Financial Crime Investigator I Dubai | Financial Services| Orient Insurance PJSC – Al Futtaim Group

Job Role:

We are currently seeking a Financial Crime Investigator to join our Insurance Division.

The Financial Crime Investigator is responsible for assisting the Compliance Department in establishing and implementing internal procedures related to Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Counter-Proliferation Financing (CPF). The role supports the Compliance Department in ensuring that an appropriate framework, governance structure, and controls are in place to maintain compliance across the Insurance Division in line with applicable AML/CFT/CPF regulatory requirements.

Job Responsibilities:

• Assisting compliance department in development and implementation of AML/CTF/CPF policies and procedures.
• Regular coordination and follow up with internal departments for obtaining due diligence documents.
• Execute Due Diligence activity as per the defined process and regulatory guidelines.
• Completion of client risk assessment.
• Tracking and management of the various documents as per record retention policy.
• Ensure all reporting timelines are met as per agreed Turnaround Time (TAT).
• Screening and Transaction Monitoring Systems Review/Implementation
• Identify Red flags and control issues with respect to KYC/Client on boarding.
• Investigation and Preparation of Suspicious Activity Reports and Suspicious Transaction Reports.
• Liaise with regulators and supervisors in connection with the AML program and related regulatory issues.
• Build strong partnership with Internal Audit, Operations departments, Business development and other stakeholders in connection with the AML/CTF/CPF Program.
• Work with leaders throughout enterprise to resolve efforts to address related open issues in a timely and effective manner.
• Responsible for seeking AML/CTF/CPF compliance Advice from the compliance committee, organize and participate in the compliance committee meeting.
• Timely filing of regulatory reports with the regulator.
• Develop training presentation and conduct training relating to AML/CTF/CPF, FATCA & CRS.
• Assist in the planning, execution and results analysis of AML compliance reviews.
• Work with the business lines during test work to understand control processes and to identify action plans to address control deficiencies.
• Communication with various levels of management to ensure AML/CFT/CPF compliance.
• Maintain ongoing awareness, current knowledge of all applicable internal and external AML/CTF/CPF compliance regulatory requirements and identifying any issues that could impact the Institution.
• Review high risk relationships especially cases that are escalated to Senior Management and ensure that all risks are appropriately highlighted for sign-off.

Job Details

Preferred Candidate

Link