Head of Compliance & MLRO – Islamic Bank

RTC-1 Employment Services (recruiting for a leading global Islamic banking group)
full-timeDubai, UAESenior LevelDirectorUp to AED 40,000
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Job Description

Senior Compliance Officer and Money Laundering Reporting Officer (MLRO) at a leading global Islamic banking group with operations across the UAE and Bahrain. This role provides strategic oversight of the bank's entire AML/CFT framework and serves as the primary regulatory liaison with the Central Bank of UAE, Financial Intelligence Unit, and other authorities.

**Key Responsibilities:**

  • Oversee all AML/CFT functions including customer due diligence, enhanced due diligence, transaction monitoring, sanctions screening, correspondent banking controls, and suspicious activity reporting
  • Advise senior management and the Board on regulatory developments, emerging compliance risks, and remediation strategies
  • Manage regulatory inspections and maintain relationships with regulators and auditors
  • Lead the compliance team and overall compliance program, including regulatory change management, investigations, quality assurance, risk assessments, annual compliance planning, training, and Board reporting

**Requirements:**

  • Arabic-fluent speaker, aged 48 or below
  • Bachelor's or Master's degree in Finance, Accountancy, Law, or Commerce
  • Minimum 12 years of senior-level banking compliance and AML/CFT experience in regulated financial institutions
  • Expert knowledge of CBUAE regulations, UAE AML/CFT requirements, sanctions frameworks, regulatory reporting, and financial crime compliance
  • Proven regulatory engagement experience and track record managing inspections and remediation
  • Senior leadership experience managing compliance teams and engaging with regulators, Board members, and senior management
  • ACAMS certification required; ICA, CFCS, or other compliance qualifications advantageous

**Compensation & Benefits:**

  • Base salary up to AED 40,000 per month (including fixed allowances), based on experience and qualifications
  • Medical insurance for self and family
  • Annual airfare allowance for self and family

**Position Details:**

  • Type: Full-time
  • Location: Dubai, UAE
  • Open to all nationalities