Assistant Compliance Manager - CIU (UAEN Only)

Assistant Compliance Manager - CIU (UAEN Only) Assistant Compliance Manager - CIU (UAEN Only) Get AI-powered advice on this job and more exclusive features. The Compliance Intelligence Unit (CIU) is responsible for ensuring that the Bank complies with all relevant external laws and regulations applicable in the various jurisdictions that the Bank operates in. Significantly this includes compliance with Sanctions, Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) requirements not only of the countries that the Bank operates in but increasingly there is an expectation of compliance with those of key US and EU regulators: Role Purpose: The Compliance Officer is responsible for assisting the Compliance Intelligence Unit Manager / his delegate in managing the Group’s Anti-Money Laundering (AML) and Combatting Terrorist Financing (CTF) program with specific responsibility for planning, implementing and managing data driven thematic reviews especially focusing on human trafficking / modern slavery / illegal wildlife trading, adverse media monitoring and any request received from the Line Manager / his delegate with regards to sensitive reviews and/or publishing intelligence reports & share his findings with recommendations. The incumbent is responsible for assisting the CIU in managing the Group’s Anti-Money Laundering (AML) and Combatting Terrorist Financing (CTF) program. The incumbent will have overall responsibility to provide intelligence analysis support for both proactive and reactive analytics and research, performing trend analysis and producing related MIs on emerging money laundering trends. The incumbent will also be responsible for undertaking special / targeted AML reviews on a risk-based approach and execute requests received from the Line Manager / his delegate with regards to money laundering reviews or guiding, advising various Business Compliance teams on AML related matters across the Group. Key Responsibilities: Undertake periodic work-streams of both internal and external datasets to uncover concentrations of financial crime risk and clients of concern by identifying patterns, typologies and trends. Submit written reports to key stakeholders and with clear recommendations. Focus on Human trafficking, modern slavery and Illegal wildlife trading. Analyse and investigate any identified emerging trends / area of concentration uncovered from such work-streams. Understand the emerging trends and recommend ways to minimize Financial Crime risks to the Key stakeholders. Closely monitor the external environment through various internal/external sources, local / national and international media for news to identify financial crime risks which may potentially impact the bank in future, map and assess those risks, quantify the potential impact and escalate where necessary (e.g., allegations of money-laundering activity, corruption, terrorist financing, etc.); conduct follow-on research as needed. Interface with Key stakeholders in regards to compliance reviews, investigations, as well as other ad-hoc projects. Design, implement and manage policies and procedures associated with Compliance Intelligence including development of a framework to expand network with Correspondent Banks, Media, law enforcement, intelligence agencies and regulators to improve two-way information sharing to the extent permissible as per the relevant group policy. Required Education & Experience: Bachelor’s Degree Certified Anti-Money Laundering Specialist (CAMS) or any recognized Compliance course (ICA diploma) Three (3) or more years of financial crimes risk management or Compliance intelligence experience related to transaction monitoring, investigation research, and analysis on proactively identifying compliance risks in the financial services industry. Strong experience leveraging proprietary databases (e.g., Lexis-Nexis, World-check, Factiva, etc.) for research purposes. Strong knowledge of Europe and/or Middle East and/or Africa (e.g. political developments, law enforcement issues, corruption-related matters, etc.). Strong knowledge of and experience with reporting databases, like SAP, MS BI, Power BI , MS Access, Power Point, must be an expert in Advanced Microsoft Excel (Macros, power query). Knowledge of statistics and experience using statistical packages for analyzing datasets. Investigative skills, ideally with a focus on financial investigations and analytics Seniority level Seniority level Associate Employment type Employment type Full-time Job function Job function Quality Assurance and Legal Industries Banking Referrals increase your chances of interviewing at Emirates Islamic by 2x Get notified about new Compliance Manager jobs in Dubai, United Arab Emirates . Assistant Compliance Manager - Sanctions (Emiratization) We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr