Compliance Officer UAEN Only

About ENBD

JOB DESCRIPTION

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion. We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.

In line with the UAE Government’s strategy in empowering and developing nationals, Emirates NBD is committed to welcoming the young generation into an innovative, modern and supportive work environment to contribute to the nations success. We are looking to find the best UAEN talent to join our ENBD family.

Job Overview:

As a Compliance Officer at Emirates NBD, your role is Support the reporting line manager and team in the timely review of all new accounts being on-boarded. Assist in all the periodic reviews of existing accounts, maintaining different reports for MI purposes, follow up on any client documentation issues, support in collating information for updating policies and guidelines and for maintaining files for record keeping

Key Responsibilities:

• Review all high-risk accounts assigned for potential money laundering risks or concerns and provide accurate feedback / approval to the concerned branch / business unit within the agreed TAT
• Review new account opening applications for PEP in line with Group PEP Policy and UAE Central Bank Guidelines. Maintain a PEP register.Liaising with the relevant business units and other stake holders for completing the annual review of PEP relationships.
• Collate information from the AML Team members and provide an accurate MI to the AML Manager / Head of Compliance as and when required.
• Review/Assess and provide feedback to the WorldCheck referrals received from the business units on their customer’s information.
• Review and provide feedback to all RMA and Correspondent Banks Account Opening requests received from IIB unit within the agreed TAT
• Review the existing relationship from AML and Sanction perspective and provide our feedback
  
  

Skills and Experience:

• Bachelors Degree
• At least 3 years of experience in Banking Compliance
• Understanding of UAE Central Bank regulations related to AML and Compliance
• Knowledge and understanding of the organization’s products and services including their legitimate uses and their laundering vulnerabilities.
• Analytical and Research Skills
  
  

There’s never been a better time to join Emirates NBD.

We’re one of the region’s most recognisable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.

At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.

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