MLRO

Role Purpose

AML/CFT Compliance Oversight

• Support implementation and maintenance of the firm’s AML/CFT policies, procedures, systems, and controls.
• Assist in ensuring compliance with:

• FSRA AML Rulebook

• UAE AML Laws and Regulations
• Sanctions and financial crime obligations

Transaction Monitoring & Investigations

• Review transaction monitoring alerts, unusual activity reports, and financial crime escalations.
• Conduct AML investigations and support suspicious activity assessments.
• Escalate material concerns to the Head of Compliance where appropriate.

Suspicious Activity Reporting

• Support preparation and filing of Suspicious Activity Reports (SARs/STRs) where required.
• Maintain records relating to AML investigations and regulatory reporting.

KYC & Customer Due Diligence

• Oversee onboarding reviews and customer due diligence (CDD/EDD) processes.
• Review high-risk clients, PEPs, sanctions hits, and adverse media findings.
• Ensure periodic KYC reviews are conducted in line with regulatory requirements.

Regulatory & Compliance Support

• Assist with regulatory inspections, audits, and information requests.
• Support preparation of compliance reports and AML metrics for management and regulators.
• Monitor regulatory developments and recommend control enhancements.

Training & Awareness

• Support AML/CTF training initiatives across the organization.
• Promote awareness of financial crime risks and compliance obligations.

Governance & Risk Management

• Assist in conducting AML risk assessments and control testing.
• Support implementation of remediation actions arising from audits, reviews, or regulatory findings.
• Maintain AML documentation and governance records.

Experience

• Typically 5–10+ years of experience within: AML/Compliance, Financial crime compliance, Banking/Fintech, Regulated financial institutions
• Prior FSRA, DIFC, Central Bank UAE, or international regulatory exposure preferred.

Technical Knowledge

• Strong understanding of:
• AML/CFT frameworks, Sanctions compliance, KYC/CDD/EDD, Transaction monitoring systems, Financial crime typologies, Regulatory reporting obligations

Qualifications

• CAMS / ICA / ACAMS certification preferred
• Degree in Law, Finance, Compliance, Risk, or related field
• Understanding of FSRA AML Rulebook and UAE AML regulations preferred