KYC Officer

Talent Bridge HR Consultancy Dubai; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading commodity trading firm in Dubai seeks a KYC Officer to ensure compliance with AML regulations and conduct thorough due diligence on clients. The ideal candidate will have 3-5 years in KYC or financial compliance and be proficient in relevant regulations. This position offers a competitive tax-free salary and a comprehensive benefits package including health insurance and professional development opportunities in a dynamic trading environment.

Benefits

Competitive tax-free salary

Comprehensive benefits package

Health insurance

Professional development and training

Qualifications

• Minimum 3-5 years of experience in KYC AML or financial compliance.
• Experience in commodity trading financial institutions or corporate compliance.
• Strong understanding of global sanctions regulations and UAE financial compliance laws.

Responsibilities

• Conduct customer due diligence and enhanced due diligence on clients.
• Verify corporate structures, beneficial ownership and source of funds for counterparties.
• Maintain KYC documentation, risk profiles and compliance records.
• Ensure compliance with UAE regulations and global AML frameworks.
• Monitor transactions for suspicious activities and report potential risks.
• Prepare KYC risk reports for senior management and audits.

Skills

KYC procedures

Risk management

Analytical skills

Problem-solving skills

Communication skills

Stakeholder management

Education

Bachelor's degree in Finance, Law, Business or related field

Certification in AML KYC or Compliance (e.g. CAMS, ICA or equivalent)

Tools

KYC automation tools

Compliance software

Financial risk screening systems

Job description

KYC Officer KYC Analyst AML Commodity Trading Jobs in Dubai

Location: Dubai United Arab Emirates
Job Type: Full Time
Industry: Commodity Trading / Financial Compliance
Reports to: Head of Compliance / Legal & Risk Director

Job Description

A leading commodity trading firm in Dubai is seeking an experienced KYC Officer to oversee Know Your Customer (KYC) processes due diligence and regulatory compliance. This role is crucial in ensuring the company adheres to international AML (Anti-Money Laundering) regulations, UAE financial laws and global trade compliance standards.

The ideal candidate will have a strong background in KYC AML regulations and risk assessment within commodity trading financial services or corporate compliance.

Key Responsibilities

KYC & Due Diligence

• Conduct customer due diligence (CDD) and enhanced due diligence (EDD) on new and existing clients.
• Verify corporate structures, beneficial ownership and source of funds for counterparties.
• Maintain and update KYC documentation, risk profiles and compliance records.
• Perform sanctions screening, adverse media checks and risk classification of trading partners.

Regulatory Compliance & AML Monitoring

• Ensure compliance with UAE regulations, FATF guidelines and global AML frameworks.
• Monitor transactions for suspicious activities and report any potential risks.
• Liaise with regulatory authorities, banks and internal compliance teams regarding KYC and AML matters.
• Assist in the development and enforcement of internal compliance policies and procedures.

Risk Assessment & Reporting

• Assess potential financial crime risks, sanctions risks and trade-based money laundering threats.
• Prepare KYC risk reports for senior management and regulatory audits.
• Implement and enhance risk mitigation strategies to ensure robust compliance.
• Conduct internal audits and compliance reviews related to KYC processes.

Technology & Process Improvement

• Work with KYC automation tools, risk screening databases and compliance software.
• Ensure accurate data entry and management of client onboarding systems.
• Recommend and implement process improvements for KYC and AML compliance.

Candidate Requirements

Experience

• Minimum 35 years of experience in KYC AML or financial compliance.
• Experience in commodity trading financial institutions or corporate compliance.
• Strong understanding of global sanctions regulations (OFAC, EU, UN) AML directives and UAE financial compliance laws.

Education & Certification

• Bachelors degree in Finance, Law, Business or a related field Required.
• Certification in AML KYC or Compliance (e.g. CAMS, ICA or equivalent) Preferred.

Skills & Competencies

• Strong knowledge of KYC procedures, financial crime prevention and risk management.
• Detail-oriented with excellent analytical and problem-solving skills.
• Proficiency in KYC automation tools, compliance software and financial risk screening systems.
• Strong communication and stakeholder management skills to work with clients and regulatory bodies.
• Ability to handle high-pressure environments and tight compliance deadlines.

Benefits & Compensation

• Competitive tax-free salary in Dubai.
• Comprehensive benefits package including health insurance and paid leave.
• Professional development and training in compliance and regulatory affairs.
• Opportunity to work in a prestigious commodity trading firm with global market exposure.

Similar Job Titles in Dubai

• KYC Analyst
• AML Compliance Officer
• Financial Crime Compliance Specialist
• Risk & Compliance Officer
• Trade Compliance Specialist

To Apply

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About Us

Talent Bridge HR Consultancy is a Headhunting Company in Dubai specializing in Executive Search.
Your trusted Recruitment Agency in Dubai for hiring the best Talent in Dubai.
International Recruitment Consultancy in Dubai.