Controls Officer

We have a new opportunity for "Data Scientist {GenAI" with our client. Interested candidates send me your CV to prave.p@lancesoft.comTitle : Controls Officer Location : DubaiDuration : 12+ MonthsJOB PURPOSE:Independently oversee and govern controls function for Retail Banking by ensuring robust control frameworks, effective risk identification and mitigation, strong audit outcomes, and regulatory compliance across branches and retail operations.The role drives consistent execution of ongoing AML monitoring, new on-boarding KYC – Standard and Enhanced due diligence, periodic KYC reviews and ODD, sanctions related review for payment screening, review of fraud alerts. operational risk standards, supports control remediation, and enables the retail business to operate efficiently, safely, and within approved risk appetite.KEY ACCOUNTABILITIES:Conduct due diligence for all Retail Banking customers and also to ensure that quality KYC’s are reviewed, ensuring accurate, adequate and complete information of the customer.Ensuring TAT is met by controls and compliance for on-boarding by ensuring the quality and detailed review is met.Provide timely response on compliance related queries/issues and escalation if it is not resolved in timeBlock / escalate any suspicious transactions / activities / profilesInvestigate Fraud, Compliance, Sanctions and AML (Anti Money Laundering) queries raised on Retail Banking accounts and ensure resolution within the stipulated timelinesConduct enhanced due diligence on retail customers including Name screening and public domain searchesMake appropriate recommendations for approvals in line with bank policy and relevant AML / Central Bank regulationsPromptly highlight and escalate client transactions and activities that appear suspicious in natureTo ensure that the set standards for SLA’s are met at all the timesTimely closure data led reviews assigned by line managerAlign with banks KYC remediation program and ensure this is applied in ODD with nil data errors or leakageMaintenance of all mandatory KYC fields, data and documents with no gapsSKILLSProblem solving Demonstrates the ability to apply critical thinking skills to solve problems be generating, evaluating and implementing solutions.Planning and organizing Plans and organizes work to manage time effectively and accomplishes assigned tasks.Business fundamentals Having fundamental knowledge of the organization and industry.Working with tools and technologySelecting, using and maintaining tools and technology to facilitate work activity.Critical thinking Using logical thought processes to analyze and draw conclusionsQUALIFICATIONS & EXPERIENCE:Minimum Qualification:Bachelor's degree, preferably Commerce / Finance / IT / Engineering or similarPreferred:CAMSMBACertification or experience fields in AML/CFT, Operational Risk, Financial Analysis, etc.Interested candidates send me your CV with below details.Expected salary:Notice Period:Current Location:Citizen / Visa Status / Work Permit: