Job title: Money Laundering Reporting Officer (MLRO)
Job type: Permanent
Emp type: Full-time
Job published: 2022-09-02
Job ID: 32403
Contact name: Lauren Davies
Contact email:

Job Description

Money Laundering Reporting Officer (MLRO)  is required in Dubai on a permanent basis.


Location – Dubai

Salary 30,000AED/month + benefits


Skills and experience:

  • A minimum of 2 years' experience in AML/compliance in financial services in UAE or MENA region
  • ICA diploma
  • Knowledge of legal requirements and controls (e.g Anti-Money Laundering, or AML)
  • Familiarity with current industry practices and professional standards in financial services, Preferably ACAMS diploma
  • Excellent communication skills.
  • Integrity and professional ethics
  • Preferably a Bachelor’s degree, with Finance or Banking or Legal background


Key Responsibilities:

  • Lead the charge with regards to the Company and its group companies (the Group) compliance culture and ensure the Group operates within the law and meets current regulatory standards and requirements in countries of operations.
  • Create and uphold the Group compliance procedures and policies and continually evaluate these against best practice and regulatory standards.
  • Act as the authorized point of contact for the Financial Services Regulatory Authority and the Financial Intelligence Unit in UAE and countries of operations.
  • Assist Board in assessment of operational risks and developing and updating policies and strategies for risk management.
  • Provide financial crime compliance advice to Board and Management.
  • Creating and implementing AML and compliance frameworks and business procedures and processes in the Group.
  • Acting as a first point of contact for employees on AML compliance concerns.
  • Unsure compliant KYC procedure, customer and transactions screening.
  • Remain up to date on current regulatory, AML and compliance changes and inform about Management on relevant.
  • Prepare management reports regarding compliance operations and progress as requested by the Board or Management or regulators.
  • Monitor compliance systems to ensure their effectiveness.
  • Maintain an Internal reporting systems and ensure all staff are aware of the process.
  • Report violations of compliance or regulatory standards to the CEO and duly authorized enforcement agencies as appropriate or required.
  • Manage the suspicious activity reporting process.
  • Conduct at least one annual AML inspection that is designed to test and evaluate an internal AML program and related controls.
  • Provide required training for the staff.

About the role:


The Money Laundering Reporting Officer (MLRO) / Compliance Manager is responsible for providing regulatory support to ensure that the required levels of adherence to current financial services, AML and compliance regulations are consistently met and Company and its operating group companies are compliant to UAE and MENA regulations.


Please note - due to the number of applications we receive, we will only be able to respond to successful candidates