Associate Compliance Manager/Compliance Manager

The role will oversee the bank's AML/KYC framework and regulatory compliance activities with a focus on supporting wholesale banking operations.

Key Responsibilities

1. AML/KYC Governance & Client Life-cycle Management

• Oversee end-to-end KYC renewals and onboarding for all clients, including Enhanced Due Diligence(EDD) for high-risk relationships.
• Monitor and resolve overdue items and exceptions in KYC due diligence workflow promptly.
• Conduct assessment of STR/SAR alerts and coordinate with business units to complete EDD cases.
• Handle sanctions-related transaction screening and retrospective screening alerts.
• Perform sampling and audits of KYCs completed by KYC teams.
• Maintain compliance system parameters(e.g., risk rating and watch-lists) to ensure accuracy.

2. Regulatory Compliance & Reporting

• Serve as the Primary responsible for UAE FIU IEMS reports and assist the MLRO in responding to inquiries from regulators.
• Prepare and distribute enforcement case studies to branches and develop quarterly regulatory trend reports.
• Prepare various operational reports for branch management/Head Office.
• Support the preparation work of the DFSA Annual Return filing and AML Risk Assessment.

3. Policy, System & Risk Oversight

• Assist in reviewing, updating, and implementing Compliance/AML policies in alignment with DFSA regulations.
• Conduct initial Risk assessment for customers and transactions, and escalate to the department head.
• Lead remediation of Head Office/Internal Audit findings and implement preventive measures.
• Support optimization of bank systems( Screening tools, case management).

4. Compliance Committee

• Prepare materials, presentations, and minutes for Quarterly Compliance Committee Meetings.
• Drive ad-hoc initiatives: system enhancements, regulatory gap analyses, and training programs.

5. Training

• Support the preparation work of compliance-related training sessions for new employees, business departments.

Qualifications

1. Bachelor's degree in Finance, Law, Business, or related field.
2. Over 3 years of financial sector experience, with banking compliance experience preferred.
3. Knowledge of AML/KYC operations, including STR/SAR assessment, EDD, and client life-cycle management.
4. Experience in Risk Governance, including Audit remediation, policy implementation, and banking businesses compliance reviews.
5. Knowledge of Analytical Rigo, including sampling, exception resolution, and risk rating validation.
6. Experience in Project Execution, including system optimization, training, and gap analysis.
7. Fluent in English, Mandarin proficiency is a strong plus.
8. A collaborative mindset towards business and compliance teams.