Compliance Analyst - Dubai

Compliance Analyst

About Us

Sokin is a leading B2B financial services provider that enables global payments and receivables for businesses. Our mission: make cross-border transactions cheaper, faster and more transparent – at the best wholesale exchange rate.

We’re a new-age payments solution aiming to empower business trade cross-border with ease, with greater speed, and at reduced cost. Our clients can hold, send, receive and exchange over 75 currencies at a fixed rate through a single access point, as well as benefit from SokinPay’s integrated payment acceptance functionality. With a global infrastructure and industry-leading partners, we are rapidly becoming one of the biggest names in modern remittance.

Sokin has a rapidly increasing client base ranging from sports & entertainment to logistics, travel and more. We have grand plans and are looking to add to our already brilliant team to help us achieve our goals.

Responsibilities

1. Perform AML and KYC checks and ongoing transaction monitoring for existing corporate clients.
2. Identifying and verifying potential corporate client's identity (includes data collection, identification, verification, politically exposed person/sanctions lists check)
3. Complete client due diligence searches
4. Maintaining KYC records
5. Responsible for verification of client data to be added to the internal systems to be in line with client documentation.
6. Manage case load and take ownership by tracking with business owners to ensure cases complete in a timely manner
7. Liaise with business owners to clarify, investigate, escalate and resolve issues as they arise
8. Monitor and manage the KYC mailbox
9. Completing ad hoc compliance tasks as required.

The main responsibilities of this role are outlined above; however, this description is not exhaustive, and the job holder may be required to undertake additional duties from time to time to ensure the smooth running of the department. The role may require some working outside our normal working hours.