Financial Crime Compliance Testing / UAT Consultant - Dubai

Job Title: Financial Crime Compliance Testing / UAT ConsultantLocation: Dubai Contract Duration: 6 months Level: Senior Consultant to Assistant Manager Openings: 1 positionJob DescriptionJoin our dynamic team at Capitex as a Financial Crime Compliance Testing / UAT Consultant. In this pivotal role, you will be instrumental in supporting User Acceptance Testi…

Job Title: Senior Financial Crime Compliance Consultant – Correspondent Banking (Contract)Location: Dubai, United Arab EmiratesContract Type: Fixed-Term ContractJob Overview:Join our dynamic team at Capitex as a Senior Financial Crime Compliance (FCC) Consultant. In this pivotal role, you will spearhead the creation and execution of a robust FCC framework tailored for a banking institution engaged in correspondent banking activities in Dubai. This contract position demands extensive expertise in financial crime compliance and practical experience in developing and implementing comprehensive FCC frameworks.Key Responsibilities:Lead the design and comprehensive development of a Financial Crime Compliance framework tailored to the unique requirements of correspondent banking.Evaluate current FCC infrastructure, identifying deficiencies relative to global best practices and regulatory standards (including FATF, Wolfsberg Group, and local UAE regulations).Formulate and enforce policies, procedures, and controls aimed at mitigating FCC risks specific to correspondent banking operations.Provide expert advice on the execution of customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, name screening, and sanctions compliance procedures.Collaborate with cross-functional teams (Compliance, Risk, Legal, Operations, etc.) to ensure the FCC framework is effective and aligns with the bank's strategic objectives and risk appetite.Support the establishment of a governance model, reporting structures, and key risk indicators (KRIs) associated with FCC.Deliver guidance on training and awareness initiatives related to FCC within the context of correspondent banking.Ensure alignment of the FCC framework with applicable regulations from the UAE Central Bank and DFSA, as well as relevant international compliance requirements.Prepare necessary documentation for internal review and potential regulatory submissions.Required Experience & Qualifications:At least 10 years of experience in financial crime compliance, with significant expertise in correspondent banking.Demonstrated success in building and implementing FCC frameworks from inception to completion.Comprehensive understanding of international FCC standards, including FATF recommendations, Wolfsberg Correspondent Banking Due Diligence Questionnaire (CBDDQ), Basel Committee guidance, and OFAC/EU/UN sanctions regimes.Strong familiarity with compliance regulations and the ability to navigate complex regulatory environments.

Ebury is looking for a Financial Crime Compliance Analyst to join the Dubai office in a hybrid setup (4 days in the office, 1 day remote each week). This position sits within the second line of defense and reports directly to the MLRO. Role overview The Financial Crime Compliance Analyst handles independent reviews and decision-making on financial crime cases that have been escalated by several teams, including Group Transaction Monitoring, first-line FCC/Investigations, and Onboarding/KYC escalation channels. The role ensures all escalated cases meet regulatory standards as set by the Dubai Financial Services Authority AML Rulebook. The analyst also supports the MLRO in decisions and reporting related to suspicious activity reports (SARs) and suspicious transaction reports (STRs). Core responsibilities Conduct independent reviews of internal SARs submitted by first-line or transaction monitoring teams. Assess the following for each case: Whether there are reasonable grounds for suspicion The completeness and quality of investigations The adequacy of supporting evidence Provide clear recommendations to the MLRO, such as whether to file, not file, or pursue further investigation. Draft or refine external STR/SAR narratives before submission. Escalation review and challenge Review complex cases escalated from transaction monitoring and first-line FCC investigation teams. Challenge cases where rationales for “no suspicion” closures are weak or investigations are incomplete. This role focuses on ensuring that financial crime compliance processes are thorough, well-documented, and meet all regulatory requirements.

