Head of Compliance & MLRO - ADGM - FAB Asset Management

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading financial institution in UAE is seeking an experienced Compliance Officer to oversee AML and CTF frameworks while ensuring regulatory compliance. The ideal candidate should have strong knowledge of AML laws, certification from a recognized body, and proven skills in developing compliance policies. This is a full-time position requiring effective communication and comprehensive understanding of risk management.

Qualifications

• Proven ability to develop and implement AML compliance policies and internal controls.
• Robust understanding of compliance frameworks and risk management practices.

Responsibilities

• Oversee AML and counter-terrorism financing frameworks to protect the reputation and integrity.
• Conduct quality testing, identify deficiencies, and enhance reporting.
• Monitor and disseminate AML compliance regulations and changes.

Skills

Strong knowledge of AML laws and Regulations

Clear written and verbal communication skills

Understanding of high-risk Geographies and Industries

Education

Certification from a recognized regulatory body

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
• Manage a direct reporting line to the board and an administrative reporting line to the CEO .
• Regulatory reporting requirements
• Compliance systems (e.g .customer screening transaction screening AML monitoring)
• AML Policies Procedures and Controls.
• Risk appraisals and reviews
• Training

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.

REMOTE WORK

No

EMPLOYMENT TYPE

Full-time