Head of Aml

Full job description

As a Head of Compliance / MLRO in Dubai, you will assume a critical role in ensuring the organization's adherence to anti-money laundering (AML) laws, regulations, and internal policies stated by SCA & the Dubai Financial Services Authority(DFSA). This position involves developing, and implementing a robust AML compliance program, conducting risk assessments, and serving as the primary point of contact with the DFSA.

Key Responsibilities
- Extensive expertise in the financial services sector, encompassing wholesale, retail, private banking, and investments.
- Proven track record of successful business management and leadership of high-performance audit, compliance, and risk teams.
- Minimum 5 years of international experience in Compliance, Anti-Money Laundering (AML), and audits.
- Registered with the Dubai Financial Services Authority (DFSA) and SCA.
- Familiarity with regulatory frameworks across various jurisdictions including SCA.
- Strong interpersonal skills with a focus on relationship management, negotiation, and team collaboration.
- Proven ability to advise on business lines, conduct employee trainings, and ensure adherence to Conduct of Business regulations, Financial Crime Compliance & Sanctions, and Regulatory Compliance.
- Experience in liaising with internal and external stakeholders to facilitate business expansion and manage license variations.
- Proficient in developing and implementing Policies, Procedures, Systems & Controls aligned with updated regulations and best practices.
- Expertise in monitoring compliance across business conduct, client onboarding, and transactions.
- Ability to identify risks, implement mitigation strategies, and ensure Marketing Compliance.
- Experience in reporting to the Board and participating in various committees related to compliance and risk management.

Qualifications:
Educational Background:

- Bachelor's degree in Business, Finance, Law, or a related field.
- Additional certifications in AML and compliance, such as Certified Anti-Money Laundering Specialist (CAMS), are highly desirable.

Professional Experience:

- 5 years of experience in a compliance role with a focus on AML, preferably in a DIFC/SCA-regulated entity.
- Familiarity with AML laws and regulations applicable in International & UAE Law/ SCA.

**Skills**:

- In-depth knowledge of AML laws, regulations, and best practices.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Detail-oriented with the ability to manage complex AML compliance issues.

Licensure:

- Relevant certifications and memberships in professional compliance associations are strongly encouraged.

Ability to commute/relocate:

- Dubai: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- SCA/UAE/DIFC- 5+ Years

License/Certification:

- Certified Anti-Money Laundering Specialist (CAMS) (preferred)

**Location**:

- Dubai (required)

Pay: From AED15,000.00 per month

**Education**:

- Master's (preferred)

**Language**:

- English (required)

License/Certification:

- AML/Compliance Certification (preferred)

**Location**:

- Al Quoz (preferred)