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VP Compliance MLRO

  • Dubai(DIFC)
  • Competitive Package
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I am working with a leading Global Bank on a search for a new MLRO to join their Compliance Department based in the Dubai(DIFC) office. The role holder will be responsible for managing Anti-Money Laundering/Counter Terrorism Financing(AML/CTF) controls within the DIFC and QFC jurisdictions for the Bank.

The ideal candidate will have at least 8 to 10 years experience in a similar role and currently or previously have been an authorised MLRO with one or more of the UAE or Qatar regulators.

Responsibilities include:

  • Divisional MLRO for DIFC & QFC branches.
  • AML/CTF Policies & procedures.
  • Identify changes in local law and understand their potential impact on the bank.
  • Lead on the implementation of AML/CTF processes and procedures.
  • Provide specialist advice & support to the business and operational teams in relation to AML/CTF policy and high risk client relationships.
  • All other AML/CTF  activities including monitoring, reporting, policies & procedures maintenance and enhancement.
  • Interact with local regulators and other agencies, including responding to regulatory requests and queries, filing annual returns and understand current regulatory themes; and
  • Review suspicious activity reports and oversee their filing with the relevant authorities.

Experience and qualifications required:

  • Preferably minimum of 8-10 years’ experience in Anti-Money Laundering or a related discipline with an international or a large financial institution in the UAE.
  • Currently registered as an MLRO with one of the UAE regulators (SCA/DFSA/FSRA) on behalf of their firm.
  • Good understanding of SCA/DFSA/FSRA/QFCRA AML/CTF rules and regulations.
  • Familiarity with some or all the Bank’s business lines (Institutional Sales and Trading, Investment Banking/ Capital Markets and Investment Management)
  • The candidate must hold ACAMS qualification (or currently working towards the certification) and preferably have an academic qualification in Law/Finance/Accountancy

Apply now to find out more about this fantastic opportunity.

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We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.

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Paul Hundley – Governance and Control

Senior Consultant

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