# Job Title: Senior Financial Crime Compliance Consultant - Correspondent Banking

> Capitex · Dubai, United Arab Emirates · Full-time · Posted 2025-07-18

**Workplace:** on_site

## Description

### **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 experienced **Financial Crime Compliance (FCC) Consultant** to lead the development and implementation of a comprehensive **FCC framework** for a bank with correspondent banking activities, based in **Dubai**. This is a senior-level contract position requiring deep subject matter expertise in financial crime compliance within the context of **correspondent banking**, along with hands-on experience designing, building, and rolling out FCC frameworks.

### **Key Responsibilities:**

-   Lead the design and end-to-end development of a **Financial Crime Compliance framework** tailored 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 of **customer due diligence (CDD)**, **enhanced due diligence (EDD)**, **transaction monitoring**, **name screening**, and **sanctions compliance** procedures.
-   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 applicable **UAE Central Bank**, **DFSA**, and other relevant international regulatory requirements.
-   Prepare documentation for internal review and potential regulatory submission.

### **Required Experience & Qualifications:**

-   Minimum **10 years of experience** in **financial crime compliance**, with a strong focus on **correspondent banking**.
-   Proven track record of **building and implementing FCC frameworks** from the ground up.
-   In-depth understanding of **global FCC standards**, including **FATF recommendations**, **Wolfsberg Correspondent Banking Due Diligence Questionnaire (CBDDQ)**, **Basel Committee** guidance, and **OFAC/EU/UN sanctions regimes**.
-   Strong familiarity with the **UAE 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.

## Apply

[Apply at Capitex](https://apply.workable.com/capitex/j/3F0CF115C6/apply)

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