Compliance Associate, AML

Department: Compliance

Employment Type: Contract

Location: Egypt

Reporting To: Rajesh Kumar

Description

The Compliance Associate supports the Firm’s financial crime control framework across the full customer lifecycle, delivering front-line operational execution for onboarding due diligence, screening, and transaction monitoring across both BNPL and SVF product lines.

The role provides day-to-day disposition of alerts and cases and acts as an advisory resource to the Business and Scoring team.

Key Responsibilities

• Review and assess screening results (e.g., sanctions, PEPs, adverse media), escalating potential matches in line with internal procedures.
• Conduct enhanced due diligence (EDD) on high-risk customers and merchants, ensuring all findings are well-documented and meet regulatory expectations.
• Review and verify Know Your Business (KYB) documentation to ensure accuracy, completeness, and compliance with UAE regulatory standards.
• Assist in the monitoring and investigation of unusual or suspicious transactions, including documenting findings and escalating cases where appropriate.
• Maintain comprehensive notes and audit trails for all compliance reviews, investigations, and decisions.
• Work closely with internal teams (e.g., onboarding, risk, legal) to resolve compliance issues and queries in a timely manner.
• Help ensure that all compliance records and systems are updated and maintained in accordance with internal policies.
• Stay informed of relevant UAE AML/CFT regulations and industry developments.

Skills, Knowledge & Expertise

• Bachelor’s degree in a relevant field (e.g., Law, Finance, Business, or related discipline).
• 1–2 years’ experience in a compliance, KYC/KYB, or financial crime function (preferred but not essential).
• Strong analytical skills and attention to detail.
• Familiarity with AML, sanctions screening, KYC/KYB, and EDD processes.
• Excellent written and verbal communication skills in English.
• Ability to work independently and manage tasks effectively from a remote location.
• High level of integrity and professionalism when handling confidential information.

Job Benefits

• Experience in a FinTech, payments, or financial services environment.
• Understanding of UAE AML/CFT regulatory frameworks and compliance requirements.
• Proficiency with compliance tools such as screening platforms, transaction monitoring systems, or case management tools.