Line of Service
Internal Firm Services
Industry/Sector
Not Applicable
Specialism
IFS - Risk & Quality (R&Q)
Management Level
Senior Associate
Job Description & Summary
We are seeking a Senior Associate to join the Regional AML and Compliance Team, supporting the firm's ongoing efforts to uphold regulatory standards and manage anti-money laundering (AML) and compliance obligations across the Middle East network.
The role requires a proactive individual with strong analytical and communication skills, who can operate effectively in a dynamic, multi-jurisdictional environment.
Key Responsibilities
1) Regulatory Engagement & Reporting
- Manage and coordinate responses to regulatory requests for information (RFIs) and other supervisory queries across the region.
- Assist in preparation of regulatory returns and submissions to ensure accuracy, completeness, and timely filing.
- Maintain proper documentation and tracking of all regulatory interactions and correspondence.
2) Screening & Investigations
- Conduct ad hoc screening of clients, counterparties, and third parties using approved tools and databases.
- Escalate and document potential hits or red flags in line with internal procedures.
- Support investigations and enhanced due diligence activities as required.
3) Policy & Framework Management
- Support the AML Subject Matter Expert (SME) in maintaining and implementing firmwide AML and compliance policies.
- Conduct periodic reviews and gap assessments of policies and procedures against evolving regulations, best practices, and network standards.
- Assist in drafting and updating compliance and AML policies to ensure they remain current and fit for purpose.
4) Compliance Controls & Monitoring
- Perform periodic monitoring of compliance and AML & sanction controls across business units and service lines.
- Identify control weaknesses and recommend improvements to strengthen the firm's compliance posture.
- Support the development and tracking of remediation actions.
5) Contract & Engagement Reviews
- Review client and vendor contracts to ensure inclusion of appropriate compliance and AML clauses as and when required.
- Collaborate with legal and other risk teams to resolve contractual compliance issues.
6) Advisory & Support
- Support the AML SME in executing day-to-day activities and compliance initiatives.
- Provide advisory support to internal stakeholders on AML, sanctions, and other regulatory compliance matters.
- Provide support in evaluating the escalations and waiver requests made by the KYC operations team for further approval.
- Assist in preparing reports, dashboards, and presentations for internal governance and leadership updates.
Required Skills & Experience
- Bachelor's degree in Law, Finance, Business, or related field; a compliance certification (e.g., CAMS, ICA) is preferred.
- 2 - 4 years of experience in AML, compliance, or regulatory roles, ideally within a professional services or financial institution.
- Strong understanding of AML/CFT regulations, regulatory frameworks, and compliance control design.
- Excellent analytical, organizational, and communication skills.
- Ability to manage multiple priorities and deliver within tight timelines.
- Proficiency with Microsoft Office suite.
- Knowledge of Power Bi and AI models and agents is an added advantage
Required Skills
Optional Skills
Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Business Decisions, Business Performance Management, C-Level Presentations, Communication, Compliance Frameworks, Compliance Policies, Compliance Program Implementation, Compliance Review, Controls Testing, Corporate Governance, Creativity, Embracing Change, Emotional Regulation, Empathy, External Audit, Finance Target Operating Model, Finance Transformation, Financial Reporting, Fraud Detection, Fraud Prevention, Group Facilitation {+ 17 more}
Desired Languages (If blank, desired languages not specified)
Travel Requirements
Up to 20%
Available for Work Visa Sponsorship?
Yes
Government Clearance Required?
Yes
Job Posting End Date
