Junior Analyst - AML, FATCA and CRS Compliance

AlFuttaim; Dubai; On-site; AED 70,000 - 110,000; Full time

Job summary

Orient Insurance PJSC, part of Al-Futtaim Group, seeks a Junior Analyst to support AML, FATCA, CRS, and KYC compliance in Dubai. You will assist with client due diligence, document verification, regulatory reporting, and training material development within the UAE insurance sector.

The role requires 1–2 years of relevant AML/FATCA/CRS experience, a related bachelor’s degree, and UAE national status under Emiratization with Family Book. On-site work arrangement in Dubai.

Qualifications

• UAE national under the Emiratization programme with Family Book.
• Bachelor's degree in a related field (Law, Commerce, Business Administration, Finance).
• 1–2 years of AML, FATCA, and CRS compliance experience in UAE.
• Experience in insurance, banking or financial services is preferred.

Responsibilities

• Assist in implementing AML, FATCA and CRS procedures.
• Develop and enforce internal compliance policies.
• Ensure compliance activities meet UAE regulatory requirements for insurance.
• Maintain awareness of internal policies and industry best practices.

Skills

Analytical skills

Attention to detail

Time management

Communication skills

Regulatory knowledge

Education

Bachelor's degree in Law/Commerce/Business/Finance

Job description

Junior Analyst - AML, FATCA and CRS Compliance Job Snapshot - Role: Junior Analyst - AML, FATCA and CRS Compliance - Location: Dubai, United Arab Emirates - Industry: Insurance - Function: Risk Management-Compliance - Experience: 1-2 years of relevant compliance experience in the UAE - Job Type: Full Time - Work Arrangement: On-site

Position Overview

Orient Insurance PJSC, part of Al-Futtaim Group, is seeking a Junior Analyst to support its regulatory compliance activities in Dubai, United Arab Emirates. The role focuses on Anti-Money Laundering (AML), Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS), and Know Your Customer (KYC) requirements within the insurance sector. The Junior Analyst will assist the Compliance Department with client due diligence, document verification, regulatory reporting, compliance record management, and the implementation of internal policies and procedures. The position also involves coordinating with internal teams and external stakeholders to obtain accurate customer and tax residency information, identifying compliance gaps, supporting regulatory audits, and preparing training materials. This opportunity is designated for UAE nationals under the Emiratization programme, with a Family Book requirement. Candidates must have 1-2 years of relevant AML, FATCA, and CRS compliance experience within the UAE insurance, banking, or financial services sector, together with a relevant bachelor 's degree.

Job Details

Job Details - Country: United Arab Emirates - City: Dubai - Industry: Insurance - Function: Risk Management-Compliance - Salary: Not disclosed - Gender: No Preference - Candidate Nationality: UAE Nationals with Family Book - Job Type: Full Time - Work Arrangement: On-site - Job Requisition ID: 182302

Key Responsibilities

• AML, FATCA and CRS Compliance - Assist the Compliance Department in implementing procedures relating to AML, FATCA, and CRS regulations.
• Support the development and implementation of internal compliance policies and procedures.
• Ensure assigned compliance activities align with applicable UAE regulatory requirements for the insurance sector.
• Maintain awareness of relevant internal policies, regulatory obligations, and industry compliance practices.
• Coordinate with relevant departments to support consistent application of compliance procedures.
• Identify potential compliance gaps and escalat[e] concerns through appropriate channels.

Know Your Customer Documentation

• Collect, review, and validate customer KYC documentation.
• Obtain FATCA and CRS self-certification forms from relevant clients.
• Verify the accuracy and completeness of customer identification and tax residency information.
• Coordinate with internal and external stakeholders to obtain missing or updated documentation.
• Support KYC requirements during customer onboarding.
• Assist with ongoing customer documentation reviews to maintain compliance.
• Identify incomplete, inconsistent, or potentially inaccurate customer information.
• Escalate documentation deficiencies and unresolved issues to the Compliance Department.

Client Due Diligence and Tax Residency Verification

• Perform customer due diligence to determine FATCA and CRS classification.
• Review customer information to establish relevant tax residency status.
• Assess the completeness of submitted self-certification forms and supporting documentation.
• Follow up on missing customer information required for regulatory compliance.
• Support ongoing due diligence activities relating to AML, FATCA, and CRS requirements.
• Coordinate with relevant stakeholders to resolve customer documentation concerns.
• Maintain accurate records of completed reviews and outstanding requirements.

