Job Title: Senior Financial Crime Compliance Consultant - Correspondent Banking

Job Title:Senior Financial Crime Compliance Consultant – Correspondent Banking (Contract)

Location:Dubai, United Arab Emirates
Contract Type:Fixed-Term Contract

Job Overview:

We are seeking a highly experiencedFinancial Crime Compliance (FCC) Consultantto lead the development and implementation of a comprehensiveFCC frameworkfor a bank with correspondent banking activities, based inDubai. This is a senior-level contract position requiring deep subject matter expertise in financial crime compliance within the context ofcorrespondent banking, along with hands-on experience designing, building, and rolling out FCC frameworks.

Key Responsibilities:

• Lead the design and end-to-end development of aFinancial Crime Compliance frameworktailored to correspondent banking activities.
• Assess existing FCC infrastructure and identify gaps against international best practices and regulatory expectations (e.g., FATF, Wolfsberg Group, local UAE regulations).
• Define and implement policies, procedures, and controls to manage FCC risks specific to correspondent banking.
• Advise on the implementation ofcustomer due diligence (CDD),enhanced due diligence (EDD),transaction monitoring,name screening, andsanctions complianceprocedures.
• Collaborate with internal stakeholders (Compliance, Risk, Legal, Operations, etc.) to ensure the FCC framework is fit for purpose and aligned with the bank’s overall risk appetite and business strategy.
• Support the development of a governance model, reporting structures, and key risk indicators (KRIs) for FCC.
• Provide guidance on training and awareness programs related to FCC in the correspondent banking context.
• Ensure the framework is aligned with applicableUAE Central Bank,DFSA, and other relevant international regulatory requirements.
• Prepare documentation for internal review and potential regulatory submission.

Required Experience & Qualifications:

• Minimum10 years of experienceinfinancial crime compliance, with a strong focus oncorrespondent banking.
• Proven track record ofbuilding and implementing FCC frameworksfrom the ground up.
• In-depth understanding ofglobal FCC standards, includingFATF recommendations,Wolfsberg Correspondent Banking Due Diligence Questionnaire (CBDDQ),Basel Committeeguidance, andOFAC/EU/UN sanctions regimes.
• Strong familiarity with theUAE regulatory landscape, including Central Bank of the UAE requirements and regional compliance expectations.
• Experience interacting with regulators and senior executive stakeholders.
• Professional certifications preferred (e.g.,CAMS,ICA Diploma,CFCS).
• Excellent written and verbal communication skills in English.

Ideal Candidate Profile:

• Strategic thinker with the ability to translate compliance principles into practical, operational frameworks.
• Self-starter who thrives in fast-paced environments and can work independently with minimal oversight.
• Strong stakeholder engagement skills and cultural awareness, ideally with experience working in the Middle East or GCC region.