Qualifications

• Bachelor’s degree in Finance, Law, Business or related field.
• Financial sector experience preferred, banking compliance experience preferred.
• AML/KYC Operations: STR/SAR assessment, EDD, client life-cycle management.
• Risk Governance: Audit remediation, policy implementation, banking businesses compliance reviews.
• Analytical Rigor: Sampling, exception resolution, risk rating validation.
• Project Execution: System optimization, training, gap analysis.
• Fluent English, Mandarin is a must.
• A collaborative mindset towards business and compliance teams.