Compliance Officer

Creation Business Consultants; Dubai; On-site; AED 70,000 - 110,000; Full time

Job summary

Creation Business Consultants is seeking a Compliance Officer to support the MLRO in ensuring AML/CFT regulatory compliance. The role includes leading compliance efforts, conducting due diligence, and updating policies and controls across the organization in Dubai.

The ideal candidate has 3+ years of experience as a compliance officer within corporate/financial services, with DFSA/ADGM-regulated exposure. CAMS or ICA certifications are preferred, and the role emphasizes risk assessment and

Qualifications

• Bachelor’s degree in finance, law, business, or related field.
• 3+ years’ experience as a compliance officer within corporate/financial services, preferably in a DFSA/ADGM-regulated environment.
• CAMS or ICA certification preferred.

Responsibilities

• Support the MLRO in AML/CFT compliance and implement policies.
• Conduct advanced investigations into flagged transactions and breaches and recommend corrective actions.
• Manage internal blacklists and ensure compliance systems are effective and up to date.
• Coordinate regulatory inquiries with authorities such as DFSA, ADGM, and MOE.
• Provide guidance on regulatory requirements to departments and engage with clients on complex compliance matters.
• Assist with contract renewals to ensure adherence to AML/CFT regulations.

Skills

AML/CFT regulations

Due diligence

Regulatory reporting

Risk assessment

Stakeholder communication

Education

Bachelor’s degree in finance, law, or business

CAMS or ICA certification (preferred)

Job description

The Compliance Officer will support the Money Laundering Reporting Officer (MLRO) in ensuring the organization’s full compliance with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. This includes leading compliance efforts, conducting in-depth due diligence, managing risk assessments, and driving the implementation of AML/CFT policies and controls.

Key Responsibilities

Compliance Operations:

• Conduct advanced investigations into flagged transactions or compliance breaches and recommend corrective actions
• Manage and update internal blacklists and ensure compliance systems are effective and up to date
• Coordinate compliance-related responses to inquiries from regulatory authorities, such as the DFSA, ADGM, and MOE

Client Facing:

• Collect, review, and validate client identification and verification documents, ensuring full compliance with AML/CFT regulations
• Provide guidance to departments on regulatory requirements, new products, and permissible activities to promote best practices
• Communicate updates, changes, and insights to MLRO and senior management, business development, and client-facing teams to strengthen the organization’s compliance framework
• Engage directly with clients on complex compliance matters, explaining regulatory requirements and addressing escalations
• Support contract renewals by ensuring adherence to AML/CFT regulations

Regulatory Updates and Audits:

• Stay up to date with regulatory changes, ensuring the company’s policies and procedures align with current requirements
• Participate and provide training and timely updates to employees on AML/CFT regulations, policies, and procedures
• Collaborate and communicate effectively to foster a culture of compliance throughout the organization and participate in blogs , seminars and other relevant activities
• Monitor regulatory changes and support policy updates in coordination with the MLRO
• Assist in internal and external compliance audits, ensuring findings are addressed promptly

Collaboration and Communication:

• Coordinate with cross-functional teams to align compliance practices with business operations
• Assist to prepare periodic reports to the MLRO and senior management

Experience and education

• Bachelor’s degree in finance, law, business, or a related field
• Certifications such as Certified Anti-Money Laundering Specialist (CAMS) or International Compliance Association (ICA) preferred.
• 3+ years’ experience as a compliance officer within the corporate services/ financial industry preferably within a DFSA/ADGM -regulated environment