Our UAE entity provides Asset Management and Payment Advisory Services. As part of the Interpolitan Money Group, we serve clients from across the United Kingdom, Canada and India, as well as Dubai (Licenced in DIFC).

As we invest into our growth, we are looking for a talented Head of Compliance, who will also act as the Money Laundering Reporting Officer to help drive our existing business in the DIFC and further regulatory expansion further into the United Arab Emirates.

This role encompasses the Authorised Individual Functions of the Compliance Officer and the Money Laundering Reporting Officer.

What You ll Be Doing

• Controlling and managing the compliance function of Interpolitan Money (DIFC) Ltd.
• Responsible for 2nd Line financial crime matters including onboarding, transaction monitoring, screening and client reviews.
• Producing and submitting reports to the appropriate regulatory authorities in a timely and accurate manner.
• Maintaining and evolving policies and procedures for the DIFC business as well as reviewing and providing input for Group wide policies and procedures.
• Engaging with colleagues, both from within the wider Group Compliance function and the wider business, as a subject matter expert, to train and upskill.
• Working with banking and payment partners to ensure that both day-to-day queries are met as well as annual reporting.
• To act as the local Data Protection Officer, overseeing the DIFC entities approach to data protection as part of the Group s global approach to data security.
• To provide management information to the Chief Risk Officer and Board of Directors to attest to the performance of the DIFC compliance function.
• To continue and oversee the application with the Central Bank of the UAE and creation of a dedicated UAE mainland payments business.

 

• Prior experience as a senior member of a Compliance Department is vital. This is a hands on, active role. You will be expected to both do and lead to ensure to success.
• Experience of either working within an asset management, fund, payments or banking business based in the UAE with respect to anti-money laundering, regulatory compliance and data protection.
• Deep knowledge of both the CBUAE and DIFC rulebooks are a must to manage both existing regulatory requirements and reporting as well as understand future requirements as they develop.
• ACAMS or ICA certification or similar.
• A confident decision maker who can articulate and communicate their rationale to feedback to the wider business.
• The ability to be able to work within a multi-jurisdiction Group, with a wider Group Compliance function, that shares resources and processes where appropriate.
• The ability to work independently and prioritise.
• To be able to horizon scan and communicate evolving or new regulatory requirements in good time.

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.