Senior AML Analyst I Dubai | Financial Services| Orient Insurance PJSC

ACCA Careers; Dubai; On-site; AED 240,000 - 420,000; Full time

Job summary

Orient Insurance PJSC in Dubai seeks a Senior AML Analyst to join its Insurance Division. The role focuses on developing and overseeing AML, CTF, CPF, FATCA, and CRS programs, ensuring regulatory compliance, risk assessments, and strong governance across the organization.

You will work with internal departments, regulators, and senior management to address issues, deliver training, and maintain meticulous documentation while keeping abreast of evolving requirements.

Qualifications

• Minimum of 5 years AML/CTF/CPF/FATCA/CRS compliance experience in banking, insurance or related industries.
• Bachelor’s degree in law, finance, commerce, business administration or related field.
• CAMS or ICA certifications preferred.
• Excellent communication skills with stakeholders and senior management.
• Strong organizational and time management abilities.

Responsibilities

• Develop, implement, review, and enhance AML, CTF, CPF, FATCA, and CRS policies and procedures.
• Provide compliance oversight, governance of regulatory requirements.
• Coordinate with internal departments for due diligence documents and resolve compliance issues.
• Execute due diligence activities per defined processes and regulatory guidelines.
• Conduct risk assessments and client risk assessments; maintain documentation per retention policy.
• Ensure timely regulatory reporting and elevate delays.
• Provide input into screening and transaction monitoring systems; support implementation.
• Identify red flags and compliance gaps related to KYC and onboarding.
• Conduct investigations and prepare SARs/STRs; review team cases.

Skills

Communication skills

AML/CTF expertise

Regulatory knowledge

Stakeholder engagement

Training & mentoring

Education

Bachelor’s degree in law, finance, commerce or related

CAMS/ICA certifications preferred

Tools

Regulatory reporting systems

Job description

About Al-Futtaim

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long‑term value for customers, communities and partners while building a responsible legacy for future generations.

About Al-Futtaim

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long‑term value for customers, communities and partners while building a responsible legacy for future generations.

Job Role

We are currently seeking a Senior AML Analyst to join our Insurance Division.

Job Responsibilities

• Develop, implement, review, and enhance AML, CTF, CPF, FATCA, and CRS policies and procedures.
• Provide compliance oversight, guidance, and governance of all applicable regulatory requirements.
• Regularly coordinate and follow up with internal departments to obtain required due diligence documents and resolve complex compliance-related issues.
• Execute and oversee due diligence activities in accordance with defined processes and applicable regulatory guidelines.
• Conduct and review enterprise-wide risk assessments and client risk assessments in accordance with established procedures and regulatory requirements.
• Monitor and ensure that relevant documentation is maintained in accordance with the record retention policy.
• Ensure all reporting timelines are met in accordance with agreed Turnaround Times (TATs) and elevate delays where necessary.
• Support and provide input into the screening and transaction monitoring systems review, enhancement, and implementation.
• Identify and assess red flags, control gaps, and compliance issues relating to KYC and client onboarding.
• Conduct complex investigations and prepare Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs), including reviewing cases prepared by team members.
• Liaise with regulators and supervisors in connection with the AML, CTF, CPF, FATCA, and CRS program and related regulatory matters.
• Build and maintain strong partnerships with Internal Audit, Operations, Business Development, and other stakeholders in connection with the AML, CTF, CPF, FATCA, and CRS programs.
• Work with leaders across the organization to address, track, and resolve related open issues in a timely and effective manner.
• Provide AML, CTF, CPF, FATCA, and CRS compliance advice to business units and support the Compliance Committee by organizing and participating in Compliance Committee meetings.
• Ensure the timely and accurate filing of regulatory reports with the relevant regulator.
• Develop training materials, deliver training sessions, and provide guidance relating to AML, CTF, CPF, FATCA, and CRS requirements.
• Assist in the planning, execution, and review of AML, CTF, CPF, FATCA, and CRS compliance reviews, including the analysis of results and recommendations.
• Work with business lines during testing to understand control processes, identify control deficiencies, and support the implementation of corrective action plans.
• Communicate and present compliance matters to various levels of management to ensure compliance with applicable regulatory and internal requirements.
• Maintain ongoing awareness and expert knowledge of all applicable internal and external AML, CTF, CPF, FATCA, and CRS regulatory requirements, and identify any issues that could impact the Institution.
• Review and provide recommendations on high‑risk relationships, particularly cases escalated to Senior Management, and ensure that all relevant risks are appropriately highlighted for management sign‑off.
• Support the AML Manager/MLRO in regulatory examinations, audits, compliance monitoring activities, and implementation of remediation actions.
• Provide guidance and mentoring to AML Analysts and support knowledge sharing within the compliance team.

Job Requirements

• Minimum of 5 years of AML, CTF, CPF, FATCA, and CRS compliance experience in the banking, insurance, or related industries.
• Bachelor’s degree in law, Finance, Commerce, Business Administration, or a related field.
• CAMS, ICA, or equivalent certifications are preferred.
• Exceptional communication skills, both verbal and written, with the ability to engage confidently with stakeholders and senior management.
• Excellent organizational and time management skills, with the ability to prioritize tasks under pressure.
• Working knowledge of reporting systems, data validation tools, and compliance monitoring solutions.
• Strong AML, CTF, CPF, FATCA, and CRS analytical skills, with a good knowledge and understanding of industry best practices, internal controls, and regulatory requirements.
• Knowledge of transaction monitoring systems and screening tools.
• Knowledge of applicable laws, decisions, resolutions, guidelines, and regulatory requirements relating to AML, CTF, CPF, FATCA, and CRS.

About Orient Insurance PJSC

Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid‑up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman, Riyadh in Kingdom of Saudi Arabia and Bahrain.