Job Title: Financial Crime Compliance / AML Officer (Contract) Location: Dubai, UAERole OverviewJoin our dynamic team at Capitex as a Financial Crime Compliance / AML Officer on a contract basis in Dubai. In this pivotal role, you will be instrumental in ensuring the effective implementation of Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) frameworks, upholding robust Know Your Customer (KYC) processes, and guaranteeing adherence to pertinent regulatory requirements.Key ResponsibilitiesDevelop and uphold AML/CFT policies, procedures, and controls compliant with UAE regulations and global standards.Conduct thorough KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) reviews for both new and existing clients.Monitor transactions and investigate potential suspicious activities proactively.Prepare and facilitate the submission of Suspicious Activity Reports (SAR) and Suspicious Transaction Reports (STR) as necessary.Perform ongoing client reviews and risk assessments to maintain compliance integrity.Offer expert guidance to internal stakeholders regarding financial crime compliance issues.Assist in internal audits and regulatory inspections to ensure compliance standards are maintained.Contribute to the enhancement of AML frameworks, controls, and processes across the organization.Deliver comprehensive AML/KYC training and awareness sessions throughout the business.RequirementsDemonstrated experience in AML, Financial Crime Compliance, or a related field.In-depth knowledge of AML regulations, KYC/CDD/EDD requirements, and financial crime risks.Proven track record in policy and procedure development and implementation.Hands-on experience in transaction monitoring and investigative processes.Familiarity with the regulatory landscape in the UAE is highly desirable.Relevant professional certifications (e.g., CAMS, ICA) will be considered an advantage.Exceptional analytical, communication, and report-writing skills.Capable of working independently while effectively managing multiple priorities.Key CompetenciesMeticulous attention to detail coupled with strong analytical capabilities.Sound judgment and effective decision-making skills.Adept at identifying, assessing, and appropriately escalating risks.Strong organizational and stakeholder management abilities.Demonstrated professional integrity and accountability.

Key ResponsibilitiesEnd-to-End Process MappingAnalyze and map Financial Crime risk processes across diverse business units and teams.Create comprehensive process maps that outline activities, decision points, hand-offs, dependencies, and required approvals.Utilize recognized methodologies for consistent process documentation.Identify and define Management Information (MI), Key Performance Indicators (KPIs), and Key Risk Indicators (KRIs) relevant to each process, including governance forums and oversight responsibilities.Stakeholder Engagement & ValidationCollaborate with process owners, compliance, governance, and operational teams to validate process flows.Facilitate workshops and walkthroughs to accurately capture existing processes.Ensure all documented processes undergo formal review and approval by process owners.Systems & Data IdentificationIdentify and document systems, tools, and data sources that support each process.Differentiate between manual and automated activities and data hand-offs clearly.Risk & Control VisibilityDocument key risk points, necessary controls, approvals, and escalation pathways within each process.Ensure compliance with applicable Financial Crime regulatory requirements.AI & Automation ReadinessIdentify manual, repetitive, or decision-heavy tasks suitable for automation or AI enhancement.Highlight activities influenced by rules, thresholds, or judgment that may benefit from AI-driven solutions.Consistency & StandardisationIdentify and analyze process variations across business units.Recommend opportunities for standardization or consolidation wherever feasible.Documentation & DeliverablesProduce validated, audit-ready deliverables, including:Process mapsProcess narrativesRACI matricesDeliver outputs in a reusable format for future transformations and AI initiatives.Provide regular updates and reports to key stakeholders, including Compliance and Process Owners.Knowledge TransferConduct structured handovers and walkthroughs to enable internal teams to maintain and enhance process documentation post-engagement.

