LM Exchange
  • Contact
    +(971) 4-3554-555
  • Our Address
    Al Sharafi Building, P.O Box 6309,Dubai

New to site?


Login

Lost password? (close)

Already have an account?


Signup

(close)

BRANCH COMPLIANCE OFFICER

HomeCareerBRANCH COMPLIANCE OFFICER

BRANCH COMPLIANCE OFFICER

Department
COMPLIANCE
Location
DUBAI
Education
GRADUATION

ROLES AND RESPONSIBILITIES:

• Act as a liaison between the Head Office Compliance wing and Branches regarding Compliance matters, queries        emails and investigations
•  Monitoring day-to-day transactions of the branch for any unusual, structured, suspicious and blacklisted ones
• Educating the staffs in the Branches regarding Anti-Money Laundering & Combating Terrorist Financing and ‘Know Your Customer’ procedures
•  Record keeping as required by LM Exchange AML and CTF Policy & Procedures
•  To take proper remedial actions and inform Head Office Compliance wing if violations are identified
•  Provide guidance on how to identify suspicious activities and structured transactions
•  Advise branch staff of proposed regulatory changes and provide in-house training to branch staff
•  Reporting of unusual or suspicious transaction to Chief Compliance Officer
• Implementation of the Regulations issued by LM Exchange and our Anti-Money Laundering and Combating Terrorist Financing Policy and Procedures across Branches
•  Performing more extensive due-diligence for high risk amounts, countries, customers and include proactive monitoring for suspicious activities
• Willing to take on extra responsibility relating to AML & Compliance matters and to bring in ideas and suggestions for process improvement
•  Strictly follow the company’s policy and procedure without fail.
• Reporting to Sr. Compliance Officer/Senior Branch Compliance officer

QUALIFICATIONS AND EDUCATION REQUIREMENTS

•  Degree holder
•  Minimum of one-year experience in a Financial Institution under Branch Operations
• A good understanding of what constitutes a control environment and key compliance risks pertinent to the core activities conducted within Branch Banking
•  An appreciation of Compliance Monitoring methodology and its application
•  Regulatory knowledge and a broad understanding of AML risks
•  Good written and oral skills
•  Ability to communicate at all levels of management
•  Good time management skills
•  Ability to review and provide compliance input to documentation
•  Committed to meeting deadlines
•  Methodical and organized with good planning ability