Description : Officer - Compliance. Company : Al Rostamani International Exchange LLC. Location : Dubai

Every employee at Al Rostamani Group plays a role in making a real difference to the business and our customers. We care for our employees by offering them meaningful and purposeful work and an opportunity to grow, learn, contribute and succeed. Today, the Al Rostamani Group has come a long way since its birth in 1957. Our group has grown steadfastly with the guiding principles of Commitment, Care & Vision, alongside a strong sense of active involvement in the community. We are a well-diversified group, with a key presence in industries such as General Trading, Automobiles and Heavy Equipment, Travel, Foreign Exchange, Financial Services, Property Management, Construction, Infrastructure Development and Information Technology Services. Our Group employs approximately 2000 people from 41 different nationalities, which contributes to our multicultural and multi-national environment.

Al Rostamani International Exchange is a leader in providing currency exchange and international remittance services in the UAE. It is an ISO 9001:2000 certified company having a wide range of products and services catering to all income groups for both nationals and expatriates.

Job Purpose

Anti-Money Laundering/Combating Financing of Terrorism compliance and to conduct branch/department internal audit.

Job Responsibilities

Compliance External

• Handle queries received from the following entities; Central bank of UAE, Dubai police, ARIE correspondent banks with respect to Remittance and Travelers cheque
• Handle queries raised by other instant money service providers
• Assist UAE central bank auditors during their inspection to the head office and/or branches
• Assist AML (Anti-Money Laundering) auditors appointed by ARIE for verification and reporting

Compliance Internal

• Perform pattern analysis to monitor the transaction(s)
• Conduct Due Diligence and on boarding clearance
• Conduct Enhanced Customer Due Diligence (ECDD)
• Monitor and recommend filing of Suspicious Transaction Report (STR) to Central Bank

Job Requirements

Qualifications

• Bachelor’s Degree or equivalent experience
• Audit / AML certification would be added advantage

Experience

• Minimum 2 years of experience in the similar field/industry

Knowledge & Skills

• Effective communication (written & spoken)
• Ability to work under pressure
• Team player
• System administration
  

At Al Rostamani Group, we seek talented people who work hard to achieve great things. We consider not only your skills and experience, but also your passion for the role, your desire to learn and how well you align with our core values of care, commitment and vision. If this position represents an opportunity you wish to pursue, we invite you to apply.