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Job Title Risk Analyst
Job Location Dubai
Job Type Business/Professional Services & Support

The Role

Your primary responsibility will be to ensure we are meeting the financial crime and counter-terrorist financing requirements of regulators in the MEA region, assisting the business with financial crime queries and keeping abreast of new developments with legislation and regulatory requirements. This role will also include involvement in global anti-money laundering and sanctions processes and projects. You will work closely with the Financial Crime Team in the UK and the MEA Risk Team. As your familiarity with the firm and the MEA region develops, you will also assist the MEA Risk Team with more general day-to-day queries from the business.

The Team

The Risk Department provides support to the firm's senior management and to the wider business, to ensure that the firm develops and maintains the very highest standards of professional conduct, optimally manages risk and ensures compliance with legal and regulatory requirements. The role will also lead in promoting and embedding best practice in these areas throughout the firm's global network.

Key Responsibilities

  • Dealing with financial crime queries from the business
  • Provide assistance to the Business Acceptance Unit (BAU) in remediation of financial crime queries such as directors/PEP, lack of standard form documentation or red flags
  • Seeking sign off from MLRO's and Risk Partners when required by and advising the Case Handlers on any steps that need to be taken to mitigate the risks associated with the client
  • Keeping abreast of changes in AML and Sanctions regulations for the MEA Region and updating other team members and carrying out any research as required
  • Updating Country Risk Scores and keeping abreast of relevant information that affects the risk scores
  • Assisting with the drafting and updating of policies and procedures
  • Creating user guides and providing financial crime training as required and carrying out face-to-face training
  • Developing and updating Risk Assessments for the regions in which we operate, adapting them to changes in our policies and internal/external risk factors
  • Assisting with creating and refining firm-wide financial crime assessment methodologies
  • Assisting with internal audits and performing quality assurance monitoring to identify shortcomings/failures and to monitor planned improvements and reporting such findings back to the Head of BAU/COLP
  • Supporting any other queries, projects or tasks within the Risk or Sanctions Team as required

Experience and Skills Required

  • In-depth knowledge of anti-money laundering legislation. Familiarity with the regulations and requirements in MEA (e.g. Qatar Financial Centre or the Financial Intelligence Centre Act in South Africa) are an advantage but not essential.
  • A strong understanding of sanctions and their implications for an international law firm or equivalent.
  • Meticulous attention to detail.
  • Excellent communications skills.
  • Strong spelling and grammar skills.
  • Relevant qualifications (ICA/CISI certification in financial crime such as AML and sanctions) an advantage but not essential.
  • Strong MS Office skills.
  • Arabic would be beneficial but not essential.
  • Service orientated: Recognising internal and external clients and the importance of service delivery.
  • Ability to work as part of a team and using own initiative, manage own workload and adapt to changing priorities.
  • Flexible approach: Willing to assist others in achieving team objectives.
  • Confident dealing with senior management and ensuring service levels are adhered to. Well-disciplined and self-motivated.
  • Ability to work well under pressure often within short deadlines.
  • Confident and proactive approach.
  • Enthusiastic and positive attitude.

Business Services Competencies

Clyde & Co is committed to providing extensive, personal and professional development opportunities for our people enabling them to be highly effective in their current role as well as assisting them to fulfil their career aspirations.

The competencies are used to inform all aspects of Business Services career development. They vary across levels and different business areas and fall under the following areas:

  • Technical Excellence
  • People and Team
  • Client/Stakeholder Relationships
  • Service Delivery and Commercial Awareness
  • Personal Effectiveness

Clyde & Co

Clyde & Co is a dynamic, rapidly expanding global law firm focused on providing a complete legal service to clients in our core sectors. With over 60 offices and associated offices in over 120 countries and over 5,000 staff, we have genuine in-depth knowledge of our core regional and global sectors. Clyde & Co is one of the longest-standing international law firms operating in the Middle East and Africa. As a global law firm, we are able to provide a complete service to clients in our core sectors of insurance, transport, energy, infrastructure and trade & commodities.

As our clients have evolved, so have our core values, which are work as one, excel with clients, celebrate difference and act boldly. We believe that these values reflect our firm, our strategy and our commitment to delivering commercially-minded legal advice, client-focused services, and innovative technological solutions to support our clients.

Our Middle East and Africa footprint

Located in commercial hubs across the Middle East and Africa, our 8 offices allow us to support international investors and local organisations with a full-service offering of local specialists across most business sectors and areas of law.

Our services:Commercial, Commercial Disputes, Corporate, Cyber Risk, Data Protection & Cybersecurity, Employment & Immigration, Finance, Global Recoveries, Insolvency & Reorganisation, Intellectual Property, International Arbitration, Projects & Construction, Real Estate, Regulatory & Investigations, Technology

Our sectors:Aviation, Education, Energy & Natural Resources, Government & Public Bodies, Healthcare, Hospitality, Infrastructure, Insurance & Reinsurance, Marine, Retail & Consumer, Technology, Communications, Media & Entertainment, Trade & Commodities