Compliance Analyst

To provide fast, accessible and digital lending solutions for SMEs. In this role, that means:

• Conducting thorough customer due diligence, manage AML risk assessments and help maintain the company's compliance with financial regulations.

Success in this role means:

• Complete customer risk assessments within agreed SLA's
• Maintain a high quality of work against defined Quality Assurance standards

Important Stuff

• Flexibility - We have an office in DIFC, Dubai
• Reporting to - Senior Compliance Analyst
• Start Date - ASAP or February 2025
• Interviews - 2 rounds including an online case study, totaling around 2-3 hours commitment over 2 weeks
• Your team - This opportunity sits within the Compliance team and will be reporting into the Senior Compliance Analyst, with a dotted reporting line to the Head of Credit Operations.

Day to day, you will...

• Conduct thorough KYC checks on new and existing customers to verify their identity, assess risk levels, and ensure compliance with regulatory requirements.
• Review, analyse and validate customer documentation, including identification, financial statements, corporate structures and beneficial ownership information - ensuring compliance with internal procedures.
• Conduct ongoing monitoring of clients, including periodic reviews and enhanced due diligence when required.
• Assist with the preparation and submission of reports, including suspicious activity reports (SARs) and regulatory filings.
• Contribute to improving and refining compliance processes, helping the company remain at the forefront of regulatory changes.
• Collaborate with internal stakeholders, such as Business Development and Operations teams, to streamline the onboarding process while maintaining compliance standards.
• Review screening results for Politically Exposed Person (PEP), Sanctions and Adverse Media and analyse the results to eliminate or confirm matches.
• Stay abreast of changes in regulatory requirements and industry best practices related to KYC and AML compliance.
• Identify potential AML concerns and escalate to appropriate senior management during the onboarding and ongoing review process.
• Collaborate with the broader Compliance team to provide compliance support where required.
• Conduct periodic reviews triggered by significant events.

This might be for you if...

• You have a strong understanding of AML and KYC practices, and you're eager to stay up to date with regulatory changes.
• You have excellent analytical skills and are able to spot potential risks quickly.
• You possess keen attention to detail and demonstrate clear and empathetic communication.
• You are curious and proactive, always seeking ways to improve processes and workflows.
• You like to collaborate with multiple teams to get things done.
• You have a can-do attitude and are keen to take ownership of tasks.

Bonus Points for...

• Familiarity with DFSA
• Proficiency with MS Excel
• Previous compliance experience in a banking or financial services organization

About Beehive

Embark on a thrilling career journey at the forefront of the UAE's biggest fintech revolution! Join our dynamic team and be part of reshaping the financial landscape by leveraging cutting-edge technology and innovation. This is your chance to be a trailblazer, actively shaping the future of finance in one of the most exciting and dynamic markets. Don't miss out on the opportunity to be a key player in the fintech revolution where your ideas, energy, and passion can make a lasting impact.