Description:
EXPERIENCE:
• 4-6 years of experience in AML/CTF compliance, preferably within payment services, financial institutions, or fintech.
• Previous experience liaising with regulators or preparing regulatory reports is essential.
JOB ROLE:
The MLRO will act as the main liaison with regulators, oversee regulatory reporting, and conduct risk assessments. Expertise in compliance matters related to payment services or financial institutions is highly valued, ensuring the company maintains robust control and meet all regulatory expectations.
RESPONSIBILITIES:
• Maintains effective Compliance and Anti-Money Laundering (AML) policies, procedures, process, and controls in compliance with applicable laws, and the organization’s AML/CFT standards.
• Monitors compliance with laws, regulations, and internal policies.
• Performs KYC, CDD and EDD checks new, existing client
• Performs risk assessments to understand risk level, significance, and scope.
• Investigates irregularities and non-compliance issues and generating reports.
• Contributes to robust and effective compliance controls within the organization
• Performs the role of Money Laundering Reporting Officer (MLRO) for the entity, acting as a focal point for employees/ stake holders to escalate suspicions of terrorist financing or money laundering activities and manage AML/CFT risks.
• Identifies, assesses, and implements all legal and regulatory developments within the compliance framework.
•Assisting day-to-day operations for compliance
• Receive internal AML Suspicious Transaction Reports (SAR) from Employees. Taking appropriate action following the receipt of an internal Suspicious Transaction Report.
• Generate, submit Monthly report /Quarterly MLRO timely report, and prepare them as assigned reports
Organization | Confedential |
Industry | Other Jobs Jobs |
Occupational Category | MLRO |
Job Location | Dubai,UAE |
Shift Type | Morning |
Job Type | Full Time |
Gender | No Preference |
Career Level | Experienced Professional |
Experience | 4 Years |
Posted at | 2025-01-13 6:03 pm |
Expires on | 2025-04-13 |