1. Conduct AML/CFT compliance reviews of DNFBPs and financial institutions in accordance with UAE AML framework.
2. Conduct independent AML audits, identifying control gaps and preparing detailed audit reports and action plans.
3. Draft and update AML/CFT policies, procedures, and risk assessment methodologies tailored to client activities and regulatory expectations.
4. Design, conduct, and document Enterprise-Wide Risk Assessments (EWRA) covering clients’ inherent risk factors, control effectiveness, and residual risk scoring.
5. Support the creation and maintenance of Business Risk Assessments (BRA) and customer risk rating methodologies for varied DNFBPs and financial institutions.
6. Assist clients in regulatory inspections and inquiries, including readiness assessments, documentation support, and post-inspection remediation.
7. Evaluate clients’ CDD/EDD processes, PEP and sanctions screening, suspicious transaction monitoring, record-keeping, and staff training frameworks.
8. Support analysis and preparation of STRs/SARs/ARs through goAML, including internal justifications and escalation documentation.
9. Stay abreast of regulatory updates from UAE authorities and draft concise compliance alerts and recommendations for clients.

Bank of Jordan is committed to upholding the highest standards of integrity, ethical conduct, and regulatory compliance. As the AML/TF Unit Manager, you will play a critical role in preventing money laundering, terrorist financing, and other illicit activities, safeguarding the bank’s reputation and financial security.

Responsibilities

• Lead and manage the AML/TF unit within the bank, ensuring effective implementation of AML/TF policies, procedures, and controls.
• Develop and maintain a comprehensive AML/TF program in line with local and international regulatory requirements.
• Stay updated on AML/TF laws, regulations, and best practices to ensure the bank remains compliant.
• Identify and assess the bank’s AML/TF risks and implement appropriate risk mitigation measures.
• Oversee the bank’s customer due diligence process, including the review and approval of high-risk customer relationships.
• Conduct regular AML/TF training and awareness programs for bank employees.
• Manage and investigate suspicious transactions and potential AML/TF activities, ensuring timely reporting to relevant authorities.
• Collaborate with internal and external stakeholders, including law enforcement agencies and regulatory bodies, on AML/TF matters.
• Prepare and submit AML/TF reports to senior management and regulatory authorities.
• Conduct periodic AML/TF risk assessments and internal audits to ensure compliance and effectiveness of controls.