Saad bin Arif

- Ensure full compliance with UAE AML/CFT laws. - Develop and implement the AML/CFT Compliance Program for the company. - Conduct Enterprise-Wide Risk Assessments (EWRA) and update risk appetite. - Oversee client risk classification (high, medium, low) and define acceptance criteria. - Monitor transactions for suspicious patterns and ensure appropriate documentation. - Ensure registration and compliance with the GOAML system. - Approve all onboarding files with complete KYC/CDD documents. - Conduct EDD for high-risk clients, foreign PEPs, non-residents, or clients with complex structures. - Verify Source of Funds (SoF) and Source of Wealth (SoW) for all property purchases. - Review title deeds, bank statements, trade licenses, and cash receipts for authenticity. - Perform PEP, Sanctions, and Adverse Media screening using tools like LexisNexis, Bridger Insight. - Conduct ongoing monitoring of high-risk clients and update KYC periodically. - Screen all parties involved in deals, including intermediaries and developers. - SAR/ STR/ REAR Reporting. - Maintain a log of filed and considered reports for audit and inspection purposes. - Review and approve property sale/purchase deals before commission or transaction finalization. - Ensure that no deal is approved or disbursed without full compliance clearance. - Enforce internal SOPs linking deal closures with compliance checks. - Develop and conduct AML/CFT training programs (basic & advanced) for staff. - Act as the main point of contact for the Ministry of Economy (MOEC), FIU, and auditors. - Ensure timely submission of annual AML returns and semi-annual reporting obligations. - Handle MOE Inspections. - Review and verify agency agreements, referral contracts, and powers of attorney. - Prepare monthly, quarterly, and annual compliance reports to senior management. - Maintain logs of compliance breaches, investigations, and remediation actions. - Advise executive leadership on emerging risks and compliance gaps.