Officer - Due Diligence

The purpose of this position is to be responsible for monitoring processes on new or existing companies, or other business stakeholder applications, amendments and other submissions to ensure company operations are compliant and to maintain DMCCA s reputation as a free zone authority that upholds the highest standards of regulation.

The Officer - Due Diligence will be responsible for the following:
Conducting screening processes for new and existing members to ensure compliance with due diligence policies, procedures and KPIs.
Overseeing analysis, evaluation and assessments of risk rating and recommending ratings in accordance with Function Authority Matrix.
Carrying out analysis, evaluation and assessment in response to service requests in accordance with policies, procedures and Function Authority Matrix.
Analysis, evaluation and assessments of Know Your Customer documents in accordance with applicable laws and regulations.
Identifying any suspicious activity pertaining to applicants and/or existing members.
Assisting Team Leader - Due Diligence and Senior Officer - Due Diligence in performing enhanced due diligence for high risk clients.
Providing support and advice to Member Success and Operations representatives in respect of service requests.

To be considered for this role, you will need to have:
Bachelor s degree (preferably in business or finance)
2 years experience in compliance and AML / CFT / KYC related issues, preferably with regulatory authorities / financial institutions or other regulated sectors
Familiarity with UAE laws, customs and practices (knowledge of multiple jurisdictions beneficial)
AML / CFT and applicable international sanction regimes
FACTA, CRS and other emerging trends
The successful candidate will enjoy the following:
Market competitive basic salary
Housing allowance
Transportation allowance
National Allowance
Annual flight allowance
Other alternative family benefits
Pension Scheme
Discretionary bonus schemes
Generous annual leave
Medical and life insurance cover
Free covered parking
Retail discounts with over 450 outlets across JLT.
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