Job Description

Senior Manager, AML and CFT/Deputy MLRO - Emirati Talent

** Due to Emiritisation, this role is only open to UAE Nationals **

Our client is looking to hire a Senior Manager, AML and CFT/Deputy Money Laundering Reporting Officer (DMLRO), to join their team in the Dubai HQ.

In this critical role, you will support the MLRO in overseeing the AML/CFT (Combat Financing of Terrorism) function, providing subject matter expertise, and ensuring the bank's adherence to the highest standards of regulatory compliance. You will also play a key role in developing and enhancing the AML/CFT framework.

A key aspect of this position is assisting in the continuous assessment and optimisation of the Bank's AML/CFT framework and transaction monitoring system. This includes supporting periodic assessments, threshold reviews, segmentation analysis, and scenario performance analysis. You will also help manage the list of system scenarios, ensuring that the rationale behind each rule is well-documented and mapped against identified inherent risks. You will also be expected to contribute to the development and delivery of AML/CFT training programs.

Key Responsibilities:

• Support the MLRO in overseeing the Bank's AML/CFT risk, policies, and compliance, with a focus on enhancing the framework.
• Assist the MLRO in ensuring compliance with all relevant regulations and provide guidance on new regulatory requirements.
• Take a lead role in reviewing escalated alerts and determining whether they need to be reported.
• Support the management of responses and mandated actions from the Financial Intelligence Unit, including high-level correspondence.
• Support the strategic and day-to-day management of the Bank's transaction monitoring system, ensuring its effectiveness.
• Assist in leading complex investigations, with a focus on high-risk and sensitive cases.
• Assist in conducting periodic assessments of the AML/CFT framework and transaction monitoring system.
• Assist in managing the list of scenarios for system alerts and ensuring their ongoing relevance.
• Support the running of the Transaction Monitoring Oversight Committee and contribute to its strategic direction.
• Deputise for the MLRO in their absence and represent the AML/CFT function at senior management meetings.
• Contribute to the development and delivery of AML/CFT training programs for staff at all levels.

Qualifications:

• Extensive experience in AML/CFT within the financial services industry, with a proven track record in a senior role.
• In-depth knowledge of AML/CFT regulations, policies, and procedures, with expertise in regulatory requirements.
• Proven experience in managing and enhancing transaction monitoring systems.
• Strong analytical, investigative, and reporting skills, with the ability to handle complex and sensitive issues.
• Excellent communication and stakeholder management abilities, with experience in presenting to senior management and regulatory bodies.
• Relevant professional certifications (e.g., CAMS, ICA Diploma) are essential.
• Strong leadership skills with experience in managing and mentoring teams.

Thank you for your application. Only suitable candidates will be contacted.