Senior Analyst - Financial Crime Strategy

Senior Analyst - Financial Crime Strategy

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the business area - Group Compliance & Governance:

Compliance is an independent function at ADCB which takes an active approach to risk management and monitoring, ensuring the Bank complies with applicable laws, regulations, rules and market standards. The Group creates, implements and monitors policies and procedures designed to prevent or detect financial crime and any compliance breaches of the Bank, its employees and clients. It also monitors and measures the impact of conduct risk and compliance on the Bank’s risk appetite and profile.

In this role, your key responsibilities include:.

• Contribute to the development and maintenance of FCC risk governance frameworks, including risk appetite statements and related activities..

• Conduct AML risk assessments for products, business lines, and services, identifying gaps and recommending enhancements to mitigate financial crime risks.
• Draft and update FCC policies and procedures in line with regulatory requirements and best practices.
• Participate in correspondent banking risk activities, including KYC reviews and supporting Compliance-to-Compliance engagements.
• Prepare reports and presentations for regulatory authorities and internal committees, using advanced visualization tools to communicate findings clearly.
• Support the development, implementation, and ongoing enhancement of compliance governance frameworks, policies, and risk assessment methodologies to ensure robust financial crime risk management and regulatory alignment.
• Collaborate with internal and external stakeholders to communicate compliance requirements and coordinate risk management activities
• Interpret FCC-related legislation including relevant regulatory developments and assess impact on internal frameworks.
• Assist in research on typologies, trends, and market intelligence related to financial crime.
• Contribute to updates of policies and procedures based on CBUAE/MENA FATF requirements.
• Manage correspondent banking risk activities including KYC reviews and co-ordinate Compliance to Compliance engagements.
• Contribute to correspondent banking risk activities by conducting detailed Know Your Customer (KYC) reviews, supporting comprehensive due diligence tasks, and assisting in the preparation and analysis of risk assessments across correspondent banking relationships. Facilitate Compliance to Compliance engagements by participating in effective communications between compliance teams, supporting the scheduling and documentation of regular meetings to address regulatory concerns, and assisting with research and recommendations for best practices in risk mitigation. Additionally, support ongoing compliance by ensuring alignment with internal frameworks and external regulatory standards.

The ideal candidate should have the following experience

• At least 4 years in Compliance, Risk Governance, or Financial Crime Compliance
• Bachelor’s degree in finance, Law, Business, or related field.
• Exposure to AML risk assessments and policy drafting
• Knowledge of FCC legislation and regulatory
• requirements
• Experience in correspondent banking risk management
• and KYC processes
• Excellent communication and stakeholder management
• skills
• Detail-oriented with strong analytical and organizational Capabilities

What we offer:

• Competitive Salary: All employees are eligible to participate in one of our rewarding variable pay plans.
• Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
• Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
• Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs.

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.