Dubai MLRO & Compliance Leader | DFSA & DIFC

Nedbank Private Wealth; Dubai; On-site; AED 300,000 - 600,000; Full time

Job summary

Nedbank Private Wealth is seeking a Compliance Officer and Money Laundering Reporting Officer for its Dubai DIFC entity. The role involves independent oversight of regulatory compliance and financial crime matters, including DFSA rules, UAE AML laws, and governance reporting.

You will lead risk assessments, client due diligence, and sanctions controls while advising senior management on regulatory developments.

Qualifications

• Experience in DFSA, DIFC regulatory requirements and international AML/CFT standards.
• Experience acting as MLRO or senior compliance function in a regulated financial institution.
• Strong knowledge of private banking, wealth management and investment services regulatory requirements.

Responsibilities

• Act as designated Compliance Officer and MLRO for the DIFC entity.
• Coordinate responses to regulatory enquiries, inspections and information requests.
• Develop and oversee the compliance monitoring programme and risk assessments.
• Maintain AML, sanctions and financial crime governance records and reports.
• Advise management on DFSA rules and regulatory obligations.
• Oversee client onboarding, due diligence and enhanced due diligence processes.
• Prepare and present compliance and financial crime reports to governance committees.

Skills

Compliance

Financial crime

AML

Regulatory risk

Stakeholder management

Communication

Education

Compliance qualification

Job description

Nedbank Private Wealth is seeking a Compliance Officer and Money Laundering Reporting Officer for its Dubai DIFC entity. The role involves independent oversight of regulatory compliance and financial crime matters, including DFSA rules, UAE AML laws, and governance reporting.

You will lead risk assessments, client due diligence, and sanctions controls while advising senior management on regulatory developments.