Title: Money Laundering Reporting Officer (MLRO)Location: Dubai, United Arab Emirates
About the ClientOur client, a reputable financial institution based in the UAE, is seeking a seasoned Money Laundering Reporting Officer (MLRO) to join their team. The role is pivotal in ensuring the bank’s compliance with AML regulations, overseeing anti-money laundering frameworks, and acting as the key liaison with regulatory authorities.
Key ResponsibilitiesOversee the bank’s AML/CTF compliance program, ensuring adherence to local and international regulatory requirements.Monitor, review, and investigate suspicious activity reports (SARs) and ensure timely escalation of potential money laundering or fraud risks.Act as the primary point of contact for regulatory bodies and law enforcement on AML matters.Develop and implement AML policies, procedures, and controls in line with evolving regulations.Provide AML training and awareness sessions for staff across business units.Conduct regular risk assessments and internal audits related to money laundering risks.Prepare and submit regulatory reports and maintain accurate documentation for compliance reviews and audits.
Key RequirementsBachelor’s degree in Law, Finance, Business or a related discipline, professional AML certifications (e.g., CAMS, ICA) highly preferred.Minimum 7 years’ experience in AML/CTF compliance within banking or financial services, with at least 3 years in a dedicated MLRO or senior compliance role.In-depth knowledge of UAE and international AML laws, regulations, and best practices.Proven ability to manage complex investigations and compliance programs.Strong analytical and problem-solving skills with keen attention to detail.Excellent communication skills, capable of liaising effectively with regulators, senior management, and operational teams.Demonstrated ability to work independently and uphold high ethical standards.
