Company Description
CVML is an independent law firm founded in Paris in 2003 that expanded with the launch of its DIFC - Dubai office in 2011 to service its Middle East-based clients. CVML has a multilingual and multidisciplinary team that possesses unrivaled knowledge of local laws and regulations. They advise both companies and individuals on many areas such as International Dispute Resolution, Litigation Strategy & Management, Regulatory & Compliance, Finance & Capital Markets, Data Privacy & Cybersecurity, Employment, Corporate Structuring, Commercial Contracts, Real Estate & Hospitality, TMT, and Mergers & Acquisitions. CVML’s Dubai office is regulated by the Dubai International Financial Centre.
Role Description
This is a full-time, Assistant Anti-Money Laundering Compliance Officer position, located on-site in Dubai, United Arab Emirates. The Assistant Anti-Money Laundering Compliance Officer will work closely with the Anti-Money Laundering Compliance team to help identify, assess, and mitigate money laundering and terrorist financing risks. Additionally, the Assistant Anti-Money Laundering Compliance Officer will conduct research and assist in critically analyzing client transactions based on existing national and international regulatory and legal frameworks.
POSITION TITLE
- Assisting in the development and implementation of the AML policies and processes within the firm.
- Ensuring that the firm is complying with the existing AML rules and regulations.
- Assessing operational risks and determining the risk level of customers and transactions.
- Providing financial crime compliance advice.
- Detecting any anomalies in transactions or customers.
- Maintaining thorough records of clients’ interactions, due diligence and submitting reports to the concerned authority.
- Reviewing internal controls, processes, and procedures.
- Conducting AML training for employees.
- Conducting periodic internal audits to evaluate the effectiveness of AML policies and procedures.
- Monitoring and reporting suspicious activities and violations.
- Keeping up with the latest AML rules and regulations.
Skills and Qualifications
- Bachelor’s degree or higher in Finance, Accounting, Business, or a related field
- Min of 2 years of experience in Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT)
- ACAMS qualification required
- Knowledge of anti-money laundering/anti-terrorism financing regulations and related financial crime legislation/guidelines
- Familiarity with UAE legal and regulatory frameworks for AML/CFT
- Excellent analytical and research skills
- Excellent verbal and written communication skills
- High attention to detail and strong organizational skills
- Ability to work well both independently and as part of a team
Job Type: Full-time
