AML Consultant

AML JOB; Dubai; On-site; AED 180,000 - 260,000; Full time

Benefits offered by this job

Competitive salary package

Opportunities for professional growth

Job summary

AML JOB in Dubai seeks experienced risk and compliance specialist to lead enterprise-wide risk assessments and design AML/CFT frameworks. You will guide KYC/CDD/EDD, sanctions screening, and regulatory reporting for clients across sectors.

Join to deliver advisory services, build compliant programs, and provide ongoing monitoring with training to client teams in a fast-evolving regulatory landscape.

Qualifications

• 3+ years in AML/CFT compliance.
• Experience in financial institutions or consulting.
• Knowledge of UAE, India, Singapore, UK, Australia AML laws.
• Proficiency in KYC/CDD/EDD and sanctions screening.

Responsibilities

• Develop and implement EWRA tailored to client risk profiles.
• Design AML/CFT policies aligned with regulations.
• Assess clients' compliance programmes for gaps.
• Guide on KYC, including CDD/EDD.
• Assist onboarding high-risk customers and PEPs.
• Deliver AML/CFT training and stay updated on trends.
• Provide ongoing monitoring and client support.

Skills

AML/CFT compliance

Risk assessment

KYC processes

Regulatory reporting

Communication skills

Education

Bachelor's degree in Finance/Law/Business

Job description

Dubai, United Arab Emirates | Posted on 21/03/2025

Risk Assessment & Compliance Frameworks:

• Develop and implement Enterprise-Wide Risk Assessments (EWRA) tailored to the client’s industry and risk profile.
• Design AML/CFT policies and procedures that align with applicable laws and regulations.
• Conduct periodic assessments of clients’ compliance programmes to identify gaps and suggest improvements.
• Guide clients on Know Your Customer (KYC) processes, including CDD and EDD, to ensure compliance with regulatory standards.
• Assist in onboarding high-risk customers, including Politically Exposed Persons (PEPs), and recommend suitable risk mitigation strategies.

Sanctions Screening & Monitoring:

• Advise on sanctions screening tools and conduct screening reviews to prevent business with sanctioned entities or individuals.
• Implement and maintain effective transaction monitoring systems, ensuring suspicious activities are identified and escalated promptly.
• Develop and deliver AML/CFT training sessions for client teams to enhance understanding and compliance culture.
• Stay up-to-date on regulatory developments and provide insights to clients on emerging AML/CFT trends.

Regulatory Reporting:

• Assist clients in filing necessary reports to regulatory bodies, including Suspicious Transaction Reports (STRs) and other AML/CFT reporting requirements.
• Ensure timely submission of reports and maintain accurate records for audit and review purposes.

Advisory & Consultation:

• Serve as a subject matter expert (SME) on AML/CFT regulations, providing tailored advice to clients on regulatory requirements.
• Support clients in addressing regulatory queries and remediating audit findings related to AML/CFT compliance.

Ongoing Monitoring & Support:

• Establish systems for ongoing monitoring of client transactions and activities.
• Provide ongoing support to clients to address emerging risks, regulatory changes, and compliance updates.

Requirements

• Bachelor’s degree in Finance, Law, Business, or a related field (Master’s or specialised certification like CAMS, ICA, or CFE is a plus).
• 3+ years of experience in AML/CFT compliance, preferably within financial institutions or as a consultant.
• Strong knowledge of UAE, India, Singapore, UK, Australia, and Global AML laws, regulations, and best practices.
• Proficiency in risk assessment, KYC/CDD/EDD processes, sanctions screening, and regulatory reporting.
• Excellent communication skills with the ability to present complex information in a clear and accessible manner.

Perks and Benefits:

• Competitive salary package.
• Opportunities for professional growth and development.