Job Title: Senior Financial Crime Compliance Consultant - Correspondent Banking

Overview

Job Overview

Key Responsibilities

• Lead the design and end-to-end development of a Financial Crime Compliance framework tailored to correspondent banking activities.
• Assess existing FCC infrastructure and identify gaps against international best practices and regulatory expectations (e.g., FATF, Wolfsberg Group, local UAE regulations).
• Define and implement policies, procedures, and controls to manage FCC risks specific to correspondent banking.
• Advise on the implementation of customer due diligence (CDD) , enhanced due diligence (EDD) , transaction monitoring , name screening , and sanctions compliance procedures.
• Collaborate with internal stakeholders (Compliance, Risk, Legal, Operations, etc.) to ensure the FCC framework is fit for purpose and aligned with the bank's overall risk appetite and business strategy.
• Support the development of a governance model, reporting structures, and key risk indicators (KRIs) for FCC.
• Provide guidance on training and awareness programs related to FCC in the correspondent banking context.
• Ensure the framework is aligned with applicable UAE Central Bank , DFSA , and other relevant international regulatory requirements.
• Prepare documentation for internal review and potential regulatory submission.

Required Experience & Qualifications

• Minimum 10 years of experience in financial crime compliance , with a strong focus on correspondent banking .
• Proven track record of building and implementing FCC frameworks from the ground up.
• In-depth understanding of global FCC standards , including FATF recommendations , Wolfsberg Correspondent Banking Due Diligence Questionnaire (CBDDQ) , Basel Committee guidance, and OFAC / EU / UN sanctions regimes .
• Strong familiarity with the UAE regulatory landscape , including Central Bank of the UAE requirements and regional compliance expectations.
• Experience interacting with regulators and senior executive stakeholders.
• Professional certifications preferred (e.g., CAMS , ICA Diploma , CFCS ).
• Excellent written and verbal communication skills in English.

Ideal Candidate Profile

• Strategic thinker with the ability to translate compliance principles into practical, operational frameworks.
• Self-starter who thrives in fast-paced environments and can work independently with minimal oversight.
• Strong stakeholder engagement skills and cultural awareness, ideally with experience working in the Middle East or GCC region.