Head of Compliance & MLRO - SCA (Asset Management)

Head of Compliance & MLRO - SCA (Asset Management) Full-time Division: Group Finance Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent, and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company, in an exciting and dynamic industry. JOB PURPOSE Review and ensure that anti-money laundering (AML) policies, procedures, and controls cover all applicable laws and regulations – with a particular focus on SCA regulatory scope. Review account opening documentation and client onboarding due diligence checks in accordance with KYC procedures and requirements. Update the AML manual according to the AML module and internal rules. Design and deliver training for business and functional teams. Ensure sufficient review of applicable audit findings and the evaluation of the business's corrective action plans. KEY ACCOUNTABILITIES Oversee AML and counter-terrorist financing (CTF) frameworks to protect FAB Asset Management’s reputation and integrity. Ensure fulfillment of regulatory compliance requirements. Conduct quality testing, identify process deficiencies, enhance reporting, and recommend corrective actions to meet regulatory and audit requirements. Review and collaborate with internal partners to respond appropriately to escalated matters. Monitor & disseminate AML/compliance regulations and policy changes. Manage regulatory reporting requirements. Oversee compliance systems (e.g., customer screening, transaction screening, AML monitoring). Maintain and update AML policies, procedures, and controls. Qualifications & Skills Strong knowledge of AML and counter-terrorist financing (CFT) laws and regulations, compliance frameworks, and risk management practices, with certification from a recognized regulatory body. Robust understanding of legal and regulatory compliance. Excellent written and verbal communication skills. Good understanding of AML risk, including higher risk geographies, industries, and products. Proven ability to develop and implement AML and compliance policies, procedures, and internal controls. Minimum 8 years of experience in Compliance, specifically in AML units. Job Location First Abu Dhabi Bank (FAB)

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