MOHAMED MAHBOOB JALEEL MBA CAMS

Wall Street Exchange was established in 1982 and is one of the first exchange houses licensed by the Central Bank of the UAE. The company provides a wide range of financial services and exchange solutions for both individual and corporate customers across the UAE. Its products and services include foreign currency exchange, local and international money transfers, payroll and WPS solutions, corporate remittance services, wholesale banknote services, bill payments, and other value-added financial services. The organization operates in a highly regulated environment and is committed to delivering secure, compliant, and customer-focused financial solutions.

Lead AML and compliance initiatives to strengthen the organization's financial crime prevention framework while ensuring full compliance with regulatory obligations and industry best practices.

Key Responsibilities

• Support the Head of Compliance in implementing and enhancing the AML/CFT compliance framework.
• Lead customer due diligence, enhanced due diligence, and ongoing monitoring activities for high-risk relationships.
• Conduct enterprise-wide AML risk assessments and recommend mitigating controls.
• Oversee transaction monitoring activities and investigate suspicious transactions.
• Ensure accurate and timely submission of regulatory reports and suspicious transaction reports.
• Coordinate regulatory examinations, compliance reviews, and internal and external audits.
• Develop and maintain AML policies, procedures, and control frameworks.
• Deliver AML training and awareness programs across the organization.
• Liaise with regulators, auditors, law enforcement agencies, and business stakeholders on compliance matters.
• Monitor regulatory developments and implement required compliance enhancements.

Managed customer due diligence, transaction monitoring, regulatory reporting, and financial crime risk assessments while supporting the Head of Compliance in maintaining an effective AML compliance program.

Key Responsibilities

• Conducted customer onboarding reviews and due diligence assessments in line with regulatory requirements.
• Performed Enhanced Due Diligence (EDD) for high-risk customers, business partners, and Politically Exposed Persons (PEPs).
• Conducted transaction monitoring reviews and investigated unusual customer activities.
• Prepared and submitted regulatory reports including GOAML, IEMS, and other compliance filings.
• Investigated and reported suspicious transactions in accordance with AML regulations.
• Reviewed AML questionnaires and responded to compliance requests from local and international banking partners.
• Coordinated Central Bank, external, and internal audits.
• Developed and delivered AML compliance training and awareness programs.
• Conducted employee screening and compliance checks as part of onboarding processes.
• Collaborated with business units and senior stakeholders to resolve compliance-related matters.

Supported AML compliance operations through transaction monitoring, customer due diligence, sanctions screening, investigations, and regulatory reporting activities.

Key Responsibilities

• Conducted AML investigations to identify suspicious activities and financial crime risks.
• Performed KYC, CDD, EDD, sanctions screening, PEP screening, and adverse media reviews.
• Prepared and escalated Suspicious Activity Reports (SARs) through GOAML.
• Conducted customer risk assessments and ongoing monitoring reviews.
• Performed trigger-based, targeted, and segment-based investigations.
• Reviewed Source of Funds (SOF) and customer documentation to assess AML risks.
• Managed customer lifecycle reviews and periodic compliance assessments.
• Collaborated with internal stakeholders and business units to resolve compliance issues.
• Maintained compliance records and investigation documentation in accordance with regulatory requirements.

Oversaw branch operations, remittance services, and customer onboarding activities while ensuring compliance with KYC requirements and operational procedures.al procedures, AML guidelines, and service quality standards.