1. To act as Compliance in-charge in absence of compliance manager.
2. Responsible to ensure the appropriateness of Compliance programme with applicable AML/CFT laws, regulations, and international best practices all the time.
3. Responsible to maintain appropriate AML/CFT policies, procedures, processes, and controls.
4. Arrange, maintain, and secure correspondence records between Compliance department and the Regulator.
5. Follow up on the transactions escalated to the branches by the compliance department during transaction monitoring.
6. Follow up on the request sent to branches for the provision of supporting documents of transaction monitoring and sanctions screening.
7. Report Sanctions & FPEP Screening & transaction monitoring alerts generated by the system.
8. EDD Preparation upon customer
9. AML/CFT program annual review for partners/agents’ emails follow up and document collection
10. Follow up on the exceptions granted to the customers by the branch staff.
11. Report any high-risk/suspicious activity identified during transaction monitoring.
12. Prepare and follow up on the request sent to the correspondent banks & agents for KYC documents.
13. Take back up on the emails and other records as per Saad Exchange policy.
14. Comply with all the policies of Saad Exchange.
15. Visiting new clients prior to on board
16. Visiting existing clients time to time
17. Preparing Site Visit Report.
18. Receiving suspicious activity reports from the FLAs and analyzing them to take appropriate decision whether to report to the FIU about those transactions in a timely manner.
19. Developing and Executing AML/CFT training programs considering all relevant risks of ML/FT to update our FLAs with all applicable laws and regulations.
20. Preparation and submission of quarterly reports with the board of directors on AML.
21. Preventing illegal or improper conduct by developing & maintaining policies & procedures for general operations.
22. Monitoring Customer transactions in accordance with the defined parameters in transaction monitoring system, in case of high risk/high value transactions, obtaining the required KYC documents for EDD purpose.
Job Types: Full-time, Permanent
Pay: AED5,000.00 - AED6,500.00 per month
Education:
- Bachelor's (Preferred)
Experience:
- Compliance: 4 years (Preferred)
License/Certification:
- ACAMs (Preferred)
Location:
- Fujairah (Preferred)
