Working with the AML Officer and various departments within DIP, to ensure adherence to AML-CFT policies, procedures, and controls to facilitate the identification and reporting of suspicious transactions or activities.
Responsibilities
AML Compliance Management
- Monitor customer transactions across DIP to conduct periodic risk assessments to look out for suspicious transactions/activities.
- Conduct customer due diligence and enhanced due diligence to verify customer information, documentation, types of activity, and risk profiles.
- Coordinate with AML Officer and internal departments in the preparation of AML status reports on issues relating to compliance and ensure that same is provided to the relevant regulatory authorities in a timely manner.
- Maintain accurate and up-to-date records and trackers for Money Laundering or Suspicious Transaction activities, with supporting documentation for Management review and retention.
- Ensure adherence to AML/CFT policies, procedures, and controls to comply with applicable laws and regulations.
- Adhere to the defined compliance processes across the business for conducting due diligence, whistleblowing, and cooperating with the corrective actions and investigations.
- Facilitate in providing mandatory Compliance and AML Training sessions to new joiners and existing employees within DIP to enhance/update their understanding of AML policies and procedures.
- Monitor regulations or guidelines issued by UAE Supervisory Authorities (Ministry of Economy, Financial Intelligence Unit, etc.) and ensure their integration into the organization's processes.
Additional Responsibilities
- Manage and maintain subleasing agreements or related documentation.
- Perform analysis of entity data and ensure its compliance.
- Act as a backup for Cashier responsibilities in cases of absence or additional workload.
- Ensure proper reconciliation of receipts and invoices.
