Associate Compliance Manager (Mandarin Speaker)

Role Description

The Compliance Manager will oversee the bank’s AML/KYC framework and regulatory compliance activities with a focus on supporting wholesale banking operations. Key responsibilities include:

AML/KYC Governance & Client Life-cycle Management

• Oversee end-to-end KYC renewals and on-boarding for all clients, including Enhanced Due Diligence (EDD) for high-risk relationships.

• Monitor and resolve overdue items and exceptions in KYC due diligence workflow promptly.

• Conduct assessment of STR/SAR alerts and coordinate with business units to complete EDD cases.

• Handle sanctions-related transaction screening and retrospective screening alerts.

• Perform sampling and audits of KYCs completed by KYC teams.

• Maintain compliance system parameters(e.g., risk rating and watch-lists) to ensure accuracy.

Head Office Reporting

• Handle and coordinate with the branch to complete related monthly, quaterly and annually report to the Head Office.

• Assist in Compliance system management and communication with relevant Head Office team.

Regulatory Compliance & Reporting

• Serve as Primary responsible for UAE FIU IEMS reports and assist the MLRO in responding to inquiries from regulator.

• Prepare and distribute enforcement case studies to branches and develop quarterly regulatory trend reports.

• Prepare various operational reports to branch management/Head Office.

• Support preparation work of DFSA Annual Return filing and AML Risk Assessments.

Policy, System & Risk Oversight

• Assist in reviewing, updating, and implementing Compliance/AML policies in alignment with DFSA regulations.

• Conduct initial Risk assessment for customers and transactions, escalate to department head.

• Lead remediation of Head Office/Internal Audit findings and implement preventive measures.

• Support optimization of bank systems (Screening tools, case management).

Compliance Committee

• Prepare materials, presentations and minutes, for Quarterly Compliance Committee Meetings.

• Drive ad-hoc initiatives: system enhancements, regulatory gap analyses, and training programs.

Training

• Support preparation work of compliance related training sessions to new employees, business departments.

Any other responsibility assigned by the bank or person in charge of the department from time to time on the basis of requirement.

Qualifications

• Bachelor’s degree in Finance, Law, Business or related field.
• Financial sector experience preferred, banking compliance experience preferred.
• AML/KYC Operations: STR/SAR assessment, EDD, client life-cycle management.
• Risk Governance: Audit remediation, policy implementation, banking businesses compliance reviews.
• Analytical Rigor: Sampling, exception resolution, risk rating validation.
• Project Execution: System optimization, training, gap analysis.
• Fluent English, Mandarin is a must.
• A collaborative mindset towards business and compliance teams.