Key responsibilities

• Act as a liaison and a primary point of contact for CBUAE and other local regulatory authorities.
• Support the Risk & Compliance Manager with Tamara’s licensing activities and adherence to regulatory requirements and reporting with CBUAE, ensuring all regulatory requirements are met.
• Develop and implement compliance policies and procedures aligned with UAE regulatory frameworks.
• Conduct regular regulatory gap analyses to assess and address potential compliance deficiencies.
• Stay up to date with UAE financial regulations and advise senior management on necessary compliance actions.
• Develop and implement an AML/CFT framework in accordance with CBUAE requirements.
• Oversee transaction monitoring, sanctions screening, and customer risk assessments for UAE operations.
• Ensure proper reporting of suspicious activities (STR/SAR) to the UAE Financial Intelligence Unit (FIU) via the goAML system.
• Conduct AML risk assessments, including business-wide and product-specific risk evaluations.
• Ensure compliance with global sanctions regimes (OFAC, UN, EU, UAE Central Bank).
• Support the establishment and implementation of a comprehensive risk management framework tailored to UAE operations.
• Conduct internal compliance audits and regulatory assessments, identifying areas of improvement.
• Oversee customer due diligence (CDD) and enhanced due diligence (EDD) processes to ensure compliance with UAE regulations.
• Provide advisory support on regulatory risks related to new products and services.
• Serve as a point of contact with CBUAE, banks, and other financial institutions for compliance-related matters.
• Maintain effective relationships with internal teams and external regulatory bodies to ensure ongoing compliance.
• Collaborate with global compliance teams to align UAE operations with company-wide regulatory standards.