The job holder supports the implementation of controls, compliance checks and compliance processes. They execute tasks according to procedures to ensure regulatory compliance across the organization, and escalates any issues to relevant parties where needed. The job holder assists with keeping compliance processes updated and conducting research and preparation of necessary materials for standard compliance reporting. They also support the conduct of training and implementation of new or changing regulations. The job holder is comfortable executing tasks independently and implementing guidelines in accordance with requirements and processes. They are also able to cope in fast-paced environments and are organized and responsible.

Roles & Responsibilities: 

• Review all high-risk accounts assigned for potential money laundering risks or concerns and provide accurate feedback / approval to the concerned branch / business unit within the agreed TAT.
• Review new account opening applications for PEP in line with Group PEP Policy and UAE Central Bank Guidelines. Maintain a PEP register.
• Liaising with the relevant business units and other stake holders for completing the annual review of PEP relationships.
• Review and provide feedback to all RMA and Correspondent Banks Account Opening requests received from IIB unit within the agreed TAT.
• Review/Assess and provide feedback to the WorldCheck referrals received from the business units on their customer’s information.
• Collate information from the AML Team members and provide an accurate MI to the AML Manager / Head of Compliance as and when required.
• Ensure all requests from Line Manager / Head of Compliance are met within the prescribed deadlines.
• Review the existing relationship from AML and Sanction perspective and provide our feedback.

Required qualifications:

• Understanding of internal policies and procedures 
• Understanding of AML regulations.
• Understanding of UAE Central Bank regulations related to AML and Compliance.
• Knowledge and understanding of account opening documents and company formation documents.
• Knowledge and understanding of the organization’s products and services including their legitimate uses and their laundering vulnerabilities.
• Analytical skills to recognize potential suspicious activity.
• Research skills being able to recognize and obtain quality information from diverse sources.
• Ability to communicate clearly and effectively both verbally and in writing.
• Confidence to make and justify decisions taken by AML Unit, Group Compliance.
• Prior experience of 2 years in an AML/ Compliance role or a Risk function in a bank or other financial services/ regulatory body
• ACAMS 
• Professional certifications in AML, Compliance or Risk. 
   

ENBD

Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.