Website Emirates NBD
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.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.
Compliance Officer – UAE National Only
Job Description
This role is reserved for a UAE National – In line with the UAE Government’s strategy in empowering and developing nationals, Emirates NBD is committed to welcoming the young generation into an innovative, modern, and supportive work environment to contribute to the nation’s success. We are looking to find the best UAEN talent to join our ENBD family.
The Anti-Money Laundering Officer is responsible for assisting the Anti-Money Laundering Manager in managing the Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF) Program and Payments screening, to ensure that suspicious and unusual transactions are monitored, investigated and reported as per regulatory requirements and in compliance with internal policy. Approve payments.
On a day-to-day basis you will be responsible for:
- Ensure internal compliance to Central Bank’s AML regulations and Banks AML policy by accurate analysis and investigation of RFIs adhering to the laid down procedures.
- Reviewing/investigating FCRM Alerts and Cases processed by Offshore team / Tanfeeth team and ensure Quality is as expected.
- Undertaking any testing requirements on the AML or related systems that is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team.
- Review policy and procedure and provide feedback for any changes.
- Support the manager in analyzing the Trend and Pattern of the Alerts generated and DS performance and preparing in various Dashboards highlighting any deviations of process by the offshore as requested by the Senior Management.
- Meet TAT as agreed with stakeholders.
- Monitoring and mitigating risk in a timely and effective manner whilst keeping Senior Management, Compliance fully informed of action taken and the outcomes.
- Ensure all ad-hoc requests from RFI Manager are met within the prescribed deadlines.
- Meet Quality levels as per standards laid down in TMU procedure manual.
- Complete corrective actions for issues raised by QA unit.
To be successful in this role, you will need the following skills and experience:
- Bachelor’s degree is essential.
- Professional certifications in AML from an internationally recognized body is desirable.
- 7+ years of banking experience in a recognized regulated market, of which at least 5 years must be in Compliance/ AML roles.
- Previous experience in similar role.
- UAE banking/regulatory experience preferred.
- Comprehensive knowledge of local AML Compliance requirements and international best practice.
- Analyze and understanding AML regulations and regulatory requirements.
What we offer you:
- Competitive salary package
- Market-leading incentives
- Strong emphasis on work-life balance and wellbeing across the bank
- Preferential banking facilities for employees
- Generous annual leave entitlement and Private Healthcare
- World-class Learning & Development platform and career development
To apply for this job please visit fa-evlo-saasfaprod1.fa.ocs.oraclecloud.com.