Chief Compliance Officer
GCC EXCHANGE
مجموع سنوات الخبرة :16 سنة, 6 أشهر
*Prepares monthly and Bi-Annual Compliance Report to the Management.
*Screens, review and approve New customer onboarding and KYC Profile.
*Handles Correspondent banks AML queries.
*Lead the Compliance Department during Audit inspection of Central Bank of UAE and other Banks.
*Review, analyze and assess alerts - generated by the AML monitoring system.
*Assigned task and monitors daily duties of Alternate Compliance officer & AML assistant. *Review and analyze internal and external referrals for suspicious activity.
*Conduct special investigations and respond to request in Enhanced Due Diligence by Law enforecement agencies, Regulatories and Correspondent banks.
*Train, evaluate and motivate, key personnel on AML & CFT.
*Manage vendor relationships for compliance related systems in terms of quality of service, responsiveness, cost etc.
*Manage list of sanction and blacklist entities / individual in the customer data base of blacklist masters.
*Interprets international and domestic sanctions based on OFAC, EU, UN, HMT etc..
*Review and assess the Risk policy of the Exchange and the means to mitigate the risk..
*Handles and reports STR transactions. Responsible in submission of Reports as per Central Bank of UAE - Daily Remittance Report, ERF 20 & ERF 21, ERF 93 and ERF 94
Test, review and update the efficiency of AML
Program
Audit and review large amount transactions.
Held trainings for all staff on AML & CFT.
Screened and reviewed transctions and AML alerts
Review and analyze AML Alerts
Handled Rules violations review.
Monitors and screened transactions.
Enhanced CDD and EDD reporting of the
Exchange.
Reviewed and revised AML Policy and Procedure.
Directly reports to the General Manager on any
AML issues.
Trained and update staffs on the latest notices and
regulations of Central Bank.
Conduct, review and analyze suspected
transactions. Escalate STR to CBUAE.
Handled AML inquiries by Correspondent Banks
and vendors.
Monitors blacklist master provided by
Correspondent banks, Law enforcement agencies
and CBUAE.
Screened and verify fraudulent documents such as
passport, visa and or Emirates ID.
Reviewed large amount transactions.
Manage budget and resources to prioritize system
developments and upgrades.
Monitors and screened transactions. Enhanced CDD and EDD reporting of the Exchange. Reviewed and revised AML Policy and Procedure. Directly reports to the General Manager on any AML issues. Trained and update staffs on the latest notices and regulations of Central Bank. Conduct, review and analyze suspected transactions. Escalate STR to CBUAE. Handled AML inquiries by Correspondent Banks and vendors. Monitors blacklist master provided by Correspondent banks, Law enforcement agencies and CBUAE. Screened and verify fraudulent documents such as passport, visa and or Emirates ID. Reviewed large amount transactions. Manage budget and resources to prioritize system developments and upgrades.
Processed manual and computer generated LPO’s
for IT related request of IT infrastructure team.
Enhanced standard policy and procedure on the
advancement of invoice processing.
Handled safekeeping of legal contracts and
recruitment process of consultants.
Coordinated with Project managers and 3rd party
vendors related to invoices issues.
Log, investigate and resolved supplier’s invoices
under query.
Directly coordinates with Vendors and
Accounting Team on payment release upon job
completion.
Screen authenticity of work job orders of invoices
and bills.
Update Project Managers on their Capital
Expenditures in establishing new Branches and IT
related projects.
System Knowledge
* Thomson Reuters - World
Check
* OFAC Analyzer
* Eastnets - AML Swift
Screening
* Symex Online
* Symex Trax - AML
Solutions
Processed Outward and Inward remittance.
Processed Telex - Swift messages.
Handled collection and remittance of customs
duties.
Daily downloading of reports from Reuters for
dealing.
Booking and dealing of spot value or tom value
rates.
Handled file management.
Handled phone management and email
correspondence.
–
–
–Graduate