United Arab Emirates, AML Onboarding - Vice President

iCapital, Inc.; Abu Dhabi; Hybrid; AED 900,000 - 1,500,000; Full time

Job summary

iCapital, Inc. in Abu Dhabi seeks a VP, MLRO to lead AML, CTF and CPF framework across UAE, aligning it with UAE laws and global standards.

You will supervise the regulatory program, act as primary contact for the UAE regulators and FIU, and oversee investigations and suspicious activity reporting.

The role requires 10–15+ years of alternatives experience in the UAE/Middle East, with strong communication, leadership and project management skills.

Qualifications

• 10-15+ years of alternatives experience in UAE/Middle East.
• Experience with private funds and registered investment advisors.
• AML/KYC regulatory requirements for private fund investors and distributors in EMEA.

Responsibilities

• Oversee UAE AML/CFT/CPF framework and ensure UAE compliance.
• Act as primary contact for UAE regulators and UAE FIU.
• Oversee investigations, escalation and reporting of suspicious activity.
• Monitor regulatory developments and implement UAE framework enhancements.
• Review distributor agreements to ensure UAE compliance.
• Serve as primary AML contact with Middle East Client Solutions team.

Skills

AML/KYC expertise

Regulatory compliance

Stakeholder management

Cross-functional leadership

Verbal communication

Job description

United Arab Emirates, AML Onboarding - Vice President

Abu Dhabi, United Arab Emirates

About the Role

iCapital is looking for a VP, Money Laundering Reporting Officer (MLRO), to join its Regulatory and Compliance team to oversee the firm’s Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF) and Counter-Proliferation Financing (CPF) framework in the United Arab Emirates. The VP, MLRO will serve as a financial crime compliance leader responsible for establishing and maintaining an effective, risk-based AML program aligned with iCapital’s UAE activities.

Responsibilities

• Oversee the UAE AML/CFT/CPF compliance framework and ensure alignment with applicable UAE laws, regulations, and global standards.
• Act as primary contact for applicable UAE regulators and the UAE Financial Intelligence Unit.
• Oversee the investigation, escalation and reporting of suspicious activity in association with relevant investigations.
• Monitor regulatory developments and lead implementation of enhancements to the firm UAE framework.
• Review EMEA distributor agreements to ensure compliance with UAE requirements.
• Serve as the primary AML contact with the iCapital Middle East Client Solutions team.

Qualifications

• 10-15+ years of alternatives experience, preferably with private funds and registered investment advisor experience in the UAE and Middle East
• Experience in fund structuring and formation, reviewing governing documents for alternative and registered funds.
• AML/KYC expertise of regulatory requirements for private fund investors and distributors in EMEA
• Excellent verbal communication skills and strong ability for personal interaction.
• Professionalism both client-facing and internally.
• Thrives in a fast-paced environment with a continuous learning mindset.
• Self-motivated with robust project management and process development skills
• JD a plus, but not required

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office four days, with the flexibility to work remotely on Friday.

iCapital is proud to be an Equal Employment Opportunity and Affinitiative employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

iCapital uses AI-enabled technology to compare your application against our job requirements and to assist in our hiring process.