| Job Location | United Arab Emirates |
| Education | Graduate |
| Salary | Not Mentioned |
| Industry | Banking / Financial Services |
| Functional Area | Not Mentioned |
In this role, your key responsibilities include:To manage the identification of key sanctions risks and deficiencies, detailing and reporting on major sanctions changes, risks and concerns, reviewing and updating sanctions policies and procedures as per the defined timelines, including ad hoc requirements and or events such as geopolitical or regulatory changes, researching and reporting trends identified in analytical reviews to ensure all sanctions risks and trending issues are found and rectified within agreed timelinesMaintain the effective management of account opening/Know Your Customer (KYC) escalations related to potential sanctions risks to ensure Bank policies and regulations are adhered toWork with applicable business units including vigilance and control teams to ensure appropriate information sourcing and risk identification Document decisions for reviewed clients and provide advisory for sanctions risks referred by various business units in order to provide final approvals for all escalated casesThe ideal candidate should have the following experience:At least 8 years of experience in sanctions compliance, exposure to Financial Crime or Anti-Money Laundering (AML) is beneficialBachelor?s Degree in Commerce or Business AdministrationAssociation of Certified Anti-Money Laundering Specialists (ACAMS), Association of Certified Sanctions Specialists (ACSS)Knowledge of international sanctions regimes and compliance implicationsExposure to multiple jurisdictions that monitor for and enact sanctions regulationsExcellent understanding of Banking transactionsUnderstanding of local/International and CBUAE rulesExpertise in sanctions risk assessment and mitigation strategiesStrong analytical skills for transaction evaluation and risk identificationWhat we offer:Competitive Salary: The indicative pay range for this role is AED 40,000 - AED 54,000 per month. Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
Keyskills :
Sanctions compliance exposure to Financial Crime
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