Deputy Head of Compliance and MLRO

Capital Com SV Investments Limited; Dubai; On-site; AED 360,000 - 600,000; Full time

Job summary

Capital Com SV Investments Limited seeks an AML-CFT and Compliance professional in the UAE to support the MLRO, review internal suspicious activity reports, and assist with external reporting obligations. The role involves KYC and CDD/EDD reviews, sanctions and PEP screening, and ongoing policy and training improvements.

You will collaborate with the Head of Compliance and senior management, maintain regulatory registers, and help prepare materials for regulatory inspections and boards.

Qualifications

• Experience in compliance and AML/CFT within a regulated financial services business.
• Working knowledge of UAE financial services regulations, including SCA/CMA requirements.

Responsibilities

• Act as deputy to the MLRO when required and receive/assess internal suspicious activity reports.
• Support client risk assessments and due diligence reviews including high-risk clients and periodic KYC reviews.
• Support AML/CFT controls, sanctions/PEP screening, and investigation of alerts; assist regulator and law enforcement requests.
• Maintain and improve AML CFT policies, procedures and training materials.
• Monitor compliance with applicable UAE laws and internal CMPs; track findings and remediation actions.
• Prepare compliance reports and management information for Head of Compliance, senior management and Board.
• Review regulator-facing documents for accuracy and completeness before sign-off.

Job description

AML-CFT Support

• Act as deputy to the MLRO when required


• Receive and assess internal suspicious activity reports


• And help determine whether external reporting SAR STR obligations arise


• Maintain appropriate records relating to suspicious activity reporting and AML risk assessments


• Support the effectiveness of AML transaction monitoring and sanctions PEP screening controls including review of alerts adverse media hits and suspicious activity investigations


• Assist the MLRO in responding to regulator and law enforcement requests relating to financial crime including regulatory inspections audits and financial crime reviews


• Help maintain and improve AML CFT policies procedures and training materials

Client Risk KYC amp Due Diligence

• Support client risk assessments and due diligence CDD EDD reviews including for high-risk clients


• Review high-risk client onboarding and periodic KYC reviews


• Provide compliance guidance on client acceptance and related regulatory matters


• Support KYC remediation and control enhancement initiatives

Compliance amp Regulatory Support

• Monitor compliance with SCA CMA regulations applicable UAE laws and internal policies escalating gaps as they arise


• Review findings from the annual Compliance Monitoring Plan CMP and compliance testing and ensure remediation actions are completed on time


• Maintain compliance registers including breaches conflicts of interest and regulatory obligations keeping them accurate and current


• Track regulatory developments relevant to CCMENA and help assess their business impact


• Support the Head of Compliance in tracking open regulatory findings and remediation items keeping ownership and status visible


• Help prepare the business for regulatory inspections and supervisory engagement including drafting briefing materials and supporting documentation


• Prepare compliance reports and management information for the Head of Compliance senior management and the Board


• Review compliance and regulator-facing documents for accuracy consistency and completeness ahead of Head of Compliance sign-off


• Provide general compliance support to the Head of Compliance as priorities arise including research drafting and coordination across stakeholders

Risk Assessment amp Control Environment

• Conduct and contribute to risk assessments and Risk amp Control Self-Assessments RCSAs across the compliance and AML CFT control environment


• Maintain and develop compliance controls identifying gaps and recommending enhancements in response to emerging or changing risks


• Stay alert to emerging regulatory financial crime and operational risks relevant to the business escalating concerns proactively


• Review new and existing products for compliance and financial crime risk implications providing input into sign-off as required


• Assess strategic initiatives and business changes for compliance risk impact ensuring appropriate controls are considered before launch

Experience and Qualifications

• Experience in compliance and AML/CFT within a regulated financial services business, with the ability to support the MLRO and handle sensitive financial crime matters.


• Working knowledge of UAE financial services regulations, including applicable SCA/CMA requirements.


• Experience reviewing suspicious activity, transaction monitoring alerts, sanctions and PEP screening results, and adverse media findings.


• Strong understanding of client risk assessments, CDD, EDD, high-risk onboarding, and periodic KYC reviews.


• Experience assessing compliance controls, documenting findings, and tracking remediation through to completion.


• Ability to assess the compliance and financial crime risks of new products, business changes, and strategic initiatives.


• Strong analytical and drafting skills, including the ability to prepare clear risk assessments, management reports, and regulator-facing materials.


• Sound judgement, attention to detail, and the confidence to escalat[e?] concerns and advise stakeholders across the business.


• Excellent written and verbal English communication skills.