Compliance Officer - 1 Year Extendable Contract Role

Overview

Job Description

• Regulatory knowledge – a sound understanding of the legislation, regulation, and codes of practice applicable in relevant jurisdiction, covering financial crime compliance topics, FATCA, CRS and regulatory compliance (including CPR).
• An intimate knowledge and understanding of the financial institution products and services, including their legitimate uses and their laundering vulnerabilities.
• AML systems – basic knowledge of UAT testing, AML typologies, Financial Crime Risk Assessment, Customer Risk Rating methodologies.
• Investigative skills – the ability to research and analyze complex business and regulatory issues, to carry out monitoring and risk assessment reviews.
• Teamwork - facilitate constructive and efficient relations with colleagues, finding common points that make people cooperate.
• Conflict-solving potential - identifies problems in due time, speaks openly about them and has contextualized thinking.
• Ability to communicate effectively and in a clear and concise manner, both orally and in writing, with all levels of the organization
• Pro-active operating - look for the most efficient ways to obtain the requested results, through self-mobilization and quicken the others to reach the requested results.
• Power to persuade and authority – to present convincingly his/her point of view during discussions and negotiations and to be able to exert influence at all levels within the company, in order to be taken seriously as a business partner and hold the respect of the peers.
• High Integrity standards.

Skills

• Minimum 3 years of proved experience in transaction monitoring and/or sanctions screening & payments processing with UAE banks.
• Preference for candidates who have above experience with local UAE banks (ENBD, FAB, CBD, Mashreq, etc.)
• Analytical skills with the ability to make logical and reasoned decisions, problem solving and decision-making skills.
• Ability to conduct root cause analysis, develop solutions and recommendations.
• Business awareness and pragmatism – a good understanding of the market and business in which the company operate, lead to practical solutions being developed and helps to achieve the bank’s strategic objectives.