MLRO/ Financial Crime Manager

Edenred UAE; Dubai; On-site; AED 150,000 - 210,000; Full time

Job summary

The MLRO / Financial Crime Manager at Edenred UAE is the designated Money Laundering Reporting Officer and Compliance Officer, owning the organization’s AML/CFT program end-to-end. The role ensures an effective risk-based approach to detect and report suspicious activity, and reports regularly to Senior Management, the Head of Compliance/CLCO, and the Board.

This position also oversees the design, tuning, and effectiveness of transaction monitoring and screening for financial crime and fraud,

Responsibilities

• MLRO Designation and Program Ownership: Act as the designated MLRO in line with Financial Crime Regulations, owning, designing, and continuously enhancing the organization's AML/CFT program, including its governance, policies, procedures, and controls, aligned with UAE law, CBUAE regulations and Guidelines, and international standards.
• Detection and Investigation:

Job description

ABOUT EDENRED

Edenred is the leading digital platform for corporate services in the areas of benefits, professional mobility, and B2B payments.

Operating in 44 countries, it connects more than 60 million users to over 2 million partner merchants through more than 1 million client companies.

Edenred offers solutions dedicated to employee engagement (meal vouchers, commuting, gift vouchers, wellness, rewards, and preferential offers to boost purchasing power), mobility (multi-energy solutions, including EV charging, fleet management services, maintenance, toll, and parking), and corporate payments (virtual cards). In addition to its own solutions, Edenred also distributes offers from more than 120 partners on its platform.

True to the Group's purpose, "Enrich connections. For good.", these solutions enhance users' well-being and purchasing power and simplify the lives of professional drivers while promoting access to healthier food, more environmentally friendly products, and more sustainable mobility. They improve the attractiveness and efficiency of businesses and vitalize the employment market and the local economy.

Edenred's 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.

In 2024, thanks to its global technology assets, the Group generated a business volume of nearly €45 billion, mainly through mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC Next 20, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good, DJSI Europe Index, DJSI World Index, and MSCI Europe.

THE UAE CONTEXT

Edenred UAE is a fast growing payroll service provider serving more than 15,000 business and more than 2.2 million unbanked employees. We service over 10 banks and 35 financial institutions. We offer a unique value proposition for companies to manage their payroll and for employees to receive their salaries and use it in the simplest way offering multiple value added services via our mobile app (money transfer, mobile recharge and card services).

THE ROLE

The MLRO / Financial Crime Manager is the designated Money Laundering Reporting Officer (MLRO) and Compliance Officer, within the meaning of the UAE AML/CFT Decision and CBUAE Guidelines, and owns the organization's AML/CFT program end-to-end. The role holder is ultimately responsible for ensuring an appropriate AML/CFT program exists, that the organization deploys an effective risk-based approach to detect and report suspicious activity, and for the identification, investigation, and reporting of suspicious activity related to money laundering, terrorist financing, financial crime, and fraud. The role owns the design, tuning, and effectiveness of transaction monitoring and screening for both financial crime and fraud typologies, manages the FinCrime and Fraud team, and acts with independence in decision-making on matters within its remit. The MLRO / Financial Crime Manager is the organization's primary point of contact with the CBUAE, the Financial Intelligence Unit (FIU), and law enforcement agencies on AML/CFT and financial crime matters, and provides Senior Management, the Head of Compliance/CLCO, and the Board with clear, regular reporting on program effectiveness. This role is subject to CBUAE approval as the Company's Money Laundering Reporting Officer.

RESPONSIBILITIES

• MLRO Designation and Program Ownership: Act as the designated MLRO in line with Financial Crime Regulations, owning, designing, and continuously enhancing the organization's AML/CFT program, including its governance, policies, procedures, and controls, aligned with UAE law, CBUAE regulations and Guidelines, and international standards.

• Detection and Investigation: