Roles & Key Responsibilities: 1. Keeping up to date with all relevant AML laws and regulations, including but not limited to UAE, DFSA, ADGM, FSRA and SCA. 2. Establishing and maintaining the firm’s compliance policies, procedures, systems and controls for AML and other compliances. 3....
Additional Information
The Role Roles & Key Responsibilities: 1. Keeping up to date with all relevant AML laws and regulations, including but not limited to UAE, DFSA, ADGM, FSRA and SCA. 2. Establishing and maintaining the firm’s compliance policies, procedures, systems and controls for AML and other compliances. 3. Arranging and implementing the AML controls, work plan, guiding and inspecting AML operations, conducting AML compliance review 4. Acting as the point of contact within the firm for competent U.A.E. authorities, ADGM and DFSA regarding money laundering issues; responding promptly to any request for information made by competent U.A.E. authorities or ADGM or DFSA. 5. Ensure that all requisite AML-related risk assessments and due diligence checks conducted by the Firm 6. Acting as the point of contact to receive internal Suspicious Transaction Reports from the Firm’s employees. 7. Taking appropriate action following the receipt of an internal Suspicious Transaction Report from the employees and reporting to the Financial Intelligence Unit (FIU) of the UAE and / or ADGM or DFSA or to the appropriate authority. 8. Establishing and maintaining an appropriate anti money laundering training program and adequate awareness arrangements. Conduct AML/CFT trainings on an annual basis or as and when required. 9. Maintaining firm records and registers as required under applicable AML rules and regulations, including, without limitation, registers in relation to breaches, complaints, suspicious transactions, training, etc. 10. Implementing and updating the firm’s Compliance Monitoring Program, AML Business Risk Assessment as required. 11. Preparing and filing regulatory reporting by the firm 12. Handling other ad-hoc compliance-related work that may be assigned from time to time
Requirements Ideal requirements: 1. Relevant experience in a similar role incorporating the above responsibilities. Previous experience as MLRO or DMLRO (preferred). 2. Certifications such as CAMS or similar. 3. Extensive working knowledge of regulatory and legal requirements in the UAE, fundamentally the UAE Federal Laws on AML & CTF and DFSA & ADGM AML Module.
About the company Moore JFC Group, headquartered in Dubai, has been providing the highest quality of Auditing, Consulting and Business Advisory Services for more than 45 years by working closely with clients from a wide range of sectors. Moore Global is ranked as the worlds 11th largest international network of professional firms JFC Group is an independent member firm of Moore Global worlds 11th largest international network of professional firms Dealing with Moore JFC Group means dealing with the whole world at one place, for seamless services are provided through worldwide offices of the member firms around the Globe. The Company has over four decades of operations has experience in vast & varied industries and businesses as well as knowledge, skills and resources to deliver great solutions that add real, tangible value to every stage of your business.
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