Job Description

We are seeking an experienced and highly motivated AML & Compliance Officer (MLRO) to join Elevate Accounting and Auditing, based in Dubai. This role is pivotal in overseeing our Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) compliance services for clients across diverse industries, including banking, financial services, retail, gold & jewelry, and real estate. The ideal candidate will bring a strong consulting background and prior exposure to regulated jurisdictions, including the DIFC and ADGM.

Key Responsibilities

Compliance Oversight:

• Oversee and ensure effective implementation of AML/CFT frameworks for clients.
• Design and execute compliance monitoring programs to align with UAE regulations and international standards.

Regulatory Expertise:

• Stay updated with local and global AML/CFT regulations, including the UAE Central Bank, DIFC, and ADGM requirements.
• Liaise with regulatory authorities on behalf of clients and handle correspondence related to AML/CFT compliance.

Policy Development:

• Draft, review, and implement AML/CFT policies, procedures, and controls.
• Guide clients on risk assessments and the development of tailored compliance frameworks.

Training & Awareness:

• Provide AML/CFT training to clients and internal teams to enhance compliance culture.
• Conduct workshops and awareness sessions for key stakeholders on emerging compliance trends.

Reporting & Escalation:

• Act as the primary point of contact for suspicious transaction reporting to the UAE Financial Intelligence Unit (FIU).
• Prepare and submit periodic compliance reports to regulators as required.

Skills & Qualifications

Education & Experience:

• Bachelor’s degree in Finance, Law, Business Administration, or a related field (Master’s degree is a plus).
• Minimum of 3-4 years of experience in AML/CFT compliance, preferably in consulting or regulated sectors.
• Strong exposure to DIFC, ADGM, and UAE Central Bank regulations.

Key Skills:

• Deep understanding of AML/CFT frameworks, risk assessments, and compliance monitoring.
• Proven experience in legal and regulatory compliance in banking, financial services, retail, and related industries.
• Expertise in preparing and submitting suspicious activity reports (SARs).

Certifications:

• CAMS (Certified Anti-Money Laundering Specialist) or equivalent certifications preferred.

Soft Skills:

• Strong analytical and problem-solving abilities.
• Excellent communication and stakeholder management skills.
• Proactive, detail-oriented, and able to work under pressure.

What We Offer

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and fast-growing organization.
• Exposure to diverse industries and high-profile clients.
• Continuous professional development and training support.

How to Apply

Application Process

If you are passionate about compliance and possess the expertise to make a significant impact in AML/CFT services, we invite you to join our team. Please apply to this job or send your CV and a cover letter to with the subject line "AML & Compliance Officer / MLRO Application".

Elevate Accounting and Auditing is an equal opportunity employer and encourages applications from all qualified individuals.

Join Elevate Accounting and Auditing to make a significant impact in the world of compliance and regulatory services!

Job Types: Full-time, Permanent

Experience:

• AML & Compliance: 3 years (Preferred)