Job Opening Status In-progress Industry Banking & Finance Salary AED 5,001 - AED 10,000 Number of Positions 1 City Dubai State / Province Dubai Zip / Postal Code Assistant - AML
A leading Bank in the region is looking to hire "Assistant AML" for Dubai.
Bachelors Degree, preferably in Risk Management
Minimum 2 years banking experience of which at least ONE year in a relevant business operation.
Sound knowledge in all areas of general banking operations such as specific Trade Finance, Swift and Corporate banking.
Familiar with AML procedure and also ideally FATF (Financial Action Task Force) recommendations
To assist the Head of Compliance & Operational Risk in AML compliance and reporting to ensure that the bank complies with AML policies and procedures.
Monitor trends and developments in the field of Anti-Money laundering, KYC , and Financial Crimes.
To undertake regular monitoring activities such as review of large transactions, KYC account reviews and internal / regulatory reporting requirements.
To support the Bank’s AML monitoring and assurance program
Conduct periodic AML reviews to ensure compliance with the regulations of authorities (e.g. Central Bank, Stock Exchange, Labor Laws, Immigration Laws, Federal and Local Laws etc) escalate the issues / findings
Support the Compliance department in the implementation, test and roll-out of new systems and enhancements to existing systems