Compliance Officer - UAE National

Job Description

A reputable and well-established bank is actively recruiting a compliance officer for their team in Umm Al Quwain.

Please note that due to Emiratization, only UAE nationals can be considered for this role.

Please note that you must meet all the criteria set out below for your application to be considered. Suitable candidates will be contacted within 5 working days. If you are not contacted by us within that time, please consider your application unsuccessful on this occasion.

Main Responsibilities

• Implement comprehensive compliance policies and procedures that align with local and international regulations.
• Monitor and assess the organization's compliance with applicable laws, regulations, and internal policies.
• Conduct regular compliance audits and risk assessments to identify areas of non-compliance and recommend corrective actions.
• Provide guidance to employees on compliance-related matters.
• Collaborate with internal departments to ensure compliance requirements are integrated into business processes and systems.
• Investigate and resolve compliance issues, incidents, or breaches, and implement measures to prevent their recurrence.
• Prepare and submit regulatory reports and filings accurately and within specified deadlines.
• Conduct periodic compliance risk assessments and assist in the development and execution of compliance monitoring programs.
• Participate in internal and external compliance audits, providing necessary documentation and support.

Requirements

• Please note that due to Emiratization, only UAE nationals can be considered for this role.
• At least 3 to 5 years of work experience in transaction monitoring, sanctions screening, and payments processing and/or regulatory compliance within the banking industry in the UAE. Local bank experience is a plus.
• In-depth knowledge of regulatory requirements and frameworks covering financial crime compliance, FATCA, CRS, and regulatory compliance.
• Knowledge of AML and sanctions compliance regulations.
• Excellent analytical and problem-solving skills with meticulous attention to detail.
• Excellent verbal and written communication skills in English and Arabic.
• Applicants should be available for face-to-face interviews in the location mentioned above.

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