Money Laundering Reporting Officer (MLRO)

Published
11 February 2019
Location
Abu Dhabi, United Arab Emirates
Category
Finance  

Description

Client Profile

Our client is a well-reputed financial services firm providing mortgages, insurance, pensions, securities, investments and individual and corporate financial advice, and we are recruiting an experience MLRO to join their team in Abu Dhabi to manage AML regulations, ensure effectives systems and controls are in place and ensuring that all employees are fully trained in regulatory frameworks.

The Role

Responsible for the firm’s compliance with Regulator’s rules on systems and controls for the prevention of money laundering, financial sanctions, tax invasion and anti-bribery and corruption on all products and services.

Monitor and interpret regulatory change to ensure compliance.

Prepare AML reports for the management company and file reports with the relevant authorities and present at Board meetings.

Develop, update and maintain the AML policy and standards and train all employees to meet regulatory requirements and CTF and Financial Crime Compliance frameworks.

Liaise with clients and investors to obtain all AML documentation and undertake assessments and reviews of transactions and client onboarding.

 Essential Skills & Experience Required

Minimum 5 years’ experience in an MLRO role within the financial services industry with strong experience in evaluating, identifying ad providing effective assurance to ensure the integrity of policies controls, risk assessments, systems and process improvement and reporting to FSC standards.

Strong working knowledge of investment funds, AML legislations and regulatory requirements associated with fund administrators and depositaries.

Proactive approach to oversight, governance, operational risk, compliance, AML and KYC working within regulated financial services firms in globally recognized financial markets such as UK, Jersey, Ireland, Luxembourg, Mauritius or Cayman Islands and recognized by the Financial Services Commission.

Candidate Profile

Currently living in the UAE.

Outgoing and confident personality with excellent interpersonal, communication and presentation skills and able to challenge and influence stakeholders including senior management and regulators,

Fluent in English – must be able to read, write and speak fluent English.

Education

Bachelor’s Degree is an advantage
CAMS Certification is mandatory

Only registered members can apply for jobs.

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