Join RAKBANK as a Compliance Officer and play a vital role in enhancing our Compliance Monitoring function. You will independently conduct thorough reviews that encompass regulatory compliance, financial crime compliance (FCC), and conduct risks, as outlined in our Compliance Monitoring Plan (CMP). Your efforts will ensure the efficiency and effectiveness of our internal controls and compliance frameworks across the organization.Implement the approved compliance monitoring plan to evaluate the robustness of internal controls within various business units through thematic reviews.Document monitoring findings and promptly escalate any issues to the appropriate stakeholders.Assist in the creation and execution of corrective action plans to remediate identified gaps.Maintain comprehensive records of monitoring activities, including risk registers and issue logs.Prepare and present compliance monitoring reports and insights for both the business unit and management.Contribute to the improvement of compliance policies, procedures, and training based on monitoring results.Help identify emerging risk typologies or patterns through continuous reviews and data analysis.Ensure full compliance with internal policies, procedures, and standards in line with applicable regulatory and statutory requirements.Monitor and interpret updates from the Central Bank of the UAE (CBUAE) and other relevant regulatory authorities.Support the bank’s readiness for regulatory inspections and audits by keeping compliance documentation current and accurate.Conduct scheduled desktop and thematic reviews as per the compliance monitoring agenda.Aggregate and assess monitoring results using a pre-defined risk-rating matrix for management reporting.Track the resolution of identified control gaps and ensure timely follow-up.Prepare monitoring reports and dashboards for review by the Assistant Vice President and senior management.Maintain and update the issue tracker repository of identified risks and provide regular updates to senior management.Engage in team meetings, knowledge-sharing sessions, and training programs.Ensure adherence to CMA charter and methodology, along with other internal policies, procedures, standards, and all relevant regulatory/statutory requirements.Stay abreast of CBUAE regulations, guidelines, and international best practices in Financial Crime Compliance.

Job Title: Manager – Financial Crime Compliance (FCC) AdvisoryLocation: Dubai, UAE Type: Full-timeAbout the RoleAs a Manager within our Financial Crime Compliance (FCC) Advisory team, you will spearhead and supervise impactful client engagements focused on evaluating and strengthening FCC systems and controls. Your role includes managing the entire project lifecycle, providing leadership and support to project teams under the guidance of senior leadership, and ensuring the successful execution of complex engagements while fostering collaboration with cross-functional teams.About the FCC Advisory PracticeOur FCC Advisory team specializes in:Independent FCC Program assessments, third-party validations, and monitorships.AML Program development, enhancement, and remediation, including crafting and implementing key FCC program components like risk assessments and policy development.FCC technology support, encompassing independent validation and optimization of transaction monitoring and sanctions systems, along with vendor selection and implementation assistance.Key ResponsibilitiesDeliveryLead and execute high-caliber client engagements (ranging from small to medium-sized projects) and workstreams within larger programs, including:Conducting AML Program Assessments and Internal Audits.Performing gap analyses and executing agreed-upon procedures (AUPs).Engaging in third-party validations and monitorships.Formulating and executing FCC risk assessments, risk appetite statements, policies and procedures, transaction monitoring typology assessments, and customer risk assessment models.Assisting clients in designing or refining target operating models.Conducting or supporting AML vendor system evaluations.Facilitating regulatory interactions and delivering FCC training sessions for Boards and all lines of defense.Project ManagementOversee the planning, execution, and delivery of projects, including client updates, progress tracking, billing, and quality assurance.Manage project engagement formalities, including conflict checks, client acceptance, and documentation.Business & Practice DevelopmentLead business development initiatives, including proposal preparation, marketing campaigns, and thought leadership contributions.Participate in client meetings, offering strategic insights and actionable recommendations.Mentor and develop junior team members to ensure high-quality deliverables.

Job Title: Financial Crime Compliance PMO Manager / Senior ManagerLocation: Dubai Contract Duration: 6 months Level: Manager to Senior Manager Openings: 1 positionJob OverviewJoin our team as an accomplished Financial Crime Compliance PMO Manager / Senior Manager to spearhead the successful execution of Financial Crime Compliance (FCC) initiatives, regulatory remediation efforts, and supervisory actions. You will play a vital role in fulfilling regulatory commitments while ensuring accountability, transparency, and alignment among stakeholders.Key ResponsibilitiesOversee the comprehensive management of FCC projects, programs, supervisory actions, and commitments.Design and uphold effective PMO governance frameworks for FCC projects, including detailed project plans, milestones, dependencies, and risk management.Ensure compliance with the Bank’s project management standards and regulatory change governance protocols.Create and sustain thorough project plans, RAID logs, and performance dashboards across multiple FCC workstreams.Monitor and report on progress against established milestones, budgets, and resource allocations; proactively identify and address risks and delays.Prepare clear and concise reports for senior management, steering committees, and regulatory bodies, highlighting status updates, key challenges, and delivery risks.Track and validate the closure of regulatory findings, management actions, and necessary remediation items for CBUAE validation.Coordinate the preparation of regulatory responses, progress updates, remediation evidence packages, and attestations.Act as the main liaison between Compliance, FCC, IT, Operations, Risk, Internal Audit, and Business teams.Manage interdependencies across various workstreams, including policy, process, technology, data, and personnel.Support the management of external vendors and consultants involved in FCC initiatives.Oversee scope changes, prioritization decisions, and delivery trade-offs aligned with regulatory deadlines and the Bank’s risk appetite.Ensure all project deliverables adhere to quality standards suitable for regulatory review.Assist in internal quality assurance, independent testing, and audit evaluations of FCC programs.Maintain comprehensive project documentation, audit trails, and evidence repositories.Support FCC steering committees, regulatory forums, and senior management meetings, including agenda preparation and action tracking.Required Knowledge & SkillsExtensive experience in managing complex FCC or regulatory change programs within a banking or regulated environment.Strong understanding of AML/CFT regulations and practices.

