Overview
Compliance Officer Jobs in Dubai, Dubai, United Arab Emirates at Creation Business Consultants
Title: Compliance Officer
Company: Creation Business Consultants
Location: Dubai, Dubai, United Arab Emirates
Oversees the organization’s compliance with applicable AML and CTF laws, regulations, and guidelines
Develop and maintain effective AML/CTF policies, procedures, and controls tailored to the corporate services industry
Conducting regular internal reviews and audits to assess the effectiveness of the AML/CTF program and identify areas for improvement
Establish robust transaction monitoring systems and processes to detect suspicious activities promptly
Establishing and maintaining effective transaction monitoring systems to identify and report suspicious activities
Review and investigate all breaches, discrepancies and irregular activities and recommend corrective actions
Prepare AML reports for the management and file reports with the relevant authorities
Ensure thorough and accurate collection of client identification and verification documents.
Staying up to date with regulatory changes and ensuring the company’s policies and procedures align with the latest requirements
Providing training to employees on AML/CTF regulations, policies, and procedures
Establish and maintain company’s Internal Blacklist in relation to AML/CFT to ensure that risk exposure is reduced
Reviewing and, if necessary, escalating suspicious activities to the appropriate authorities, such as financial intelligence units or law enforcement agencies
Collaborate and communicate effectively to ensure a culture of compliance throughout the organization
Prepare and submit timely and accurate suspicious activity reports (SARs) to the relevant authorities as required
Requirements
Degree qualified
Minimum 5 years’ experience as compliance officer role within the corporate services industry
Certification such as Certified Anti-Money Laundering Specialist (CAMS) is mandatory
Thorough knowledge of UAE/KSA tax laws, regulations, and compliance requirements
Should have excellent interpersonal, oral, and written communication skills
Benefits
Performance-based bonuses & participate in profit share scheme
Eligibility to be part of CBC equity plan
Access to CBC Academy to learn, develop and grow with the organization
Attractive salary package, commission structure & exclusive discounts
Training & development opportunities
Extra annual leave for 2+ years of commitment
VIP access to networking events
Excellent health package & additional benefits
Team building & social activities
Opportunity to work with industry leaders
Please send your resume to [email protected]
