Compliance Officer- UAE

DLocal; Abu Dhabi; On-site; AED 240,000 - 420,000; Full time

Job summary

DLocal is seeking a Compliance Officer in the UAE to join our global team. This role focuses on KYC onboarding, AML/CFT, and regulatory compliance for our payments and remittance services in the UAE.

You will oversee KYC onboarding, implement transaction monitoring improvements, and liaise with UAE regulators to ensure adherence to local and international standards. The ideal candidate has 4–6 years in AML/KYC within banking or fintech and a strong analytical mindset.

Qualifications

• Bachelor's degree in a relevant field; CAMS/ACAMS/ICA certifications preferred.
• 4–6 years of legal experience in AML, KYC, and transaction monitoring in banking or fintech.
• Proven experience in compliance within payments and remittances sectors.
• Hands-on automation experience (workflows, alerts, reporting systems).
• In-depth knowledge of UAE KYC, AML/CFT regulations and regulatory frameworks.
• Experience engaging with UAE regulators and building relationships.
• Strong analytical and problem-solving skills.

Responsibilities

• KYC onboarding oversight for new customers and updates for existing ones in UAE.
• Oversee and enhance transaction monitoring systems and processes.
• Serve as primary AML/CFT contact and interpret regulations for stakeholders.
• Stay updated on UAE payments regulatory changes and communicate them internally.
• Develop compliance procedures for remittances and cross-border payments.
• Conduct regular risk assessments and collaborate across departments.
• Prepare and report findings to internal and external stakeholders.
• Provide training on compliance policies and AML/CFT requirements.

Skills

KYC processes

AML/CFT knowledge

Regulatory compliance

Transaction monitoring

Risk assessment

Analytical skills

Stakeholder management

Education

Bachelor's degree

CAMS/ACAMS/ICA certifications

Job description

We are looking for a Compliance Officer in the UAE to join our global team. This role will play a crucial role in banking relationships as well as with internal reports.

This role is open to the whole of UAE.

What I will be doing

• KYC Onboarding:
• Oversee and manage the Know Your Customer (KYC) onboarding process for new customers and update existing ones in UAE
• Ensure compliance with local and international regulatory requirements related to customer identification and verification.
• Transaction Monitoring:
• Implement and enhance transaction monitoring systems to detect and report suspicious activities within the UAE context.
• Conduct periodic reviews and assessments to ensure the effectiveness of transaction monitoring processes.
• AML/CFT Compliance:
• Serve as the primary point of contact for AML/CFT matters in UAE
• Possess in-depth knowledge of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations in UAE
• Develop and enforce AML/CFT policies and procedures tailored to the UAE regulatory environment.
• Regulatory Compliance:
• Stay abreast of the regulatory landscape governing the payments industry in UAE
• Interpret and communicate regulatory changes especially those related to AML/CFT requirements to relevant stakeholders within the organisation.
• Establish and maintain strong relationships with regulators in UAE
• Remittance Compliance:
• Develop and implement compliance procedures specific to remittances and cross-border payments in UAE.
• Ensure adherence to regulatory requirements governing remittance services in the UAE market.
• Risk Assessments:
• Conduct regular risk assessments to identify and mitigate potential compliance risks within the UAE context.
• Collaborate with other departments to implement risk mitigation strategies.
• Reporting:
• Report findings and other compliance matters related to AML/CFT to different stakeholders in UAE in a clear and understandable manner.
• Ensure timely and accurate reporting to internal and external stakeholders as required by UAE regulations.
• Training and Awareness:
• Provide training to staff on compliance policies procedures and regulatory requirements with a specific focus on AML/CFT in the UAE market.
• Foster a culture of compliance awareness within the organisation.

What skills and qualifications do I need

• Bachelors degree in a relevant field; additional certifications (e.g. CAMS ACAMS ICA) are a must.
• 4-6 years of legal experience in consultancy firms AML Transaction Monitoring and KYC within the banking or fintech sector
• Proven experience in a compliance role within the financial services industry with a focus on payments and remittances.
• Hands-on experience in building or implementing compliance-related automations (e.g. workflows alerts reporting systems)
• In-depth knowledge of KYC processes transaction monitoring and AML/CFT regulations in UAE
• Familiarity with UAE regulatory frameworks for the payments industry.
• Experience in engaging with regulators in UAE and maintaining positive relationships.
• Strong analytical and problem-solving skills.

Required Experience:

Unclear Seniority