Associate Compliance Manager/Compliance Manager

Industrial and Commercial Bank of China; Dubai; On-site; AED 240,000 - 380,000; Full time

Job summary

Industrial and Commercial Bank of China in Dubai seeks an AML/KYC Compliance Officer to oversee the bank's AML/KYC framework and regulatory compliance for wholesale banking operations.

Responsibilities include end-to-end KYC renewals and onboarding, EDD for high-risk clients, sanctions screening, STR/SAR assessment, and risk rating maintenance. You will coordinate with Head Office and support DFSA/ UAE FIU processes, plus staff training.

Qualifications

• Bachelor's degree in Finance, Law, Business or related field.
• 3+ years in financial sector, banking compliance preferred.
• Knowledge of AML/KYC operations including STR/SAR, EDD and client life-cycle management.
• Experience in Risk Governance including audit remediation, policy implementation and banking compliance reviews.
• Analytical rigor: sampling, exception resolution, and risk rating validation.
• Project execution: system optimization, training and gap analysis.
• Fluent in English; Mandarin proficiency is a strong plus.
• Collaborative mindset with business and compliance teams.

Responsibilities

• Oversee AML/KYC governance and client lifecycle management for wholesale banking.
• Manage end-to-end KYC renewals and onboarding, including EDD for high-risk clients.
• Monitor overdue items and resolve exceptions in KYC workflows.
• Assess STR/SAR alerts and coordinate with business units for EDD cases.
• Handle sanctions screening and retrospective screening alerts.
• Perform sampling/audits of KYCs and maintain system parameters (risk rating, watchlists).
• Coordinate monthly, quarterly, and annual reports to Head Office; assist in system management.
• Support UAE DFSA/ FIU reporting, MLRO inquiries, and regulatory trend reporting.
• Assist in reviewing/updating Compliance/AML policies; support training programs.
• Lead remediation of Internal Audit findings and drive preventive measures.
• Support system optimization of screening tools and case management.

Skills

KYC governance

EDD

STR/SAR assessment

Sanctions screening

KYC onboarding

Risk rating

Watchlist management

Regulatory reporting

Training

System optimization

Education

Bachelor's degree in Finance/Law/Business

Tools

Screening tools

Case management systems

Job description

The role will oversee the bank's AML/KYC framework and regulatory compliance activities with a focus on supporting wholesale banking operations.

Key Responsibilities

1. AML/KYC Governance & Client Life-cycle Management

• Oversee end-to-end KYC renewals and onboarding for all clients, including Enhanced Due Diligence(EDD) for high-risk relationships.
• Monitor and resolve overdue items and exceptions in KYC due diligence workflow promptly.
• Conduct assessment of STR/SAR alerts and coordinate with business units to complete EDD cases.
• Handle sanctions-related transaction screening and retrospective screening alerts.
• Perform sampling and audits of KYCs completed by KYC teams.
• Maintain compliance system parameters(e.g., risk rating and watchlists) to ensure accuracy.

2. Head Office Reporting

• Handle and coordinate with the branch to complete related monthly, quarterly, and annual reports to the Head Office.
• Assist in Compliance system management and communication with the relevant Head Office team.

3. Regulatory Compliance & Reporting

• Serve as the Primary responsible for UAE FIU IEMS reports and assist the MLRO in responding to inquiries from regulators.
• Prepare and distribute enforcement case studies to branches and develop quarterly regulatory trend reports.
• Prepare various operational reports for branch management/Head Office.
• Support the preparation work of the DFSA Annual Return filing and AML Risk Assessment.
• Assist in reviewing, updating, and implementing Compliance/AML policies in alignment with DFSA regulations.
• Conduct initial risk assessments for customers and transactions, and elevate to the department head.
• Lead remediation of Head Office/Internal Audit findings and implement preventive measures.
• Support optimization of bank systems( Screening tools, case management).

5. Compliance Committee

• Prepare materials, presentations, and minutes for Quarterly Compliance Committee Meetings.
• Drive ad-hoc initiatives: system enhancements, regulatory gap analyses, and training programs.

6. Training

• Support the preparation work of compliance-related training sessions for new employees and business departments.

Qualifications

• Bachelor's degree in Finance, Law, Business, or related field.
• Over 3 years of financial sector experience, with banking compliance experience preferred.
• Knowledge of AML/KYC operations, including STR/SAR assessment, EDD, and client life-cycle management.
• Experience in Risk Governance, including Audit remediation, policy implementation, and banking business compliance reviews.
• Knowledge of Analytical Rigor, including sampling, exception resolution, and risk rating validation.
• Experience in Project Execution, including system optimization, training, and gap analysis.
• Fluent in English; Mandarin proficiency is a strong plus.
• A collaborative mindset towards business and compliance teams.