Compliance Officer
Job Description
About the Role
We are seeking an experienced Compliance Officer to join a growing financial services organisation. The successful candidate will play a key role in ensuring compliance with applicable UAE regulatory requirements, supporting the organisation's AML/CFT framework, and maintaining robust client onboarding and monitoring processes.
The ideal candidate will possess strong knowledge of KYC, CDD, EDD, sanctions screening, and regulatory reporting requirements, combined with a practical and solutions-oriented approach to compliance. This role requires close collaboration with internal stakeholders, clients, insurers, and regulatory bodies to ensure effective compliance governance while supporting business operations.
Key Responsibilities- Manage and oversee KYC, CDD, and EDD processes for new and existing clients.
- Conduct sanctions screening and client risk assessments in line with regulatory requirements.
- Support the implementation and maintenance of AML/CFT policies, procedures, and controls.
- Prepare and submit Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs) through relevant regulatory platforms, including goAML.
- Perform client classification and risk-rating assessments.
- Monitor regulatory developments and ensure ongoing compliance with UAE laws and regulations.
- Support internal and external audits, regulatory reviews, and compliance inspections.
- Develop and maintain standardised onboarding documentation and KYC frameworks.
- Identify opportunities to improve compliance workflows and onboarding efficiency.
- Deliver compliance guidance and awareness training to internal stakeholders.
- Maintain accurate compliance records and regulatory documentation.
- Work closely with operational teams to ensure compliance requirements are met without unnecessary business disruption.
- Bachelor's Degree in Finance, Banking, Business Administration, Accounting, Law, or a related discipline.
- Minimum 6 years of compliance experience within the UAE.
- Experience within a bank, exchange house, insurance company, insurance brokerage, or other regulated financial services environment.
- Strong knowledge of:
- KYC, CDD, and EDD processes
- AML/CFT frameworks
- STR/SAR reporting and goAML requirements
- Sanctions screening and monitoring
- Client risk assessment and classification
- Regulatory reporting and audit management
- UAE compliance and regulatory requirements
- Experience designing or implementing onboarding, KYC, or compliance documentation frameworks.
- Exposure to process improvement and workflow optimisation initiatives.
- Ability to engage effectively with both internal and external stakeholders.
- Strong analytical and problem-solving skills.
- ACAMS (CAMS)
- ICA Certification (International Compliance Association)
- AML or Compliance Diplomas
- Other recognised compliance certifications
- Experience within insurance brokerage, insurance, banking, or other regulated financial institutions.
- Exposure to policy placement and client onboarding lifecycles.
- Experience supporting compliance training and awareness initiatives.
- Understanding of accounting operations and financial controls.
- Regulatory Knowledge
- Risk Assessment
- Attention to Detail
- Stakeholder Management
- Sound Judgement and Decision-Making
- Strong Communication Skills
- Integrity and Professionalism
- Process Improvement Mindset
- Ability to Influence and Challenge Constructively
- Organisational and Time Management Skills
If you are a compliance professional with strong UAE regulatory knowledge and a practical approach to risk management and business support, we would welcome your application.