AML ANALYST I Dubai

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai.

Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health.

With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer.

Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

We are currently seeking an AML Analyst to join our Insurance Division.

The AML Analyst is responsible for assisting the Compliance Department in establishing and implementing internal procedures related to Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Counter-Proliferation Financing (CPF), Foreign Account Tax Compliance Act (FATCA), and Common Reporting Standard (CRS).

The role supports the Compliance Department in ensuring that an appropriate framework, governance structure, and controls are in place to maintain compliance across the Insurance Division in line with applicable AML, CTF, CPF, FATCA & CRS regulatory requirements.

• Assist the Compliance Department in the development and implementation of AML, CTF, CPF, FATCA, and CRS policies and procedures.
• Regularly coordinate and follow up with internal departments to obtain required due diligence documents.
• Execute due diligence activities in accordance with defined processes and applicable regulatory guidelines.
• Complete enterprise-wide risk assessments and client risk assessments in accordance with established procedures and regulatory requirements.
• Track and manage relevant documentation in accordance with the record retention policy.