Compliance & Credit Risk Assessment Officer

UPFRONT; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A financial services company is seeking a Compliance & Credit Risk Assessment Officer to join their Dubai office. The successful candidate will be responsible for assessing credit risk, ensuring compliance with UAE regulations, and monitoring transactions. Ideal applicants will have over five years of experience in compliance or credit risk within fintech or banking, alongside a Bachelor's degree. This is a full-time role that emphasizes financial analytics and regulatory compliance.

Qualifications

• 5+ years of experience in compliance, AML/KYB, or credit risk roles.
• Strong understanding of UAE financial regulations.
• Familiarity with compliance tools and financial modeling.

Responsibilities

• Assess and manage credit risk and implement compliance protocols.
• Conduct Customer Due Diligence and monitor suspicious transactions.
• Generate credit risk and exposure reports for internal stakeholders.

Skills

Financial Analysis

Risk Assessment

Regulatory Compliance

Analytical Skills

Communication Skills

Education

Bachelor's degree in finance, accounting, law, or related field

Tools

Compliance Tools

Job description

Company Description

UPFRONT is a B2B payments and BNPL platform specializing in financial analytics, payment orchestration, open banking, and working capital solutions to help SMBs increase their gross profits. Our platform synchronizes easily with existing accounting software to unlock lines of credit, reduce DSO, and eliminate payment friction, boosting business cash flow. Real-time visibility and tracking ensure accurate reporting, saving time on manual tasks and freeing up resources for business growth. UPFRONT is designed to help businesses resolve aged receivables and cash flow issues effectively.

Role Description

This is a full-time, on-site role located in Dubai, United Arab Emirates, for a Compliance & Credit Risk Assessment Officer. The Officer will be responsible for assessing and managing credit risk, implementing compliance protocols, analyzing financial data, and overseeing credit portfolios. Daily tasks include conducting risk assessments, preparing risk management reports, and ensuring credit policies are adhered to in all transactions. The role also demands continuous monitoring of credit risk exposures, collaborating with various departments to support financial stability, and optimizing credit policies to align with regulatory requirements.

Key Responsibilities

Compliance (AML/KYB):

• Develop and maintain robust AML/KYB frameworks and internal control procedures in line with UAE regulations (CBUAE, DFSA, FSRA).
• Perform Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing monitoring for new and existing customers.
• Monitor and investigate suspicious transactions, flag potential red flags, and file Suspicious Transaction Reports (STRs) where required.
• Conduct ongoing screening against PEP/sanctions/adverse media databases.
• Work with engineering and product teams to optimize digital onboarding flows with embedded compliance checks.
• Liaise with external auditors, financial partners, and regulators during audits and regulatory reviews.

Credit Risk Assessment (BNPL):

• Analyze financial statements, cash flow, credit history, and business models to assess customer creditworthiness.
• Design and maintain credit scoring models and risk rating frameworks suited for SMEs and mid-sized businesses.
• Monitor and track portfolio performance, overdue accounts, and payment behavior patterns.
• Set customer credit limits based on internal guidelines and risk appetite.
• Collaborate with commercial, product, and finance teams to balance growth with prudent risk management.
• Generate periodic credit risk and exposure reports to internal stakeholders.

Qualifications

• 5+ years of experience in compliance, AML/KYB, or credit risk roles within fintech, banking, or financial services.
• Strong understanding of UAE financial regulations related to AML, CFT, and credit risk (CBUAE, DFSA, FSRA).
• Demonstrated experience in financial analysis, risk assessment, and credit scoring, especially for SMEs.
• Familiarity with compliance tools (e.g., screening, transaction monitoring, onboarding automation platforms).
• Strong analytical and investigative mindset with attention to detail.
• Excellent communication skills and ability to work independently in a fast-moving startup environment.
• Bachelor&aposs degree in finance, accounting, law, or a related field; certifications such as CAMS, ICA, CA, CPA or CFA are a plus.
• Proficiency in financial modeling and database management

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