About the OrganisationCapitex is a rapidly growing, international fintech company that operates across diverse markets, including Africa, Europe, and North America. As part of our expansion, we are enhancing our compliance function. Our organization leverages technology with significant investments in AI-driven compliance tools and agile processes, supported by a skilled technical team. We hold multiple payments-related licenses and are actively seeking additional regulatory approvals across various jurisdictions.Role OverviewWe are looking for a Compliance Manager to assist the Head of Compliance with a variety of first-line and second-line compliance activities. This is a dynamic role within a fast-paced fintech setting, ideal for individuals who are adaptable, proactive, and comfortable managing both operational and strategic compliance tasks. Your responsibilities will include policy development, licensing applications, risk assessments, oversight of monitoring systems, and general compliance operations. You will work closely with senior leadership and receive ongoing guidance to excel in your role.Key ResponsibilitiesFirst-Line ComplianceAssist in daily compliance operations, including transaction monitoring and sanctions screening utilizing AI systems.Document and escalate suspicious activities in compliance with AML regulations.Support Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) processes as required.Second-Line ComplianceDraft, review, and implement compliance policies and procedures.Support second-line monitoring and oversight functions.Prepare documentation for regulatory submissions and licensing applications across multiple jurisdictions.Engage in ongoing risk assessments and control evaluations.Licensing SupportContribute to regulatory applications in regions such as the UK, Africa, and North America.Assist with regulatory requirements for MLRO/Head of Compliance appointments.Support the development of compliance frameworks for new markets.Cross-Functional CollaborationWork with engineering and data teams on compliance processes and automation enhancements.Provide insights for improvements to AI-driven compliance systems.Engage with senior stakeholders during interviews, reviews, and assessments.

About the RoleCapitex is collaborating with a prominent banking institution in the UAE to enhance regulatory compliance and governance within its Financial Crime framework. This esteemed bank is on the lookout for a skilled Anti-Bribery & Corruption (ABC) Consultant to contribute to the strategic design, implementation, and continuous improvement of its ABC program, ensuring alignment with CBUAE regulations and international best practices.In this pivotal role, you will be instrumental in aligning the bank’s policies, controls, and monitoring frameworks with UAE regulatory expectations and global standards, including the UK Bribery Act and the US FCPA where applicable.Key ResponsibilitiesAssess and enhance the bank’s Anti-Bribery & Corruption framework, policies, and procedures.Perform gap analysis against:CBUAE Financial Crime Compliance requirementsUAE Penal Code provisions on briberyUK Bribery Act / FCPA (if relevant)Design and fortify:Gifts & Hospitality frameworksConflict of Interest registers and declarationsThird-Party Risk Management controlsVendor and intermediary due diligence processesSupport the implementation of robust ABC risk assessments.Develop and enhance monitoring and testing controls.Assist with regulatory response documentation and remediation actions.Provide advisory support to senior management and compliance committees.Conduct training and awareness sessions for business and control functions.Ensure documentation is audit-ready and compliant with internal governance standards.

