Specialist- FZ Compliance

Overview

• The role supports the completeness, accuracy, and timely processing of compliance checks, contributing to service efficiency, regulatory adherence, risk mitigation, and overall investor/customer satisfaction.
• Responsibilities: Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for new and existing customers during company incorporation, licensing, renewals, amendments, and other service touchpoints in line with UAE AML/CFT laws and Free Zone regulations.
• Perform ongoing monitoring activities including batch screening, periodic KYC refresh, event-driven reviews, and verification of Ultimate Beneficial Owner (UBO) information.
• Conduct sanctions and watchlist screening against UAE Local Terrorist List, UN sanctions lists, and other relevant international databases.
• Collect, review, and compile screening findings and supporting documentation for submission to the Compliance Manager for review and approval, particularly for higher-risk profiles (e.g., PEPs, complex structures, offshore entities, non-resident customers).
• Ensure customer risk ratings are accurately recorded in systems and updated when required, with appropriate supporting rationale.
• Assist in responding to compliance-related inquiries from regulators (e.g., Ministry of Economy / NER Team), Free Zone authorities, and internal stakeholders within stipulated timelines, while maintaining proper tracking logs.
• Support the manager in coordination with government authorities and internal departments regarding approvals, NOCs, or exception cases.
• Liaise with internal departments to ensure completion of compliance-related dependencies (e.g., compliance clearance prior to license issuance, updates following inspection findings, UBO form updates).
• Assist in responding to compliance-related inquiries from regulators (e.g., Ministry of Economy / NER Team), Free Zone authorities, and internal stakeholders within stipulated timelines, while maintaining proper tracking logs.
• Support the manager in coordination with government authorities and internal departments regarding approvals, NOCs, or exception cases.
• Liaise with internal departments to ensure completion of compliance-related dependencies (e.g., compliance clearance prior to license issuance, updates following inspection findings, UBO form updates).
• Prepare compliance summaries, screening reports, and risk reports for management as required.
• Support the preparation of customer warning and penalty lists based on inspection findings and assist in tracking escalation timelines.
• Maintain accurate, up-to-date KYC records and ensure proper documentation, archiving, and record retention for governance, audit, and regulatory purposes.
• Assist in circulating regulatory updates, guidance, and internal compliance communications as directed by management.
• Qualifications: Bachelor’s degree in Business Administration, Business Intelligence,
• Data Analytics , Law, a related field (or equivalent experience).
• Foundational knowledge of AML/CFT, KYC, and sanctions
• compliance principles.
• Awareness of UAE AML/CFT regulatory framework and Free Zone
• compliance requirements is an advantage.
• Good working knowledge of MS Office and compliance/screening
• systems.
• #LI-DNI