Manager - Compliance Onboarding Officer

Emirates Investment Bank pjsc; Dubai; On-site; AED 180,000 - 250,000; Full time

Job summary

A prestigious banking institution in Dubai is seeking a Senior Compliance Officer to oversee client onboarding and KYC processes. The candidate should have over 8 years of experience in the banking or financial sector, with proven expertise in compliance and regulatory frameworks. This role plays a critical part in maintaining the integrity of banking operations while managing a team of compliance officers.

Qualifications

• 8+ years of experience as Compliance Officer in Banking/Financial Sector, preferably Wealth Management.
• Experience working within a UAE Central Bank/DFSA/FSRA regulated entity.

Responsibilities

• Conduct KYC investigations on clients and approve onboarding.
• Monitor client transactions and report findings.
• Manage compliance screening of transactions.

Skills

Client onboarding

KYC investigations

Compliance screening

Financial Crime compliance policies

Team management

Education

CAMS or equivalent

Job description

Private Banking | Strategic Talent Acquisition | Recruitment Manager – Banking | UAE-Focused Hiring

Job Purpose:

As a Senior Compliance Officer, the Manager, play a crucial role in the Compliance Team, ensuring that all client onboarding & KYC review processes adhere to regulatory requirements. Work closely with various internal stakeholders to maintain a robust compliance framework and contribute to the overall integrity of our banking operations

Key Accountabilities:

Onboarding & KYC Reviews

• Conduct KYC investigations on clients and approving on-boarding of new client relationships.
• Conduct ongoing monitoring of client transactions and report findings to the Director.
• Conduct ongoing compliance screening of all client transactions and report issues to the Director.
• Carry out timely and ongoing follow-up with relationship managers for outstanding client transaction queries.
• Conduct thorough due diligence on new clients, ensuring compliance with regulatory requirements and internal policies.
• Review and assess client profiles, identifying and escalating any high-risk factors.
• Manages and teams with less experienced Compliance Officers.
• Ensure all Central Bank customer information requests are reviewed and responded to in a timely manner.
• Help to create and maintain Financial Crime compliance policies and procedures and ensure adherence to such procedures at all times.
• Provide compliance advice to the business in a timely and professional manner.

Experience & Qualification:

• Minimum 8+ years of experience as Compliance officer in similar role, in Banking/Financial Sector in a Wealth Management entity.
• Proven experience of working within a UAE Central Bank/ DFSA/ FSRA regulated entity
• CAMS or equivalent.

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