AML/KYC Specialist

J. Awan & Partners; Dubai; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading company in Dubai seeks an AML/KYC Specialist to manage compliance programs and ensure adherence to regulatory standards. The ideal candidate will conduct client onboarding, monitor transactions, and collaborate with various teams to foster compliance. This role offers significant growth opportunities and a competitive salary package.

Benefits

Highly competitive salary

Discretionary performance-based bonus

Client referral bonus

Comprehensive medical insurance cover

Qualifications

• Minimum of 5+ years of AML/KYC experience within financial services.
• Strong understanding of DFSA, FSRA, and CBUAE regulatory frameworks.

Responsibilities

• Conduct comprehensive client onboarding and due diligence processes.
• Perform ongoing transaction monitoring to identify suspicious activities.
• Collaborate with compliance and legal teams to ensure adherence to regulations.

Skills

Analytical Skills

Interpersonal Skills

Problem-Solving

Attention to Detail

Education

Bachelor's degree in Finance

Bachelor's degree in Business Administration

Bachelor's degree in Law

Tools

Microsoft Office Suite

AML/KYC software systems

Job description

Job Purpose
The AML/KYC Specialist will be responsible for executing and maintaining the AML/KYC compliance program in accordance with regulatory standards set by the Dubai Financial Services Authority (DFSA), Financial Services Regulatory Authority (FSRA), and the Central Bank of UAE (CBUAE). The ideal candidate will proactively manage AML/KYC procedures, ensuring timely and thorough completion of client onboarding, due diligence, ongoing monitoring, and risk assessments.

Key Responsibilities

• Conduct comprehensive client onboarding, including identification, verification, and enhanced due diligence (EDD) processes.
• Ensure client documentation complies fully with DFSA, FSRA, and CBUAE regulatory requirements.
• Undertake periodic and trigger-event driven reviews of existing client files to ensure compliance with AML/KYC standards.
• Perform ongoing transaction monitoring to identify suspicious activities and escalate potential AML risks or issues.
• Maintain thorough records of all AML/KYC reviews and compliance activities.
• Stay current with evolving regulatory requirements and industry best practices related to AML, KYC, sanctions screening, and compliance.
• Collaborate closely with compliance, legal, operations, and front-office teams to foster a strong culture of compliance and risk awareness across the organization.
• Assist in preparing regulatory reporting and responses to regulatory inquiries, examinations, and audits.
• Deliver regular AML/KYC training and guidance to staff, enhancing internal compliance capabilities.

Skills and Experience

j. awan & partners seeks a dynamic leader with prior AML/KYC experience who is looking to take their career to the next level within a forward-thinking company with significant growth aspirations. A goal-oriented, high-achieving, motivational individual who is passionate about providing high-quality tax advice in a multijurisdictional environment.

At j. awan & partners, we believe in providing an environment where you can fully express your unique talents, and we deliver unparalleled learning and development opportunities for those who share our vision.

Experience

• Strong understanding and proven practical knowledge of DFSA, FSRA, and CBUAE regulatory frameworks and guidelines.
• Excellent analytical and investigative skills, coupled with attention to detail and ability to identify and manage compliance risks.
• Exceptional organizational skills, able to manage multiple tasks and deadlines effectively.
• Strong communication and interpersonal skills, capable of interacting effectively across various levels of an organization.
• Proficient in Microsoft Office Suite and familiarity with AML/KYC software systems.

Competencies

• Integrity and strong ethical standards.
• Effective analytical and critical thinking abilities.
• Strong problem-solving and decision-making skills.
• High level of accuracy and attention to detail.
• Ability to work independently and collaboratively within a team.

Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or related fields.
• Minimum of 5+ years of AML/KYC experience within financial services, particularly within the UAE jurisdiction.
• Professional certifications such as ACAMS (Certified Anti-Money Laundering Specialist), ICA (International Compliance Association), or similar compliance credentials preferred.

Additional Information:

• This role is only open to candidates currently resident in the UAE.

Compensation & Benefits

• Highly competitive salary and benefits package for the right individual.
• Discretionary performance-based bonus.
• Client referral bonus.
• Comprehensive medical insurance cover.

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