Deputy MLRO

Eden Rose; Abu Dhabi; On-site; AED 380,000 - 520,000; Full time

Job summary

Eden Rose is seeking a Deputy MLRO in Abu Dhabi to support the MLRO and uphold an effective AML and financial crime framework in line with UAE law.

Reporting to the Compliance Officer, you will help draft policies, oversee client onboarding, conduct due diligence, and assist with regulatory submissions to strengthen controls.

Applicants should have a Bachelor's degree and substantial AML/compliance experience, with CAMS/ACAMS or ICA qualifications recognised as advantageous.

Qualifications

• Bachelor's degree in a relevant discipline is essential.
• Strong experience in a similar DMLRO/MLRO role within a regulated financial institution.
• Knowledge of UAE AML laws and FSRA framework.
• CAMS/ICA/CISI/ACAMS or equivalent qualifications are advantageous.

Responsibilities

• Assist in drafting, reviewing and updating AML policies, procedures, systems and controls.
• Oversee client onboarding and periodic reviews including CDD/EDD, ownership structures, beneficial ownership, PEP and sanctions screening.
• Support the implementation and ongoing enhancement of controls to mitigate AML/financial crime risks.
• Review alerts, investigate unusual activity, document outcomes and escalate material concerns.

Skills

AML/CFT knowledge

Regulatory compliance

Risk assessment

Education

Bachelor's Degree in a relevant discipline

Job description

Eden Rose is currently engaged with a financial institution within Abu Dhabi Global Market (ADGM) who are seeking a Deputy Money Laundering Reporting Officer (DMLRO) to support the MLRO.

Reporting to the Compliance Officer and MLRO you will support in establishing, implementing and maintaining an effective, practical and risk based AML and financial crime framework aligned with applicable UAE legislation.

Key Responsibilities:

• Assist in drafting, reviewing and updating policies, procedures, systems and controls
• Oversee efficient, risk-based client onboarding and periodic review, including CDD, EDD, complex ownership structures, beneficial ownership, PEP and sanctions screening
• Support the implementation, testing and ongoing enhancement of controls designed to identify and mitigate money laundering, terrorist financing, proliferation financing, sanctions and other financial crime risks.
• Support the transaction monitoring framework by reviewing alerts, investigating unusual activity, documenting outcomes and ensuring timely escalation of material concerns.
• Review internal reports of potentially suspicious activity and assist the MLRO with assessment, documentation and submission of SARs/STRs through the reporting framework, and with other required regulatory reports where relevant.
• Support the development, review and ongoing maintenance of the Business-Wide Risk Assessment
• Provide practical, solutions-oriented advice to business and operational teams while ensuring that legal and regulatory obligations, internal policies and the firm's risk appetite are appropriately maintained.
• Support financial crime training and awareness activities, including targeted guidance for front office, onboarding, operations and other relevant control functions.
• Assist the MLRO with regulatory interactions, information requests, inspections, audits, governance processes and regulatory submissions, and deputise for the MLRO when required and appropriately authorised.
• Drive improvements to systems, data, controls and processes that strengthen AML/CFT compliance, improve auditability and support efficient and responsible business growth.
• Know and comply with the Company's internal policies, procedures, regulations, and other governing documents related to both the Department's activities and the Company's operations as a whole.
• Maintain knowledge of and comply with all applicable laws, regulations, methodological guidelines, and technical standards relevant to the role.
• Any other ad hoc tasks related to the role and responsibilities set out in this Job Description.

The Deputy MLRO will hold a Bachelors' Degree in a relevant discipline and have strong experience in a similar role ideally within a FSRA regulated financial institution or equivalent. You will have strong practical knowledge of the relevant AML framework and requirements, client due diligence, financial crime controls and control functions, supported by relevant AML/CFT, financial crime or regulatory compliance experience. Relevant professional qualifications such as CAMS, ICA, CISI, ACAMS or equivalent would be advantageous.