Senior AML Compliance

Voopayment Services Provider L.L.C; Dubai; On-site; USD 60,000 - 90,000; Full time

Job summary

A leading Fintech company is seeking a Senior AML Compliance Officer to ensure adherence to Anti-Money Laundering regulations. This role involves monitoring transactions, conducting investigations, and maintaining compliance standards to prevent illicit financial activities. Candidates should have a Bachelor's degree and relevant experience in AML compliance.

Qualifications

• 5 years of relevant experience in AML compliance or financial services.
• Knowledge of AML regulations (BSA, USA PATRIOT Act, FATF).
• Proficiency with AML monitoring systems and tools.

Responsibilities

• Monitor and analyze transactions to detect suspicious activity.
• Conduct AML investigations and prepare Suspicious Activity Reports.
• Maintain and update the AML/CTF compliance framework.

Skills

Analytical skills

Investigative skills

Communication skills

Organizational skills

Attention to detail

Education

Bachelor's degree in finance, law, business, or related field

CAMS certification

Tools

AML monitoring systems

Job description

Job Description:

We are looking for an experienced Senior AML Compliance Officer to join our dynamic Fintech company. The AML Compliance Officer is responsible for ensuring the organization adheres to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations and internal policies. This role involves monitoring transactions, investigating suspicious activities, and maintaining regulatory compliance standards to prevent the company from being used for illicit financial activities.

Key Responsibilities:

1. Monitor and analyze transactions to detect unusual or suspicious activity.
2. Conduct AML investigations and escalate cases as needed.
3. Prepare and submit Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required by law.
4. Maintain and update the AML/CTF compliance framework, including policies, procedures, and risk assessments.
5. Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for high-risk clients.
6. Ensure ongoing Know Your Customer (KYC) compliance.
7. Assist in the development and delivery of AML training programs for staff.
8. Conduct internal audits and reviews to ensure compliance with AML policies and regulations.
9. Liaise with regulators, auditors, and law enforcement when necessary.
10. Stay updated with changes in AML laws and regulatory expectations.

Qualifications:

• Bachelor's degree in finance, law, business, or a related field.
• Professional certification such as CAMS (Certified Anti-Money Laundering Specialist) preferred.
• At least 5 years of relevant experience in AML compliance, risk management, or financial services.
• Knowledge of AML regulations (e.g., BSA, USA PATRIOT Act, FATF, EU AML directives).
• Strong analytical and investigative skills.
• Proficiency with AML monitoring systems and tools.
• Excellent communication, organizational, and reporting skills.
• High attention to detail and integrity.

Preferred Skills:

• Experience with FinTech, cryptocurrency, or cross-border payments.
• Familiarity with sanctions (OFAC, UN, EU) and PEP screening processes.
• Strong project management abilities.