Manager
Job Description
EDD and Risk Assessment on Financial Institutions and Business Partners
(Compliance & AML)
We are seeking a strategic Manager of Enhanced Due Diligence (EDD) and Risk Assessment
(Financial Institutions & Business Partners) to lead our team and safeguard our organization through
robust risk management practices. This role demands expertise in regulatory compliance, process
optimization, and insightful Management Information System reporting, ensuring all deliverables meet
deadlines and avoid regulatory breaches.
QUALIFICATIONS:
- Must have at least 8 years of related experience in Compliance and AML field within UAE, with extensive
experience in EDD and Risk Assessment in a bank or exchange house - Must have clear and updated knowledge of EOCN / Central Bank of the UAE (CUAE) regulations and pertinent
AML/CFT laws including international applicable regulations and ability to prepare various policies and
procedures with regard to AML/CFT. - Should be able to prepare, review and implement EDD and Risk Assessment related policies and procedures,
undertake gap analysis therein with regulatory guidelines, practices, to ensure the EDD and Risk Assessment
program is in line with the regulations and industry best practices. - Must be well conversant in the analysis process including preparing of enhanced due diligence reports of
relationships both of new Onboarding and periodic reviews, including risk assessment reports on business
partners / Fis (local and Foreign). - Should have the ability to lead and manage Fl and Business Partner’s Onboarding / review team and monitor
their progress along with defined KPls in line with stipulated timeframe and quality. Additional responsibilities
will include managing other functional teams included in the responsibilities. - Should have strategic decision making skills in terms of compliance & AML related matters and good analytical
skills. - Must have excellent written and spoken English ability; Arabic will be an added advantage but not obligatory.
- Should be able to perform in a high pressured, deadline bound multi-task environment with impeccable output.
- Must be able to depict excellent team work and show one-team’ attitude towards the entire department and the
company, to achieve regulatory complied outputs and other department’s objectives constantly. - Minimum a Bachelor’s degree holder, AML/CFT certifications (CAMS, ICA etc.) is a must.
- Candidates with previous experience in UAE based Exchange houses is a plus.
Apply Now
If you meet the criteria specified or know someone who fits the specifications, please send the CV via Email and indicate “Manager — EDD and Risk Assessment on Financial Institutions and Business Partners” on the subject of your email.
