Job closed
Ref: HP905-67
Job description / Role
Job Purpose:
Ensure that all Bank standards are being met by providing the relevant information to support the Department Head and assist in handling regulatory compliance issues for the bank. The job holder will be required to support the company policies to ensure that they are in line with the Bank’s policies and procedures in order to better protect its reputation. Ensure that all Bank standards are being met by providing the relevant information to support the Department Head and assist in handling regulatory compliance issues for the bank. The job holder will be required to support the company policies to ensure that they are in line with the Bank’s policies and procedures in order to better protect its reputation.
Work Management
• Review, analyze and assess alerts (i.e. suspicious activities / transactions) generated by the AML Monitoring system.
• Review and analyze internal and external referrals for suspicious activity
• Conduct research to evaluate customers and/or activity to determine legitimacy
• Assist AML Investigators and Management in information retrieval and analysis
• Handling any inquiries pertaining to Anti Money Laundering
• Handling any suspicious activities / transactions as per assigned by Senior AML Specialist.
Requirements
Qualifications
• Degree in Law or any Discipline
• Professional certification in Compliance & AML will be added value.
Experience
• 4-5 years of experience of which at least 3 years in banking industry.
• Good understanding of banking concepts and procedures.
• Good understanding of banking operation.
Skills
• Good command of English and Arabic language
• Planning and organizing skills
• Report writing skills.
• Negotiation skills
About the Company
In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.
By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.
Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.