Position: Regulatory Compliance Officer (Contract) Location: Dubai, UAERole Overview We are in search of a highly skilled Regulatory Compliance Officer to enhance our compliance initiatives in Dubai. This pivotal role involves ensuring that our organization consistently meets all relevant regulatory standards, particularly focusing on the regulations set forth in the UAE. The ideal candidate will adeptly liaise with regulatory authorities, decode regulatory changes, and facilitate the effective communication and implementation of evolving policies across our operations.Key Responsibilities Continuously monitor and interpret regulatory updates from the UAE Central Bank and other pertinent authorities. Serve as the primary contact for regulatory agencies, managing all communications and requests adeptly. Assist in regulatory reporting, ensuring timely and precise submissions. Analyze the implications of new and changing regulations on our business operations. Develop, revise, and implement compliance policies and procedures that align with regulatory mandates. Clearly communicate regulatory alterations to internal stakeholders and provide actionable guidance. Aid the business in integrating regulatory requirements into daily operations. Support regulatory inspections, audits, and reviews as necessary. Provide training and raise awareness on regulatory compliance responsibilities.

Join Airwallex as a Manager, Regulatory ComplianceAt Airwallex, we are redefining the financial landscape for global businesses through our unique and integrated payments and financial platform. With a proud origin in Melbourne, our innovative technology supports over 200,000 businesses globally, including industry leaders like Brex, Rippling, Navan, Qantas, and SHEIN. We are committed to providing seamless solutions that encompass business accounts, payment processing, spend management, treasury services, and embedded finance on a worldwide scale.With a valuation of US$8 billion, we are backed by elite investors such as T. Rowe Price, Visa, Mastercard, and Sequoia. Our team of over 2,000 passionate tech professionals spans 26 offices worldwide. If you are ready to make a significant impact on the future of financial technology, we invite you to join our ambitious team.What We ValueWe seek individuals who possess builder-like energy and a desire for real impact. Your expertise and insightful thinking will help us drive our mission forward. You should be adept at making swift, informed decisions while maintaining a balance between speed and thoroughness. Collaboration, humility, and the ability to transform innovative concepts into tangible products are key attributes we admire.As part of the Legal, Risk & Compliance (LRC) team, you will work alongside a talented group of legal and risk management professionals dedicated to ensuring our operations adhere to the highest standards of compliance and ethical conduct. The Global Regulatory Compliance Team plays a pivotal role in supporting Airwallex's growth by proactively identifying and managing compliance risks.

Join our dynamic team at Addepar as a Solutions Consultant, where you will play a critical role in guiding clients through our innovative financial technology solutions. You will collaborate with cross-functional teams to provide tailored consulting services and ensure that our clients maximize the value of our platform.

Job Title: Transaction Monitoring Analytics Consultant (Contract)Location: Dubai, UAE Engagement Type: Contract (Consulting Assignment) Industry: Banking / Financial ServicesOverviewJoin our dynamic team as a Transaction Monitoring Analytics Consultant and play a pivotal role in supporting a distinguished bank in Dubai with a critical financial crime compliance initiative. Your expertise will be instrumental in enhancing and optimizing transaction monitoring systems, aimed at bolstering detection capabilities, mitigating false positives, and ensuring adherence to regulatory standards. You'll be at the forefront of financial crime prevention, fine-tuning signals, and ensuring that no suspicious activities go unnoticed.Key ResponsibilitiesDesign, enhance, and optimize transaction monitoring scenarios and rules across AML systems.Perform threshold tuning and calibration to achieve a balance between detection efficiency and false positive rates.Conduct model validation and performance assessments of transaction monitoring frameworks.Analyze extensive datasets to uncover trends, typologies, and gaps in existing monitoring controls.Assist in the development and implementation of new detection scenarios in response to emerging risks and regulatory expectations.Collaborate with compliance, technology, and data teams to ensure seamless system integration and deployment.Document methodologies, assumptions, and validation results in compliance with regulatory standards.Provide insights and recommendations to enhance the overall financial crime risk management frameworks.Key RequirementsDemonstrated experience in transaction monitoring, AML analytics, or financial crime consulting.Strong practical knowledge of transaction monitoring systems (e.g., Actimize, Fircosoft, SAS AML, or similar).Experience in model validation, scenario design, and threshold optimization.Proficiency in data analysis tools (SQL, Python, SAS, or similar).Thorough understanding of AML regulations and typologies, preferably within banking environments.Aptitude for translating complex analytical findings into actionable business insights.Strong stakeholder management and communication skills.Preferred QualificationsExperience collaborating with Middle East banking clients or regulators.Familiarity with risk-based approaches and regulatory expectations in the UAE.Background in consulting or project-based environments.

