AML ANALYST I Dubai | Financial Services| Orient Insurance PJSC

Al Futtaim Private Company (LLC); Abu Dhabi; Vor Ort; AED 180.000 - 300.000; Vollzeit

Zusammenfassung

Al Futtaim Private Company (LLC) is seeking an AML Analyst to join its Insurance Division. The role supports the Compliance Department in developing and implementing AML, CTF, CPF, FATCA, and CRS policies and procedures in line with regulatory requirements.

The ideal candidate has at least 3 years of AML/compliance experience in finance-related industries and strong English communication skills. The position focuses on risk assessments, SAR/STR processes, and collaboration with internal

Qualifikationen

• 3+ years of AML, CTF, CPF, FATCA, and CRS compliance experience in banking, insurance, or related industries.
• Bachelor’s degree in finance, Law, Commerce, or Business Administration.
• Language skills: excellent oral and written English communication.

Aufgaben

• Assist the Compliance Department in developing and implementing AML, CTF, CPF, FATCA, and CRS policies and procedures.
• Coordinate with internal departments to obtain due diligence documents.
• Conduct due diligence activities per defined processes and regulatory guidelines.
• Complete risk assessments for enterprise and clients.
• Maintain documentation per record retention policy.
• Ensure timely regulatory reporting.

Kenntnisse

Analytical skills

Organizational skills

Interpersonal skills

Communication

Ausbildung

Bachelor’s degree in finance, Law, Commerce, or Business Administration

Tools

Transaction monitoring systems

Screening tools

Jobbeschreibung

Job Role

We are currently seeking an AML Analyst to join our Insurance Division.

The AML Analyst is responsible for assisting the Compliance Department in establishing and implementing internal procedures related to Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Counter-Proliferation Financing (CPF), Foreign Account Tax Compliance Act (FATCA), and Common Reporting Standard (CRS). The role supports the Compliance Department in ensuring that an appropriate framework, governance structure, and controls are in place to maintain compliance across the Insurance Division in line with applicable AML, CTF, CPF, FATCA & CRS regulatory requirements.

Job Responsibilities

• Assist the Compliance Department in the development and implementation of AML, CTF, CPF, FATCA, and CRS policies and procedures.

• Regularly coordinate and follow up with internal departments to obtain required due diligence documents.

• Execute due diligence activities in accordance with defined processes and applicable regulatory guidelines.

• Complete enterprise-wide risk assessments and client risk assessments in accordance with established procedures and regulatory requirements.

• Track and manage relevant documentation in accordance with the record retention policy.

• Ensure all reporting timelines are met in accordance with agreed Turnaround Times (TATs).

• Support the screening and transaction monitoring systems review and implementation.

• Identify red flags and control issues relating to KYC and client onboarding.

• Conduct investigations and prepare Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs).

• Liaise with regulators and supervisors in connection with the AML, CTF, CPF, FATCA, CRS program and related regulatory matters.

• Build strong partnerships with Internal Audit, Operations, Business Development, and other stakeholders in connection with the AML, CTF, CPF, FATCA, and CRS programs.

• Work with leaders across the organization to address and resolve related open issues in a timely and effective manner.

• Seek AML, CTF, CPF, FATCA, and CRS compliance advice from the Compliance Committee, and organize and participate in Compliance Committee meetings.

• Ensure the timely filing of regulatory reports with the relevant regulator.

• Develop training presentations and conduct training relating to AML, CTF, CPF, FATCA, and CRS.

• Assist in the planning and execution of AML, CTF, CPF, FATCA, and CRS compliance reviews, including the analysis of results.

• Work with business lines during testing to understand control processes and identify action plans to address control deficiencies.

• Communicate with various levels of management to ensure compliance with applicable regulatory and internal requirements.

• Maintain ongoing awareness and current knowledge of all applicable internal and external AML, CTF, CPF, FATCA, and CRS regulatory requirements, and identify any issues that could impact the Institution.

• Review high-risk relationships, particularly cases escalated to Senior Management, and ensure that all relevant risks are appropriately highlighted for management sign-off.

Desired Candidate Profile

Job Requirements

• Minimum of 3 years of AML, CTF, CPF, FATCA, and CRS compliance experience in the banking, insurance, or related industries.

• Bachelor’s degree in finance, Law, Commerce, or Business Administration.

• Language Skills: Excellent oral and written English communication skills.

• Excellent organizational skills, with the ability to prioritize workload, demonstrate resilience, and work effectively under pressure.

• Excellent interpersonal skills, with the ability to communicate confidently with various levels of management.

• Strong AML, CTF, CPF, FATCA, and CRS analytical skills, with a good knowledge and understanding of industry best practices, internal controls, and regulatory requirements.

• Knowledge of transaction monitoring systems and screening tools.

• Knowledge of applicable laws, decisions, resolutions, guidelines, and regulatory requirements relating to AML, CTF, CPF, FATCA, and CRS.