FINANCIAL RISK AND COMPLIANCE ANALYST

A great opportunity has come up with a major international law firm to be part of their Risk and compliance team to provide support for their middle east office – they are ideally looking for someone to be based in their Doha office but for candidates with Middle east experience in a law firm they will also consider the role being based in their Dubai office.

Key duties

• AML/CTF: Understand all relevant internal and external rules, regulations and procedures, guidance and best practice.
• Ensure AML record keeping and administration tasks are performed to a high standard and with detailed care and attention.
• Perform new business intake tasks in the middle east offices including carrying out CDD and AML database checks using various databases and screening tools.
• Undertake research on new and existing (including high risk) clients and matters using research tools including analysis of constitutional documents, organisational structure charts and advising whether additional CDD is required.
• Undertake and draft detailed risk assessments for lawyers analysing relevant client and matter risks including identifying high risk factors, CDD/EDD steps undertaken, adverse media screening checks, source of wealth and funds analysis and ancillary information.
• Assist with transactional activities/investigations and liaise with Middle east accounts and billing teams.
• Liaise with lawyers and other colleagues globally in relation to Middle East AML/KYC requirements and client on-boarding.
• Undertake monitoring of the Firm’s clients in compliance with ongoing monitoring obligations and monitor risk assessment processes.
• Assist in the preparation for internal and external audits of the Firm’s AML/KYC and related compliance procedures.

Experience and skills required

• Excellent command of written and spoken Arabic and English.
• Ideally at least two year’s risk and compliance or relevant experience at an international law firm.
• Experience liaising with secretaries and lawyers in relation to compliance issues arising on matters.
• Good knowledge of Dubai and Doha specific AML, CTF and sanction laws and regulations and other compliance related legislation essential.
• Knowledge of the workings of the relevant Middle East regulators and authorities.