Commercial Bank of Dubai
Senior Manager AML/CFT & DMLRO
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 02/04/2026
Job overview
Date posted
17/02/2026
Location
Dubai, United Arab Emirates
Salary
AED 30,000 - 40,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Senior Manager
Qualification
Bachelors degree
Expiration date
02/04/2026
Job description
The Senior Manager AML/CFT & DMLRO at CBD in Dubai is responsible for managing the Bank’s Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) function and serving as the Deputy Money Laundering Reporting Officer (DMLRO). This role ensures that the Bank’s AML/CFT policies, procedures, and systems comply with UAE Central Bank regulations, guidance, and notices, while providing subject matter expertise to senior management and business units. The DMLRO has delegated authority to sign and report Suspicious Transaction Reports (STRs) to the UAE Central Bank's Financial Intelligence Unit (FIU) and serves as the main point of contact for all FIU communications. The role oversees transaction monitoring system effectiveness, manages complex investigations, conducts periodic assessments of monitoring scenarios and thresholds, and ensures optimization of the system. The Senior Manager guides AML/CFT teams, supervises quality assurance of closed cases, manages client exits for financial crime reasons, logs and escalates breaches, develops and updates policies and procedures, provides AML/CFT advice across the Bank, ensures staff training, and manages resources efficiently. The role requires deep knowledge of financial crime regulatory requirements, sanctions, risk management, scenario governance, and international best practices, with strong analytical, problem-solving, decision-making, communication, and leadership skills.
Required skills
Key responsibilities
- Oversee the Bank’s AML/CFT risk framework, owning AML/CFT policies and ensuring compliance with CBUAE regulations, guidance, and notices.
- Serve as the Bank’s DMLRO, reviewing escalated alerts and suspicious transactions, determining the need for STR submission, and reporting to the UAE Central Bank’s FIU.
- Manage responses and mandated actions from the FIU, providing support to the Head of Compliance with regulatory correspondence and ongoing case follow-ups.
- Operate and monitor the Bank’s transaction monitoring system, track alerts, queues, and backlogs, conduct scenario and threshold reviews, and provide senior management updates on AML/CFT and Sanctions operations.
- Oversee and participate in complex investigations originating from Senior Management, UAE Central Bank, Police, Whistleblowing, or data analytics insights.
- Manage the list of transaction monitoring scenarios, document rationale and governance for modifications, and chair/run the Transaction Monitoring Oversight Committee as Secretariat.
- Provide guidance and support to the AML/CFT team, reviewing cases during high-volume periods, defining quality assurance processes, and supervising the closure of alerts and cases.
- Issue client exit requests for financial crime reasons, engage with business units to review escalated cases, and ensure mandated exits follow Bank procedures.
- Develop and maintain AML/CFT training materials (e-learning and face-to-face), participate in delivery, and ensure the team is aware of regulatory changes and best practices.
- Define and recommend controls to address weaknesses or gaps in AML/CFT policies, procedures, and processes, ensuring continuous improvement and regulatory compliance.
- Log and escalate all AML/CFT breaches or potential breaches, and provide subject matter advice to business areas on AML/CFT matters.
- Manage resources efficiently, prioritize system enhancements and upgrades, and support strategic initiatives related to AML/CFT and sanctions compliance.
Experience & skills
- At least 6 years of experience in banking/financial services with a minimum of 3 years in AML/CFT compliance.
- Bachelor’s degree from a recognized university; ACAMS, ICA, CFCS, or CRCMP preferred.
- Strong understanding of financial crime regulatory requirements, international best practices, AML, CFT, ABC, and sanctions compliance.
- Experience in analyzing and interpreting regulations, implementing controls, and managing regulatory relationships.
- Analytical skills with attention to detail, critical thinking, judgment, and decision-making capabilities.
- Proven management and leadership skills, with experience leading teams and supervising investigations.
- Strong written and oral communication skills, including reporting to regulators and senior management.
- Knowledge and experience in rule management, quality control analysis, complex problem solving, and social perceptiveness in compliance contexts.
- Ability to provide guidance and training to teams, review suspicious cases, and ensure compliance with internal policies and regulatory requirements.