Creation Business Consultants
Dubai, UAEPosted 1 months ago
The Compliance Officer will support the Money Laundering Reporting Officer (MLRO) in ensuring the organization’s full compliance with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. This includes leading compliance efforts, conducting in-depth due diligence, managing risk assessments, and driving the implementation of AML/CFT policies and controls. Key Responsibilities Compliance Operations: • Conduct advanced investigations into flagged transactions or compliance breaches and recommend corrective actions • Manage and update internal blacklists and ensure compliance systems are effective and up to date • Coordinate compliance-related responses to inquiries from regulatory authorities, such as the DFSA ,ADGM and MOE Client Facing: • Collect, review and validate client identification and verification documents, ensuring full compliance with AML/CFT regulations • Provide guidance to departments on regulatory requirements, new products, and permissible activities to promote best practices • Communicate updates, changes, and insights to MLRO and senior management, business development, and client facing teams to strengthen the organization’s compliance framework • Engage directly with clients on complex compliance matters, explaining regulatory requirements and addressing escalations • Support contract renewals by ensuring adherence to AML/CFT regulations Regulatory Updates and Audits: • Stay up to date with regulatory changes, ensuring the company’s policies and procedures align with current requirements • Participate and provide training and timely updates to employees on AML/CFT regulations, policies, and procedures • Collaborate and communicate effectively to foster a culture of compliance throughout the organization and participate in blogs , seminars and other relevant activities • Monitor regulatory changes and support policy updates in coordination with the MLRO • Assist in internal and external compliance audits, ensuring findings are addressed promptly Collaboration and Communication: • Coordinate with cross-functional teams to align compliance practices with business operations • Assist to prepare periodic reports to the MLRO and senior management Experience and education • Bachelor’s degree in finance, law, business, or a related field • Certifications such as Certified Anti-Money Laundering Specialist (CAMS) or International Compliance Association (ICA) preferred • 3+ years’ experience as a compliance officer within the corporate services/ financial industry preferably within a DFSA/ADGM -regulated environment Show more Show less
Bachelor’s degree in finance, law, business, or a related field; 3+ years’ experience as a compliance officer within the corporate services/financial industry, preferably within a DFSA/ADGM-regulated environment.
Not sure you fit this role?
Upload your CV and see how you score against Creation Business Consultants and every other live job. It's free.
Get my free matchesAED 75k–130k a month· Michael Page
What does a Compliance Officer earn in the UAE?
See the full Michael Page salary benchmark — ranges, skills, and career progression.