Controls Officer Jobs in Dubai, United Arab Emirates at LanceSoft Middle East

Title: Controls Officer

Company: LanceSoft Middle East

Location: Dubai, United Arab Emirates

We have a new opportunity for “Data Scientist {GenAI” with our client. Interested candidates send me your CV to [email protected]

Title : Controls Officer

Location : Dubai

Duration : 12+ Months

JOB PURPOSE:

Independently oversee and govern controls function for Retail Banking by ensuring robust control frameworks, effective risk identification and mitigation, strong audit outcomes, and regulatory compliance across branches and retail operations.
The role drives consistent execution of ongoing AML monitoring, new on-boarding KYC – Standard and Enhanced due diligence, periodic KYC reviews and ODD, sanctions related review for payment screening, review of fraud alerts. operational risk standards, supports control remediation, and enables the retail business to operate efficiently, safely, and within approved risk appetite.

KEY ACCOUNTABILITIES:

Conduct due diligence for all Retail Banking customers and also to ensure that quality KYC’s are reviewed, ensuring accurate, adequate and complete information of the customer.
Ensuring TAT is met by controls and compliance for on-boarding by ensuring the quality and detailed review is met.
Provide timely response on compliance related queries/issues and escalation if it is not resolved in time
Block / escalate any suspicious transactions / activities / profiles
Investigate Fraud, Compliance, Sanctions and AML (Anti Money Laundering) queries raised on Retail Banking accounts and ensure resolution within the stipulated timelines
Conduct enhanced due diligence on retail customers including Name screening and public domain searches
Make appropriate recommendations for approvals in line with bank policy and relevant AML / Central Bank regulations
Promptly highlight and escalate client transactions and activities that appear suspicious in nature
To ensure that the set standards for SLA’s are met at all the times
Timely closure data led reviews assigned by line manager
Align with banks KYC remediation program and ensure this is applied in ODD with nil data errors or leakage
Maintenance of all mandatory KYC fields, data and documents with no gaps

SKILLS

Problem solving Demonstrates the ability to apply critical thinking skills to solve problems be generating, evaluating and implementing solutions.
Planning and organizing Plans and organizes work to manage time effectively and accomplishes assigned tasks.
Business fundamentals Having fundamental knowledge of the organization and industry.
Working with tools and technology
Selecting, using and maintaining tools and technology to facilitate work activity.
Critical thinking Using logical thought processes to analyze and draw conclusions

QUALIFICATIONS & EXPERIENCE:

Minimum Qualification:

Preferred:

CAMS
MBA
Certification or experience fields in AML/CFT, Operational Risk, Financial Analysis, etc.

Interested candidates send me your CV with below details.

Expected salary:

Notice Period:

Current Location:

Citizen / Visa Status / Work Permit:

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