AML Compliance Officer

About the Role

We are seeking a seasoned AML Compliance Officer based in Business Bay, Dubai to deliver comprehensive compliance services for external clients from diverse industries across the UAE. This role encompasses managing anti-money laundering (AML), audit, and compliance tasks while ensuring that clients meet the regulatory standards set by UAE authorities. The officer will also support clients during inspections and reviews by regulatory bodies.

Key Responsibilities

• Offer end-to-end AML and overall compliance assistance to clients operating in various sectors.
• Perform AML audits, risk evaluations, Know Your Customer (KYC) verifications, and ongoing compliance oversight.
• Guide clients in preparation for audits, inspections, and regulatory examinations.
• Assist clients in the design, implementation, and upkeep of AML frameworks, including policies, procedures, and internal controls.
• Examine client documentation to verify adherence to UAE AML laws and guidelines.
• Detect compliance deficiencies and recommend actionable corrections.
• Compile audit reports, compliance findings, and documentation for regulatory submission.
• Collaborate closely with clients and internal teams to ensure timely resolution of compliance issues.
• Maintain current knowledge on UAE AML legislation, regulatory updates, and best practices.
• Visit client locations as required to support compliance inspections and related activities.

Qualifications and Experience

• Bachelor’s degree in Law, Finance, Business Administration, Accounting, or a correlated discipline.
• At least four years of compliance experience within the UAE environment.
• Demonstrated experience in consultancy firms, corporate service providers, or similar service-based roles is strongly preferred.
• In-depth knowledge of UAE AML frameworks, compliance processes, and risk management methodologies.
• Experience managing client relationships and independently overseeing compliance projects.
• Active ACAMS certification is mandatory.
• Applicants with exclusive banking compliance experience will not be considered.

Key Competencies

• Excellent communication skills combined with the ability to manage client interactions effectively.
• Strong attention to detail with analytical and problem-solving capabilities.
• Highly self-motivated and capable of managing multiple client projects simultaneously.
• Professional, client-focused mindset with a proactive attitude.
• Well-developed organizational skills and competency in report preparation.
• Ability to function efficiently under tight deadlines and high-pressure situations.

Essential Requirements

• Minimum four years of AML compliance experience in the UAE is required.
• Experience involving client-facing roles within the service industry is compulsory.
• Willingness to travel to various client sites within the UAE as needed.
• Comprehensive understanding of UAE AML regulations and compliance standards.