Financial Crime Investigator I Dubai | Financial Services| Orient Insurance PJSC

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day Job Role: We are currently seeking a Financial Crime Investigator to join our Insurance Division. The Financial Crime Investigator is responsible for assisting the Compliance Department in establishing and implementing internal procedures related to Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Counter-Proliferation Financing (CPF). The role supports the Compliance Department in ensuring that an appropriate framework, governance structure, and controls are in place to maintain compliance across the Insurance Division in line with applicable AML/CFT/CPF regulatory requirements. Job Responsibilities: - Assisting compliance department in development and implementation of AML/CTF/CPF policies and procedures. - Regular coordination and follow up with internal departments for obtaining due diligence documents. - Execute Due Diligence activity as per the defined process and regulatory guidelines. - Completion of client risk assessment. - Tracking and management of the various documents as per record retention policy. - Ensure all reporting timelines are met as per agreed Turnaround Time (TAT). - Screening and Transaction Monitoring Systems Review/Implementation - Identify Red flags and control issues with respect to KYC/Client on boarding. - Investigation and Preparation of Suspicious Activity Reports and Suspicious Transaction Reports. - Liaise with regulators and supervisors in connection with the AML program and related regulatory issues. - Build strong partnership with Internal Audit, Operations departments, Business development and other stakeholders in connection with the AML/CTF/CPF Program. - Work with leaders throughout enterprise to resolve efforts to address related open issues in a timely and effective manner. - Responsible for seeking AML/CTF/CPF compliance Advice from the compliance committee, organize and participate in the compliance committee meeting. - Timely filing of regulatory reports with the regulator. - Develop training presentation and conduct training relating to AML/CTF/CPF, FATCA & CRS. - Assist in the planning, execution and results analysis of AML compliance reviews. - Work with the business lines during test work to understand control processes and to identify action plans to address control deficiencies. - Communication with various levels of management to ensure AML/CFT/CPF compliance. - Maintain ongoing awareness, current knowledge of all applicable internal and external AML/CTF/CPF compliance regulatory requirements and identifying any issues that could impact the Institution. - Review high risk relationships especially cases that are escalated to Senior Management and ensure that all risks are appropriately highlighted for sign-off. Job Requirements: - Minimum 3 years of AML/CTF/CPF compliance experience in banking, insurance industry. - Bachelor’s Degree (Commerce or Business Administration). - Language Skills: An exceptional ability in oral and written English. - Excellent organizational skills, having the ability to prioritize workload whilst being resilient and being able to cope well under pressure. - Excellent interpersonal skills and an ability to converse confidently with various levels of management - Strong AML/CTF/CPF analysis skills, good knowledge and understanding of industry best practices, internal controls, regulatory requirements. - Knowledge of transaction monitoring systems and screening tools. - Knowledge of FATCA & CRS regulation. About Orient Insurance PJSC Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman, Riya

Minimum 3 years of AML/CTF/CPF compliance experience in banking or insurance. Bachelor’s Degree (Commerce or Business Administration). Language Skills: exceptional ability in oral and written English. Excellent organizational skills and ability to prioritize workload under pressure. Strong AML/CTF/CPF analysis skills with knowledge of industry best practices, internal controls, and regulatory requirements. Knowledge of transaction monitoring systems and screening tools. Knowledge of FATCA & CRS regulation.

Assisting the compliance department in development and implementation of AML/CTF/CPF policies and procedures; coordinating with internal departments to obtain due diligence documents; executing due diligence activity per defined processes and regulatory guidelines; completing client risk assessments; managing documents per record retention policy; ensuring timely reporting; reviewing screening and transaction monitoring systems; identifying red flags and control issues with KYC/Client onboarding; preparing Suspicious Activity Reports and Suspicious Transaction Reports; liaising with regulators; partnering with Internal Audit, Operations, and Business Development; resolving open issues with leadership; seeking AML/CTF/CPF compliance advice from the compliance committee and participating in meetings; timely filing of regulatory reports; developing training materials and conducting AML/CTF/CPF, FATCA & CRS training; assisting planning and results analysis of AML compliance reviews; working with business lines during testing to address control deficiencies; communicating with management to ensure compliance; maintaining up-to-date knowledge of AML/CTF/CPF regulatory requirements.