Compliance Executive

Ashoka Global; Dubai; On-site; AED 45,000 - 78,000; Full time

Job summary

Ashoka Global DMCC is seeking a dedicated Compliance Executive to ensure our operations meet regulatory requirements. The role requires establishing, implementing, and monitoring compliance programs and policies.

Responsibilities include maintaining AML/FT policy, performing KYC checks, using screening software, auditing for gaps, and reporting via GOAML. Degree in law/finance/business and UAE experience are expected.

Qualifications

• Bachelor's degree in law, finance, business management, or a related field.
• 2+ years prior experience in risk management or compliance roles in UAE.
• Must have, or be willing to obtain, a compliance certification.
• Excellent analytical skills and ability to interpret complex documents and policies.

Responsibilities

• Manage and maintain updated AML/FT compliance policy.
• Conduct thorough KYC checks on new clients and verify identities.
• Perform KYC screening checks using screening software for sanctions and UBOs.
• Review client applications for completeness and accuracy.
• Determine compliance metrics and set up tracking system.
• Verify legal documents and metal agreements.
• Audit procedures to identify weaknesses or risks and create action plans.
• Educate employees on latest regulations and processes.
• Submit DPMS and STR reports via the GOAML portal.

Skills

KYC checks

AML compliance

Regulatory reporting

Risk assessment

Analytical skills

Attention to detail

Teamwork

Communication

Education

Bachelor's degree in law/finance/business

Tools

GOAML

KYC software

Job description

Experience: Seeking a dedicated Compliance Executive

Ashoka Global DMCCis seeking a dedicated and detail-oriented Compliance Executive to ensure our operations align with legal and regulatory requirements. The ideal candidate will establish, implement, and monitor effective compliance programs while fostering a culture of ethical conduct.

Key Responsibilities:

• Manage and maintain updated AML/FT compliance policy.
• Conduct thorough KYC checks on new clients to verify identities, including document verification and KYC forms data entry and public domain research
• Perform KYC screening checks over a screening software designed for identifying sanctioned entities and their UBOs and negative media hits.
• Review and assess client applications and ensure all required information is accurate and complete
• Determine compliance metrics and establish a system for tracking them.
• Verify Metal agreements and legal documents.
• Regularly audit company procedures, practices, and documents to identify possible weaknesses or risks.
• Create and manage effective action plans responding to audit discoveries and the identified gaps.
• Ensure all employees are informed and aware about the latest regulations and processes
• Submission of the DPMS and STR reports over the GOAML portal.

Qualifications & Skills:

• Bachelor's degree in law, finance, business management, or a related field
• 2+ years prior experience in risk management or compliance roles in UAE
• Superior attention to detail in order to identify and correct risky practices.
• Possess a collaborative personality and be open to suggestions from team members.
• Excellent analytical skills and ability to accurately interpret complex documents and policies.
• Self-motivated and teamwork player.

Requirements:

• 2 + years of Compliance experience in the UAE
• Must have, or be willing to obtain, a compliance certification.

Salary: AED4,000.00 - AED7,000.00 per month

Experience:

• Compliance: 2 years In UAE (Required)