Head of Compliance & MLRO - ADGM - (Asset Management)

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 250,000 - 360,000; Full time

Job summary

A leading bank in the UAE is seeking an AML Compliance Manager to oversee and ensure compliance with AML policies and procedures. The role involves reviewing documentation, conducting training, and maintaining regulatory standards. Candidates must have a strong understanding of AML laws and at least 8 years of experience in a compliance role.

Qualifications

• 8+ years of experience in compliance within an AML unit.
• Strong knowledge of AML and counter-terrorist financing laws.
• Ability to develop and implement internal controls.

Responsibilities

• Oversee AML and CTF frameworks for compliance.
• Conduct quality testing and recommend corrective actions.
• Monitor and disseminate compliance regulations.

Skills

AML Compliance

Risk Management

Regulatory Knowledge

Communication Skills

Education

Compliance Certification

Bachelor’s Degree

Job description

JOB PURPOSE:

Review and ensure that anti-money laundering (AML) Policies Procedures and controls cover all applicable laws and regulations with a particular focus on ADGM regulatory scope and FRSA. . Review the account opening documentation and client onboarding due diligence checks in accordance with KYC procedures and requirements. Update the AML manual according to the AML Module and Internal Rules. Design and deliver training for business and functional teams. Ensure sufficient review of applicable audit findings and the evaluation of the businesss corrective action plans .

KEY ACCOUNTABILITIES:

• Oversee AML and counter-terrorist financing (CTF) frameworks to protect FAB Asset Managements reputation and integrity.
• Ensure fulfilment of the regulatory compliance requirements
• Conduct quality testing identify process deficiencies enhance reporting and recommend corrective actions to meet regulatory and audit requirements.
• Review and collaborate with internal partners to respond appropriately to escalated matters
• Monitor & disseminate AML/compliance regulations and policy changes
• Regulatory reporting requirements
• Compliance systems (e.g .customer screening transaction screening AML monitoring)
• AML Policies Procedures and Controls.
• Risk appraisals and reviews
• Training

#LI-SD1

Qualifications :

• Strong knowledge of AML/counter-terrorist financing (CIF) laws and Regulations compliance frameworks and risk management practices with a Certification from a recognized regulatory body .
• Robust understanding of legal and regulatory compliance
• Clear and concise written and verbal communication skills
• Good understanding of AML risk including higher risk Geographies Industries and products
• Proven ability to develop and implement AML and Compliance Policies Procedures and internal controls.
• Minimum 8 years of experience in Compliance - AML Unit

Remote Work :

No

Employment Type :

Full-time