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