Head of Compliance & MLRO - ADGM

First Abu Dhabi Bank FAB; Abu Dhabi; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading bank in Abu Dhabi is seeking a Head of Compliance & MLRO specializing in AML and counter-terrorist financing. The role involves overseeing compliance frameworks, managing risks, and ensuring adherence to regulatory requirements. Candidates should possess strong knowledge of AML laws and significant experience in compliance management.

Qualifications

• Minimum of 8 years of experience in AML compliance.
• Certification from a recognized regulatory body.
• Knowledge of high-risk geographies and industries.

Responsibilities

• Oversee AML and CTF frameworks.
• Ensure compliance with regulatory requirements.
• Conduct quality testing and identify process deficiencies.
• Provide AML and compliance training.

Skills

Strong knowledge of AML laws

Excellent communication skills

Understanding of legal compliance

Risk management knowledge

Education

Bachelor of Business Administration

Job description

Bachelor of Business Administration (Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

Job Purpose:

Review and ensure that anti-money laundering (AML) policies, procedures, and controls comply with all applicable laws and regulations, focusing on ADGM regulatory scope and FRSA. Review account opening documentation and client onboarding due diligence checks in accordance with KYC procedures. Update the AML manual based on the AML module and internal rules. Design and deliver training for business and functional teams. Ensure thorough review of audit findings and oversee the implementation of corrective actions.

Key Accountabilities:

• Oversee AML and counter-terrorist financing (CTF) frameworks to protect FAB Asset Management's reputation and integrity.
• Ensure compliance with regulatory requirements.
• Conduct quality testing, identify process deficiencies, improve reporting, and recommend corrective actions.
• Collaborate with internal partners to respond to escalated matters.
• Monitor and communicate AML/regulatory policy changes.
• Ensure compliance with regulatory reporting requirements.
• Manage compliance systems such as customer screening, transaction monitoring, and AML monitoring.
• Maintain AML policies, procedures, and controls.
• Perform risk assessments and reviews.
• Provide AML and compliance training.

Desired Candidate Profile

Qualifications:

• Strong knowledge of AML and counter-terrorist financing laws, regulations, compliance frameworks, and risk management, with certification from a recognized regulatory body.
• Understanding of legal and regulatory compliance.
• Excellent written and verbal communication skills.
• Knowledge of AML risk, including high-risk geographies, industries, and products.
• Experience in developing and implementing AML policies, procedures, and internal controls.
• Minimum of 8 years of experience in AML compliance.

Company Industry

• Banking
• Broking

Department / Functional Area

• Finance
• Treasury

Keywords

• Head Of Compliance & MLRO - ADGM

Disclaimer: Naukrigulf.com is a platform connecting jobseekers and employers. Applicants should independently verify the legitimacy of employers. We do NOT endorse requests for money or sharing personal/bank details. For security advice, visit our website. Report fraud to [e-mail].