Senior Officer AML & CFT ( UAE National ) (United Arab Emirates) Dubai

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people – your colleagues and our customers – and delivering service that really goes the extra mile.

Job Purpose

The role holder is responsible for assisting the FIU Manager in investigating cases received from regulators (FIU, CBUAE, Law Enforcement) and conduct in depth investigation and take necessary actions as and when needed.

Principle Accountabilities

Support the FIU Manager with investigations of regulatory and law enforcement cases
Conduct detailed AML/CFT investigations on assigned cases
Engage with regulatory and investigating bodies to provide evidence & take action where necessary
Review transactions and customer activity to identify suspicious behaviour
Prepare investigation findings and support regulatory & internal responses
Review regulations and ensure compliance with internal SOP
Conduct in-depth investigation and prepare EDD reports to submit to the regulators.
Prepare MI and reports as and when needed
Adherence to Maker/Checker activity in IEMS, CIR, GoAML & Various other Forms of communications with regulatory bodies
Maintain and update MIS
Manage the GoAML message board, take next course of action based on the request and respond to the RFI within the TAT
Document and complete the process as per the Bank’s internal procedures to report STRs to the UAE Central Bank’s FIU once the decision has been taken by DMLRO or MLRO
Conduct Gap assessment to new regulations and polices as and when needed
Prepare and respond to internal QA, Audit as well as external examination as and when required

Requirements
Experience and Qualifications
Minimum of 3 years’ experience in an AML/CFT role or equivalent.
Bachelor’s Degree as a minimum from a recognized university.
Must have a background in investigations and a good understanding of AML/CTF and Financial Crime.
Well versed with banking systems, concepts, banking best practices
Certification in investigations or similar work.

The role involves conducting in-depth AML/CFT investigations and managing cases received from regulators and law enforcement. The officer is responsible for preparing EDD reports, reporting STRs to the UAE Central Bank, and ensuring compliance with internal SOPs.

We are a job aggregator. All rights belong to the original company or recruiter. We do not claim ownership of any listings.