Investment/Transactional Banking Compliance Manager
Assist in review of the regulatory requirements of the Central Bank UAE and other regulatory authorities to ensure that these are incorporated into the bank's policies and procedures.
Assist in setting up the monitoring programs to monitor transactions and interface with different counterpart (mainly Sanctions AML Teams) to obtain needed information.
Assist with reviews of new initiatives projects by conducting research and providing data as directed.
Work with internal groups to ensure consistent understanding of requirements.
Apply a Risk Based Approach to appropriate due diligence to ensure that the bank is comfortable when conducting business with its Clients given the risk profile of each Client.
Assist in the execution of other compliance protocols.
Strong understanding of Regulatory concepts and International Standards required (FATF, Woflsberg principles, OFAC, EU Sanctions) to deal with AML questionnaire and other queries coming from International Jurisdictions.
Assist in the preparation of periodic and ad-hoc compliance reports to group standards for review by management.
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