indeed
MLRO / Compliance Officer – Precious Metals (DPMS/DNFBP
Fortress Bullion Trading LLC
Dubai, UAE
Full Time
Senior
Onsite
AED 55,000/month / month
2 weeks ago
AML/CFTRegulatory CompliancegoAMLKYC/CDD/EDDSanctions ScreeningRisk Assessment
Free
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AML/CFTRegulatory CompliancegoAML
About the Role
Fortress Bullion Trading LLC is hiring a senior MLRO/Compliance Officer to lead AML/CFT functions in Dubai. The role involves policy ownership, regulatory reporting, and risk decisions.
Key Skills for This Role
AML/CFTRegulatory CompliancegoAMLKYC/CDD/EDDSanctions ScreeningRisk Assessment
Responsibilities
- Act as the firm's registered MLRO / Compliance Officer of record with the Ministry of Economy and the UAE FIU
- Own and maintain the AML/CFT policy, procedures, and risk based control framework
- Review and approve KYC/CDD and EDD on B2B and B2C counterparties
- Oversee sanctions, PEP, and adverse media screening; adjudicate escalated alerts
- Own the firm's Customer Risk Assessment (CRA) methodology and the Business Risk Assessment
- Assess and file Suspicious Transaction Reports (STRs/SARs) via goAML
- Apply and enforce the AED 55,000 cash CDD trigger and related DPMS obligations
- Manage supervisory inspections, external independent audits, and advisor engagements
- Design and deliver AML/CFT staff training
- Advise senior management and the Board on money laundering, sanctions, and regulatory risk
Requirements
- 3+ years of AML/CFT compliance experience in the UAE
- Prior experience as a registered MLRO / Compliance Officer with a UAE supervisor strongly preferred
- Deep working knowledge of the UAE AML framework, including Federal Decree Law No. 10 of 2025, Cabinet Resolution No. 134 of 2025, and Ministry of Economy DPMS guidance
- Demonstrated goAML registration and STR/SAR filing experience
- Proven track record making and defending independent risk decisions on higher risk clients and transactions
- Strong drafting ability — clear, defensible memoranda, board papers, and file notes in English
- Bachelor's degree in law, finance, business, or a related field
Full Job Posting
Overview
- We are appointing a Money Laundering Reporting Officer (MLRO) / Compliance Officer to lead and own our AML/CFT function. This is the firm's senior compliance authority — the individual registered with the Ministry of Economy and the UAE FIU (goAML) and accountable to the supervisor and senior manage
Key Responsibilities
- Act as the firm's registered MLRO / Compliance Officer of record with the Ministry of Economy and the UAE FIU
- Own and maintain the AML/CFT policy, procedures, and risk based control framework, keeping them current with UAE law and supervisory guidance
- Review and approve KYC/CDD and EDD on B2B and B2C counterparties, corporate structures, shareholders, and Ultimate Beneficial Owners (UBOs)
- Oversee sanctions, PEP, and adverse media screening; adjudicate escalated alerts
- Own the firm's Customer Risk Assessment (CRA) methodology and the Business Risk Assessment
- Assess and file Suspicious Transaction Reports (STRs/SARs) via goAML, and manage all regulatory reporting and correspondence
- Apply and enforce the AED 55,000 cash CDD trigger and related DPMS obligations under Cabinet Resolution No. 134 of 2025
- Manage supervisory inspections, external independent audits, and advisor engagements
- Design and deliver AML/CFT staff training; foster a compliance culture across the business
- Advise senior management and the Board on money laundering, sanctions, and regulatory risk
- Maintain records, registers, and audit trails to UAE standards
Requirements
- 3+ years of AML/CFT compliance experience in the UAE
- Prior experience as a registered MLRO / Compliance Officer with a UAE supervisor (Ministry of Economy, Central Bank, or a Free Zone authority) strongly preferred
- Deep working knowledge of the UAE AML framework, including Federal Decree Law No. 10 of 2025, Cabinet Resolution No. 134 of 2025, and Ministry of Economy DPMS guidance
- Demonstrated goAML registration and STR/SAR filing experience
- Proven track record making and defending independent risk decisions on higher risk clients and transactions
- Strong drafting ability — clear, defensible memoranda, board papers, and file notes in English
- Bachelor's degree in law, finance, business, or a related field
Preferred
- CAMS, ICA Diploma, or equivalent senior AML certification
- Experience in precious metals, bullion or refining
- Experience standing up or overhauling a compliance framework, not just operating an existing one
Pay
- AED 4,000.00 AED 6,000.00 per month
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