Emirates Nbd Jobs in Dubai – Compliance Processor

Job Description:

Reporting to the Manager the incumbent will be responsible for performing and leading periodic reviews related to NTB accounts payments and customer screening in accordance with Compliance Risk Assessment Tool Internal policies and procedures local and international regulatory requirements while demonstrating an understanding of the risk profile of the Retail Bank Private Bank and CIB Bank client segments

Job Responsibilities:

• Document conclusions for reviews performed in concise management reports and provide awareness around significant risks and daily MIS must be stored for audit purposes
• Identify areas of risk and recommends on operational improvements processes and any training essential to mitigating risk Ensuring a robust escalation process to Senior management
• Key activities and key competencies
• Knowledge of local and international regulatory and legislative due diligenceDD requirements and appreciation and awareness of industry best practise and standards
• Participate in and lead team discussions on the calibration of findings and build consensus prior to finalizing records
• Track and review Quality Assurance observations with the Line of Business and Quality Control management team
• This role will require competence across the following areas
• Take an active role in ensuring that the Banks customers satisfy local and international legal and regulatory requirements in relation to financial crime and Emirates NBD standards through the application of appropriate procedures
• Follow up with business to ensure corrective action addresses policy and operational issues identified
• Ensure trackers are updated for the team to support the delivery of accurate MI
• Interpret and implement quality assurance standards and procedures
• Assist in departmental projects as required and any other tasks assigned by the respective line manager
• Perform quality evaluations on defined samples of various work streams question and investigate the reliability and integrity of data the validity of conclusions and the appropriateness of assumptions made
• Perform root cause analysis and make recommendations for addressing any identified deficiencies

Job Requirements:

• Problem identification and solving skills
• Good written and oral communication skills
• Good understanding and awareness of regulatory requirements international best practice Anti Money Laundering and Sanctions requirements especially the UAE Central Bank
• Decision making Problem Solving
• Bank in a recognized market Very good experience in onboarding clients performing Quality Assurance reviews etc
• Ability to communicate well
• Good time management skills and adherence to deadlines essential
• Creative and Innovative thinking

Qualification & Experience:

• UAE experience preferred
• Experience in analyzing and interpreting regulations and regulatory requirements
• Compliance qualifications from an internationally recognized body is desirable like ACAMS International Compliance Association certifications diploma etc
• The incumbent will have a degree education as minimum preferably a post graduate qualification
• The incumbent will have at least 3 years compliance experience in the financial services industry preferably Retail Bank Private Bank and CIB

Job Details:

Company: Emirates Nbd Careers

Vacancy Type: Full Time

Job Location: Dubai, United Arab Emirates

Application Deadline: N/A

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