Compliance Officer

Compliance Officer - Compliance Intelligence Unit (CIU). M grade
The Group Compliance Organisation Unit is responsible for ensuring that the
Bank complies with all relevant external laws and regulations applicable in
the various jurisdictions that the Bank operates in. Significantly this
includes compliance with Sanctions, Anti Money Laundering (AML) and Counter
Terrorist Financing (CTF) requirements not only of the countries that the Bank
operates in but increasingly there is an expectation of compliance with those
of key US and EU regulators:
The Organisation Unit achieves this by:
* Setting out the relevant regulatory requirements and expectations that the Bank must comply with in an Obligations Register which then maps these to the Bank 's policies, procedures and processes (including systems).
* Working with the business to monitor and set appropriate policies, procedures and processes to ensure compliance with regulatory requirements, expectations and industry best practices.
* Providing official written and informal guidance and advice on Compliance matters to the respective businesses as and when required (e.g. on a client, product or transaction basis).
* Ensuring that appropriate training is given to all relevant staff on the Banks policies and procedures. This includes the provision of training on key policies and procedures such as Sanctions, AML and CTF.
* Undertaking periodic, risk based, Compliance Monitoring to ensure the Bank 's policies and procedures are being complied with and escalates to management significant non-compliance.
* Managing key Compliance systems such as Customer Screening, Transaction Screening and AML Monitoring.
* Managing the alert investigation process arising from the key Compliance systems and making the necessary escalations to management and disclosures to the relevant authorities.
* Responding to all regulatory requests to review and provide relevant information (e.g. customer, transaction, policy, procedure, and training, compliance monitoring and process details) or cooperation in a timely manner. __
The Compliance Officer is responsible for assis ting the Compliance
Intelligence Unit Manager / his delegate in managing the Group 's Anti-Money
Laundering (AML) and Combatting Terrorist Financing (CTF) program with
specific responsibility for managing CIU work-streams, adverse media
monitoring and any request received from the Line Manager / his delegate with
regards to sensitive reviews and/or publishing intelligence reports & share
his findings with recommendations.
The incumbent is responsible for assisting the CIU in managing the Group 's
Anti-Money Laundering (AML) and Combatting Terrorist Financing (CTF) program.
The incumbent will have overall responsibility to provide __intelligence
analysis support for both proactive and reactive analytics and research,
performing trend analysis and producing related MIs on emerging money
laundering trends. The incumbent will also be responsible for undertaking
special / targeted AML reviews on a risk based approach and execute requests
received from the Line Manager / his delegate with regards to money laundering
reviews or guiding, advising various Business Compliance teams on AML related
matters across the Group.

Qualifications

Job Requirements
Tertiary education / Bachelor's Degree / preferably Masters in Statistics /
MIS / Data analytics / coding
Certified Anti-Money Laundering Specialist (CAMS) or any recognized Compliance
certification preferred.
Three (‎3) or more years of financial crimes risk management or Compliance
intelligence experience related to transaction monitoring, investigation
research, and analysis on proactively identifying compliance risks in the
financial services industry.
Strong experience leveraging proprietary databases (e.g., Lexis-Nexis, World-
check, Factiva, etc.) for research purposes.
The role holder should possess prior experience in regulatory, law
enforcement, military, commercial (e.g. research / media) or Financial
intelligence gathering environment.
Strong knowledge of Europe and/or Middle East and/or Africa (e.g. political
developments, law enforcement issues, corruption-related matters, etc.).
Familiarity with the intelligence cycle (direction, collection, analysis and
dissemination)
Strong knowledge of and experience with reporting packages, databases,
programming languages (like SAP-Hana, Hadoop, MS BI, Power BI SSRI, Cognos
modeling, MS Access, Qlick-view, Sybase, R, Python, SQL, VBA and/or similar)
Must be an expert in Advanced Microsoft Excel (Macros, power query). Knowledge
of statistics and experience using statistical packages for analyzing datasets
Investigative skills, ideally with a focus on financial investigations and
analytics

Primary Location : United Arab Emirates-Dubai-Dubai - Nadd Al Shiba,
Meydan, Building P
Job : Risk Management
Organization : Group Compliance
Schedule : Regular
Shift : Standard
Job Type : Full-time
Day Job
Job Posting : May ‎19, ‎2022, ‎9:27:‎00 AM