Website Emirates NBD
Emirates NBD, the leading banking group in the region was formed on 16th of October 2007 when the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The Emirates NBD 2007 merger between Emirates Bank International (EBI) and the National Bank of Dubai (NBD), became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the United Arab Emirates (UAE) to form a banking champion with the largest asset base in the GCC region summing up to AED 281.6 billion as at 31st December 2009, capable of delivering enhanced value across corporate, retail, Islamic and investment banking throughout the Gulf Cooperation Council (GCC) region
Compliance Officer
Job Description
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 nation’s success. We are looking to find the best UAEN talent to join our ENBD family.
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.
On a day-to-day basis you will be responsible for:
- 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.
- Evaluate reviews of all triggers/red flags/EDD requests referred from various sources with the agreed turnaround times, submitting recommendations for further review of the Manager and BU stakeholders.
- Conduct special investigations and/or respond to the Enhanced Due diligence intel by reviewing transactions, analyzing AML/Sanction impact and supporting Business Units and other internal departments in such matters.
- Keeping track of regulatory developments and assessing the impact of such changes to the Bank.
To be successful in this role, you will need the following skills and experience:
- Bachelor’s degree
- Minimum of 4 years compliance experience in the financial services industry, preferably in retail banking compliance in a recognized market.
- Minimum 2 years compliance experience in the review of ultra high-risk and special risk accounts
- Good Knowledge of Bank’s core banking system (Finacle), working knowledge of SWIFT payments, AML TMU, PSCU, NTB – HRA and SDD, Risk Tool and knowledge of the external sanctions and internal rules and policies around sanctions.
What we offer you:
- Competitive salary package
- Market-leading incentives
- Strong emphasis on work-life balance and wellbeing across the bank
- Preferential banking facilities for employees
- Generous annual leave entitlement and Private Healthcare
- World-class Learning & Development platform and career development
To apply for this job please visit fa-evlo-saasfaprod1.fa.ocs.oraclecloud.com.