Department Description:
The Compliance Organization 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 LaunderingAML and Counter Terrorist
FinancingCTF 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
Brief Description:
Setting out the relevant regulatory requirements and expectations that the
Bank must comply with in an Obligations Register which then maps these to the
Banks policies procedures and processesincluding 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 requiredeg on a client
product or transaction basis
Detailed Description:
The incumbent is responsible for identifying reasonable grounds of suspicion
from FCC perspective drafting and reporting of suspicious and unusual
transactions and activities in the format of STRs SARs including following up
with Business Units and other internal departments across the Group where the
international jurisdiction allows it to support a consistent approach and
promote high quality of reporting and efficiencies across the Compliance
activities
Job Requirements:
Review all cases escalated from various units for potential money laundering
risks or concerns and prepare the draft on the cases to be reported to FIU
STR shall be filed in timely manner by adhering to the FIU requirements All
the requirements should be submitted within the agreed TAT on the team
Provide feedback to business within agreed TAT on customers about STRExit etc
All FIU responses to be addressed with the TAT provided by FIU
Maintaining and providing of accurate MI as instructed on all aspects related
to STRs within the expected timelines
Providing assistance to the Group Compliance in adhoc Compliance projects and
investigations
Additional Details:
Good understanding of AML KYC Sanctions Name screening
Sound compliance knowledge
Analytical and attention to detail
Problem identification and solving skills
Good written and oral communication skills
Ability to communicate at both detailed and concise levels with all levels of
management
Good time management skills and adherence to deadlines is essential
Good team management skills
Demonstrated project management and leadership skills
Negotiation and influencing skills
MIS Skills
Qualifications
AS Mentioned in the JD
Primary Location : United Arab Emirates-Dubai-Dubai - Nadd Al Shiba,
Meydan, Building P
Job : Risk Management
Organization : Retail Compliance
Schedule : Regular
Shift : Standard
Job Type : Full-time
Day Job
Job Posting : Oct 18, 2021, 1:15:22 AM
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