Summary:
The article outlines an opportunity for a Junior Analyst position focused on AML, FATCA, and CRS compliance within the insurance sector in the UAE. Key responsibilities include validating documentation, ensuring adherence to regulatory requirements, and supporting compliance initiatives. Ideal candidates should possess relevant experience and qualifications in financial services.
Data and Details:
Job Title: Junior Analyst – AML, FATCA & CRS Compliance
Department: Compliance
Key Responsibilities:
- Collect, review, and validate FATCA and CRS self-certification forms along with KYC documentation.
- Conduct due diligence on clients to ascertain FATCA & CRS status and ensure tax residency information completeness.
- Assist in the development and implementation of AML, FATCA & CRS policies and procedures.
- Coordinate with internal and external parties to gather necessary KYC and tax information for onboarding and compliance processes.
- Maintain accurate records and tracking of AML, FATCA & CRS documentation per retention policies.
- Prepare and submit regulatory reports related to AML, FATCA, and CRS to relevant authorities.
- Participate in training programs concerning AML, FATCA, and CRS compliance.
- Stay updated on internal and external compliance requirements.
- Identify and escalate issues related to client information, documentation, or compliance processes.
- Assist in responding to regulatory inquiries and audits regarding AML, FATCA, and CRS.
- Develop and deliver training presentations on AML, FATCA, and CRS topics.
- Ensure compliance reporting deadlines are met according to agreed turnaround times (TATs).
Required Skills:
- Effective interpersonal and communication skills for liaising with stakeholders and clients.
- Strong organizational and time management abilities to prioritize tasks under pressure.
- Strong analytical skills with a solid understanding of industry best practices, internal controls, and regulatory requirements.
Qualifications:
- 1 to 2 years of experience in AML, FATCA & CRS compliance within the insurance, banking, or financial services sectors in the UAE.
- Bachelor’s degree in law, commerce, business administration, finance, or a related field.
- Preferred certifications include CAMS, ICA, or equivalent.
Application Process:
To apply for the Junior Analyst position, candidates should prepare their resume and cover letter highlighting their relevant experience and qualifications. Applications can be submitted through the designated link.
Apply Here: Junior Analyst – AML, FATCA & CRS Compliance