Regulatory Reporting

• Assist in preparing AML, FATCA, and CRS regulatory reports.
• Support the submission of required reports to the relevant regulatory authorities.
• Review supporting information for accuracy and completeness before reporting.
• Coordinate with internal stakeholders to obtain information required for regulatory submissions.
• Monitor reporting schedules and outstanding requirements.
• Ensure assigned reporting activities are completed within applicable deadlines and agreed turnaround times.
• Identify reporting discrepancies and escalat[e] issues requiring resolution.

Compliance Records and Documentation

• Maintain accurate records of AML, FATCA, and CRS documentation.
• Track customer due diligence and self-certification records.
• Ensure compliance documentation is maintained according to applicable record retention policies.
• Monitor outstanding documents and follow up with relevant stakeholders.
• Keep compliance tracking information accurate and up to date.
• Support the availability of relevant records for compliance reviews, regulatory inquiries, and audits.

Regulatory Queries and Audit Support

• Assist the Compliance Department in responding to regulatory inquiries.
• Gather relevant documentation and information for compliance audits.
• Coordinate with internal teams to obtain requested records.
• Support reviews relating to AML, FATCA, and CRS compliance activities.
• Identify documentation or process issues requiring corrective attention.
• Escalate relevant findings and outstanding compliance concerns.
• Help ensure information is provided within required timelines.

Compliance Training and Awareness

• Participate in training programmes relating to AML, FATCA, and CRS compliance.
• Develop training presentations and supporting materials.
• Conduct compliance training activities as required.
• Support awareness of relevant regulatory requirements and internal procedures.
• Maintain current knowledge of changes affecting AML, FATCA, CRS, and KYC compliance.
• Communicate relevant compliance requirements to internal stakeholders.

Stakeholder Coordination

• Communicate with internal departments regarding customer documentation and compliance requirements.
• Coordinate with clients and relevant external stakeholders to obtain necessary information.
• Follow up on outstanding KYC documents and tax residency details.
• Support effective communication between the Compliance Department and other business functions.
• Maintain professional relationships while handling compliance-related inquiries.
• Prioritize outstanding activities to meet reporting deadlines and agreed turnaround times.

Qualifications and Requirements

Nationality and Eligibility

• UAE national under the Emiratization programme.
• UAE Family Book required.

Educational Qualifications

• Bachelor 's degree in Law, Commerce, Business Administration, Finance, or a related field.

Professional Experience

• Minimum 1-2 years of relevant AML, FATCA, and CRS compliance experience in the UAE.
• Experience must be within the insurance, banking, or financial services sector.
• Practical knowledge of regulatory compliance requirements and customer due diligence.
• Familiarity with KYC documentation, FATCA and CRS self-certification, and related compliance processes.

Preferred Professional Certifications

• Certified Anti-Money Laundering Specialist (CAMS).
• International Compliance Association (ICA) certification.
• Equivalent relevant compliance certification.

Required Regulatory Knowledge

• Knowledge of Anti-Money Laundering requirements.
• Understanding of FATCA regulations and compliance procedures.
• Understanding of Common Reporting Standard requirements.
• Knowledge of Know Your Customer regulations.
• Familiarity with customer due diligence processes.
• Understanding of applicable UAE regulatory requirements.
• Awareness of internal controls and relevant industry best practices.
• Ability to recognize documentation gaps and potential compliance concerns.

Analytical and Professional Skills

• Strong analytical and problem-solving abilities.
• Excellent organizational and time management skills.
• Ability to prioritize multiple assignments under pressure.
• Strong attention to documentation accuracy and completeness.
• Effective interpersonal and communication skills.
• Ability to communicate professionally with clients and internal stakeholders.
• Good understanding of regulatory reporting requirements.
• Ability to follow established compliance procedures.
• Strong coordination and follow-up skills.
• Commitment to meeting regulatory deadlines and agreed turnaround times.

About Orient Insurance PJSC

Orient Insurance Company commenced operations in 1982 as part of Al-Futtaim Group and has developed an established position within the UAE insurance market. The company has a paid-up capital of AED 500 million and provides insurance services through a regional network of offices. Headquartered in Dubai, Orient Insurance operates through branches in Jebel Ali, Abu Dhabi, Al Ain, Sharjah, and Ras Al Khaimah in the UAE. Its regional presence also extends to Muscat in Oman, Riyadh in Saudi Arabia, and Bahrain. As part of Al-Futtaim Group, Orient Insurance operates within a diversified regional business organization with activities spanning automotive, financial services, real estate, retail, and healthcare.