Check Out This Amazing Dubai Career 2024,Emirates NBD Is Looking Out For Compliance Officer-Onboarding

Closing Date-23/02/2024

DUBAI JOBS ExpertFebruary 22, 2024

0 57 2 minutes read

Check Out This Amazing Dubai Career 2024,Emirates NBD Is Looking Out For Compliance Officer-Onboarding. Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. As at 30th September 2023, total assets were AED 836 billion, (equivalent to approx. USD 228 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion.

Job Background

As the Compliance Officer, you will be responsible for supporting the Compliance Manager in timely review of new sensitive ultra high-risk accounts and special-risk accounts being on-boarded.

Responsibilities

Assist the Compliance Manager in the approval and ongoing review of new sensitive ultra high-risk accounts and special-risk accounts to ensure that regulatory and Group requirements are met.
Enhancing of sanctions controls through the addition of prohibited names/entities to internal watch lists, CIF suspension.
Provide support to the Manager in all Project -related initiatives and ensure completion of these projects.
Review of all manual triggers/red flags escalated and provide recommendations/report to Manager with risk analysis and risk mitigation after completion of thorough investigations.

Qualifications And Experience

Bachelor’s degree
Minimum of 2 years compliance experience in the review of ultra high-risk and special risk accounts
Adequate knowledge of UAE Central Bank AML rules and regulations. Reasonable knowledge of banking products and operations