Compliance Officer

Compliance Officer – Bullion & Precious Metals TradingPosition: Compliance Officer / AML Compliance OfficerIndustry: Gold Bullion & Precious Metals TradingLocation: Dubai, UAESalary - 5000-6000 AED Job SummaryWe are seeking an experienced Compliance Officer to manage and oversee the company’s AML/CFT, sanctions, and regulatory compliance framework for bullion and precious metals trading activities.The candidate must have strong knowledge of UAE AML/CFT regulations applicable to Dealers in Precious Metals and Stones (DPMS) and practical experience using the UAE FIU goAML portal.Key Responsibilities* Ensure the company complies with applicable UAE AML/CFT laws, regulations, Cabinet Decisions, and regulatory guidance relevant to bullion and precious metals trading.* Maintain and regularly update the company’s AML/CFT policies, procedures, risk assessments, and compliance controls.* Perform KYC, CDD and Enhanced Due Diligence (EDD) on customers, suppliers, intermediaries, UBOs, and other counterparties.* Conduct sanctions, PEP and adverse-media screening and appropriately document the results.* Assess the source of funds, source of wealth, country of origin of gold, transaction purpose, and counterparty risk where required.* Monitor bullion transactions and identify unusual or potentially suspicious activity.* Have strong practical knowledge of the goAML portal, including preparation and submission of applicable reports such as STRs/SARs and DPMS-related reports, where required.* Manage regulatory reporting and maintain proper AML/compliance records in accordance with UAE requirements.* Monitor updates to UAE AML/CFT, sanctions and DPMS regulations and implement required changes within the company.* Provide AML/CFT training and guidance to management and relevant employees.* Support compliance requirements from banks, auditors, regulators, logistics providers and other counterparties.* Maintain a complete compliance audit trail and ensure documentation is readily available for regulatory inspection or audit.* Report material compliance issues and suspicious activities to senior management and the relevant authorities where required.Candidate Requirements* Minimum 2–3 years of AML/Compliance experience, preferably within gold bullion, precious metals.* understanding of UAE AML/CFT legislation and the regulatory framework applicable to DPMS businesses.* Hands-on experience with the UAE goAML portal is strongly preferred/required.* Good knowledge of KYC/CDD/EDD, UBO verification, sanctions screening, PEP screening, transaction monitoring and suspicious transaction reporting.* Familiarity with UN and UAE sanctions requirements and major international sanctions frameworks.* Experience dealing with compliance queries from UAE banks and regulators is highly preferred.* Strong documentation, analytical and communication skills.* Ability to independently manage the company’s day-to-day compliance function.