Job Title: Compliance Officer
Company Name: Crédit Agricole CIB
Location: Dubai, United Arab Emirates (UAE)
Key Duties and Responsibilities: The Compliance Officer will participate actively in the day to day functioning of Compliance, and assist the Head of Compliance in the following manner:
- Review client KYC during onboarding and/or periodic review
- Controls of client KYC before each credit committee and whenever there is a potential financial security risk;
- Review alerts related to Sanctions filtering and Transaction filtering
- Perform Compliance Standard Controls on a set frequency
- Prepare Management Information to local Senior Management and Head Office
- Draft compliance opinions for client onboarding, periodic review and credit reviews
- Perform gap analysis on any new policies released by Head Office from a local regulatory standpoint
- Update, when necessary, local Compliance policies and procedures together with the necessary follow-up tools;
- Other tasks as assigned by the Head of Compliance from time to time e.g. IT security or Legal;
- Close Internal Audit & Regulatory recommendations (if any)
- Assist Compliance Officers in preparation and delivery of Compliance Trainings
- Maintain records of trainings (classroom & e-learning)
- Maintain Personal Account Dealing records of staff based in the UAE
- Maintain records of client complaints and escalate to the Head of Compliance
- Liaise with the other stakeholders (from all 3 lines of defense) to discuss matters that concern Compliance
- Liaise with Head Office Compliance staff for Compliance opinions and escalation
Qualifications, Skills and Experience:
- The applicant must hold a University, Business or Engineering School.
- Postgraduate degree - MA/MSc / PhD / Doctorate or equivalent
- Specialization: Compliance, Regulatory, Risk or Legal
- 0 - 2 years of experience
- Prior experience/training in Compliance, Risk or Legal within a financial institution/ law firm, consultancy firm or audit firm, preferably within the field of Compliance/ Regulatory would be an advantage
- Review client KYC during onboarding and/or periodic review,
- Controls of client KYC before each credit committee and whenever there is a potential financial security risk;
- Analytical Skills;
- Knowledge / understanding of regulations and compliance roles
- Communication skills, presentation skills
- MS Word, MS Excel and MS PowerPoint
- Languages: English and French proficiency is mandatory and a knowledge of Arabic would be desirable