Compliance at ADCB is an independent function that actively manages risk and monitors the Bank's adherence to applicable laws, regulations, and market standards. The Compliance Group develops, implements, and monitors policies and procedures to prevent or detect financial crime and compliance breaches. It also measures the impact of conduct risk and compliance on the Bank’s risk appetite and profile.

Key Responsibilities

• Investigate and report suspicious activity and transaction cases referred by peers or external/internal stakeholders.

• Support the deputy Money Laundering Reporting Officer (MLRO) in managing and escalating the Anti-Money Laundering (AML) process.

• Manage daily investigation activities related to money laundering, financing of terrorism, and illegal organizations.

• Report suspicions to the Central Bank Financial Intelligence Unit (FIU) and cooperate with Competent Authorities on AML/CFT duties.

• Analyze trends and identify typologies in suspicious activity to suggest control enhancements and mitigate emerging AML/CFT risks.

• Develop and update regulatory reporting programs, such as Suspicious Activity Reports (SAR), to ensure timely and accurate reporting.

• Provide recommendations for changes to existing policies, processes, systems, and procedures to accommodate regulatory changes relating to AML.

Skills

• Bachelor’s Degree in Finance, Accounting, or relevant specialization.

• At least 5 years of experience/exposure to AML/Financial crime, with 3 years focused on AML Investigations.

• AML accredited certification.

• Intermediate knowledge of Microsoft Office and MANTAS System.

• Knowledge of CBUAE Regulations and Money-Laundering Legislation.