Compliance Officer - UAE National

• Interpret domestic and international sanctions (UAE, US, UK, EU, UN etc.) and maintain sufficient awareness and knowledge of Sanctions that impact the bank and/or its branches or subsidiaries.

• Conduct investigation of complex and high-risk Sanctions alerts as per the regulatory requirements and in accordance with internal Compliance policies and procedures.

• Ensure full adherence to Group Sanctions Policy, including but not limited to related Sanctions Guidance and operating procedures.

• Support Compliance Manager in identifying Sanctions risk themes and trends and improve sanctions risk management capability.

• Review and disposition of Sanctions screening alerts through effective investigation and adherence to policies, standards and procedures. Highlight concerns, trends and patterns to Compliance Manager.

• Coordinate with the business units in relation to resolution of alerts and client information.

• Handle Sanctions referrals as per the Bank’s policy, ensuring no breach of the applicable sanctions policies, standards and guidance.

• Provide effective support and maintain metrics as per internal procedures; prepare monthly and adhoc management reports.

• Identify and escalate areas requiring attention or strengthening and recommend changes and improvements in line with industry standards and applicable regulations.

Experience

• Degree in Finance or Related

• 2+ years experience in Compliance ideally in a highly rated bank

• Clear understanding of relevant business and operations processes that support sanctions screening.

• Good understanding of core banking and Sanctions screening systems and their interaction / use.

• Compliance risk professional with experience in one or more risk compliance roles including relevant Sanctions experience.

• Knowledge of Sanctions regulations and guidance.

• Lateral thinker with an ability to interpret and solve complex issues.

• Excellent communicator with strong inter-personal and influencing skills.

• Ability to adapt to change and provide inputs where necessary.

• Effective team player with ability to work collaboratively.

• Professional qualification (like CAMS, CGSS) is desirable.