Compliance Officer- UAE

DLocal; Remote; AED 150,000 - 200,000; Full time

Job summary

A leading financial services company is looking for a Compliance Officer in the UAE. The successful candidate will oversee KYC onboarding and ensure AML/CFT compliance within the regulatory framework of the UAE. Responsibilities include implementing transaction monitoring systems, engaging with regulators, and providing compliance-related training. The role requires a bachelor's degree, relevant certifications, and 4-6 years of experience in the banking or fintech sector. Strong analytical skills and a comprehensive understanding of UAE regulations are essential.

Qualifications

• 4-6 years of legal experience in compliance with a focus on AML, KYC in banking or fintech.
• Experience engaging with UAE regulators and building compliance automations.

Responsibilities

• Oversee and manage KYC onboarding for new customers.
• Implement transaction monitoring systems to detect suspicious activities.
• Serve as primary contact for AML/CFT matters.
• Stay updated on the regulatory landscape in the UAE.
• Conduct risk assessments and reporting related to compliance.

Skills

KYC Onboarding

Transaction Monitoring

AML/CFT Compliance

Regulatory Compliance

Risk Assessments

Analytical Skills

Education

Bachelor's degree in a relevant field

Certifications (e.g. CAMS, ACAMS, ICA)

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.

Responsibilities

• 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.

Qualifications

• Bachelor's 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