AML Compliance Assistant

POSITION TITLE

AML Compliance Assistant

• Assisting in the development and implementation of the AML policies and processes within the firm.
• Ensuring that the firm is complying with the existing AML rules and regulations.
• Assessing operational risks and determining the risk level of customers and transactions.
• Providing financial crime compliance advice.
• Detecting any anomalies in transactions or customers.
• Maintaining thorough records of clients’ interactions, due diligence and submitting reports to the concerned authority.
• Reviewing internal controls, processes, and procedures.
• Conducting AML training for employees.
• Conducting periodic internal audits to evaluate the effectiveness of AML policies and procedures.
• Monitoring and reporting suspicious activities and violations.
• Keeping up with the latest AML rules and regulations.

SKILLS AND QUALIFICATIONS

• Bachelor’s degree or higher in Finance, Accounting, Business or Law, or a related field
• Min of 2 years of experience in Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT)
• ACAMS qualification required
• Knowledge of anti-money laundering/anti-terrorism financing regulations and related financial crime legislation/guidelines
• Familiarity with UAE legal and regulatory frameworks for AML/CFT
• Excellent analytical and research skills
• Excellent verbal and written communication skills
• High attention to detail and strong organizational skills
• Ability to work well both independently and as part of a team

Job Type: Full-time