Join AlphaSights as a Compliance Associate and leverage your Arabic language skills to ensure adherence to regulatory standards in our dynamic Dubai office. In this pivotal role, you will support our compliance team in monitoring activities, conducting risk assessments, and ensuring that our operations align with both local and international laws.

Job Title: Part-Time Senior Compliance Officer (SM16/17) – DubaiJoin Capitex, a premier player in the energy markets sector, as a proactive and seasoned Senior Compliance Officer (SM16/17) on a part-time basis in Dubai. This pivotal role merges Financial Crime Compliance with Regulatory Compliance, allowing you to provide strategic oversight while engaging in essential operational tasks. Your expertise will ensure our compliance standards are robust, effective, and aligned with regulatory expectations. This position begins part-time, with the opportunity for a transition into a full-time role in the future.Key Responsibilities: Regulatory Compliance Oversight:Lead the creation, implementation, and maintenance of compliance frameworks that align with DFSA, FSRA, and other pertinent UAE regulations.Track local and global regulatory changes affecting energy markets and trading.Draft, review, and update compliance policies, procedures, and manuals as required.Oversee regulatory reporting processes, ensuring timely and precise submissions.Financial Crime Compliance (FCC):Develop and manage the firm’s Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Anti-Bribery & Corruption (ABC), and Sanctions frameworks.Conduct continuous risk assessments of business operations and clients, ensuring adequate due diligence.Manage client onboarding processes, including KYC, CDD, and EDD as needed.Perform transaction monitoring and investigate suspicious activities, escalating concerns as necessary.Act as the primary contact for AML-related regulatory inquiries and audits.Senior Management Responsibilities (SM16/17):Hold senior management functions with accountability for the integrity and effectiveness of the compliance function.Deliver compliance updates and reports to senior management and board-level committees.Lead internal training initiatives to ensure compliance obligations are recognized and adhered to by all staff.Hands-On Operational Involvement:Engage actively in daily compliance monitoring, reviews, and investigations.Collaborate with front-office, operations, legal, and risk teams to foster a compliance-first culture.Lead thematic reviews, in-depth analyses, and targeted compliance audits as required.Regulatory Engagement:Serve as a key liaison with local regulatory bodies, ensuring all communications and inquiries are appropriately managed.

Join our dynamic team at vams as a SAP Finance Consultant. You will play a pivotal role in transforming finance operations through SAP solutions. Your expertise will help us enhance financial processes, optimize systems, and drive innovation within our clients' financial landscapes. We are looking for a consultant who is passionate about finance and technology, eager to collaborate with cross-functional teams, and committed to delivering exceptional results.

Join Aspora as the Head of Compliance in our Wealth Management division in Dubai. In this pivotal role, you will lead the development and execution of compliance strategies that adhere to regulatory standards while aligning with our business objectives. You will collaborate closely with senior management to ensure that our compliance framework is robust and effectively mitigates risks.As the Head of Compliance, you will be responsible for overseeing compliance operations, conducting risk assessments, and implementing training programs across the organization. Your expertise will help foster a culture of compliance and ethical behavior, ensuring our clients can trust us with their assets.

Join our dynamic team at Roland Berger in Dubai, where you'll have the opportunity to contribute to innovative projects and work alongside industry leaders. This position offers a unique chance to develop your skills in a vibrant and collaborative environment.

Join sia as a Data & AI Consulting Manager, where you will lead innovative projects that harness the power of data and artificial intelligence to drive transformative solutions for our clients. In this dynamic role, you will collaborate with cross-functional teams to develop strategies and deliver insights that enhance business performance.