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Manager, FCC Quality Assurance - Compliance

United Arab Bank
Sharjah Emirate, UAE
Full Time
Manager
1 weeks ago
Financial Crime ComplianceQuality AssuranceKYC/CDDEnhanced Due DiligenceTransaction MonitoringSanctions Screening
Free

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Financial Crime ComplianceQuality AssuranceKYC/CDD
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Job Brief

  • To support the independent Financial Crime Compliance (FCC) Quality Assurance function through the execution of risk based quality assurance reviews across key FCC processes, including customer onboarding, KYC/CDD, Enhanced due diligence (EDD), transaction monitoring, sanctions screening, and suspic
  • The role is responsible for assessing adherence to regulatory requirements, internal policies, procedures, and established FCC control standards, while identifying areas requiring enhancement and supporting continuous improvement across the FCC control environment.
  • The role operates independently from operational processes under review and supports the strengthening of the overall FCC governance and control framework through QA reviews, thematic assessments, root cause analysis, and remediation validation activities.

Responsibilities

  • Support the development, implementation, and enhancement of the FCC Quality Assurance framework, methodology, procedures, governance standards, and review approaches.
  • Participate in the enhancement of FCC QA methodologies, QA scorecards, sampling approaches, QA procedures, and FCC regulatory gap assessment review approaches.
  • Support the development of the annual FCC Quality Assurance plan using a risk based approach, considering regulatory expectations, enterprise wide FCC risk assessment outcomes, internal audit observations, regulatory findings, emerging risks, and operational risk indicators.
  • Conduct risk based QA reviews across FCC operational areas, including customer onboarding and KYC/CDD reviews, Enhanced Due Diligence (EDD), periodic review activities, transaction monitoring investigations, sanctions screening reviews, STR/SAR escalation and reporting processes, sanctions and watch
  • Assess adherence to UAE AML/CFT laws and cabinet decisions, CBUAE regulations and guidance, FATF recommendations, and internal FCC policies and procedures.
  • Identify control weakness, procedural gaps, documentation deficiencies, governance weaknesses, and inconsistencies in FCC review and investigation processes.
  • Perform thematic reviews and root cause analysis to identify recurring issues, trends, emerging risks, and areas requiring process enhancement.
  • Support remediation tracking, remediation validation, and closure assessment activities to ensure identified issues are appropriately addressed within agreed timelines.
  • Identify opportunities to strengthen FCC controls, QA methodologies, governance processes, and review practices through thematic analysis, lessons learned, and emerging regulatory expectations.
  • Support continuous improvement initiatives relating to QA frameworks, reporting capabilities, review approaches, automation opportunities, and control enhancement.
  • Prepare clear, concise, and risk focused QA observations, reports, dashboards, and management summaries for review by senior management.
  • Escalate material findings, control weaknesses, regulatory concerns, and governance issues to the Unit Head – FCC Quality Assurance.

Experience & Qualifications

  • Bachelor’s degree in finance, Economics, Computer Science, or a relevant discipline.
  • Professional certifications such as CAMS, ICA, CFE are preferred.
  • Minimum 5 – 8 years of experience within Financial Crime Compliance, compliance testing, QA, transaction monitoring, FCC analytics, internal audit, or related control functions.
  • Experience within UAE banking, consulting or advisory sector preferred.
  • Experience with FCC systems, transaction monitoring systems, sanctions screening systems, or management information reporting preferred.
  • Experience in conducting QA reviews, thematic analysis, trend analysis, or FCC reporting activities preferred.
  • Effective communication skills in English. Arabic language proficiency would be an added advantage.

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