Compliance Officer Required in Dubai - Dubai

Compliance Officer Required in Dubai

Responsible for the development and maintenance of the fair lending policy and program, and any other regulatory compliance responsibilities that may arise.
Preserves orderly And detailed work papers, assist management with the determination of the Cause of violations or exceptions, recommends corrective action, and drafts reports of compliance findings to senior management.
Conducts investigations with the business line and other staff stemming from system generated and/or external requests; analyze and investigate significant case escalations
Identify causes of unreal overdue.
Trace receivable Report and verify it.
Investigate Reconciling items and make sure entries should be fully documented
Test invoices listed in receivable report
Assess the Allowance for doubtful accounts and a determination of whether the method is appropriate for business environment
Confirm the allowance for doubtful accounts which may not reflect bad debt experience.
Confirm That Sales transactions are processed & settled in the correct periods, against correct accounts
Work cooperatively with other Department or BU’s
Delivers support and monitoring to various regulations
Liaise with other departmental heads to ensure That all business operations are in line with business policies.
Monitoring and evaluating various lines of business and cross functional activities performed across similar areas.
Ensure compliance risk requirements and processes Comply with the regulatory requirements, policies and program requirements and the business activities.
Determines potential risk areas and conducts periodic file reviews in accordance with Internal Departments
Evaluates and analyzes information uncovered during investigations and creates a Suspicious Activity.
Assist in the process of providing customer and coworker support to collect delinquent accounts and to provide support to collection team.
Determining appropriate customer support and collection activities by contacting customers and negotiating payment plans and settlement actions.
Create, modify, update, and implement the company’s policies for all contract terms with the customer

Requirements:

Minimum 2 years of experience with financial institutions regulatory compliance matters and/or fraud
knowledge of Collection, banking, billing & auditing.
Capacity to Prioritize effectively and multitask as necessary.
Goal oriented for improvement and development.
A successful candidate must have outstanding communication skills, anticipate, and deliver on the needs of a fast-paced and innovative business.
Must be proficient with computers and software applications.

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https://ae.linkedin.com/jobs/view/compliance-officer-at-juma-al-majid-holding-group-l-l-c-2941036349?

Posted on : 3 years ago, #114656, 15 views

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