Oadai Mahmoud Youins Abu Abed

• I am responsible to ensure the appropriateness of Compliance programme with applicable AML/CFT laws, regulations of the Central Bank of UAE.

• Responsible to maintain appropriate AML/CFT policies, procedures, processes and controls.

• Acting as the key contact point regarding all AML/CFT related matters/queries with the Central bank and other competent authorities.

• Client on boarding after obtaining all required documents and conducting site visits to ensure that client has genuine business.

• Conducting transaction monitoring to identify high risk, unusual and suspicious customers/transactions.

• Receiving Internal Suspicious Activity Reports (ISTRs) from the FLAs and analyzing them to take appropriate decision whether to report STR to the Financial Intelligence Department in a timely manner.

• I am responsible to develop and execute AML/CFT training programs considering all relevant risks of ML/FT and financing illicit organizations including the ways/means for addressing them.

• Conducting regular gap analysis between the company’s existing AML/CFT Procedures and current Laws, Regulations, Notices and the Standards of the UAE in order to determine the extent of the company’s level of compliance.

• Preparation and submission of quarterly reports with the board of directors on AML/CFT related matters and propose actions required to address the gaps in AML program against applicable laws.

• Preparation and uploading the monthly and quarterly remittance and FC reports on the Central Bank portal in a timely manner.

• Responding to Central Bank inquiries on the CB (IEMS) Portal.

• Preparation of MLRO report and submission of the same to the Owner AND Central Bank

• I am responsible to ensure the appropriateness of Compliance programme with applicable AML/CFT laws, regulations and international best practices
• Responsible to maintain appropriate AML/CFT policies, procedures, processes and controls
• Ensuring day to day compliance against internal AML/CFT policies and procedures
• Acting as the key contact point regarding all AML/CFT related matters/queries with the Central bank and other competent authorities
• Client on boarding after obtaining all required documents from the branches
• Conducting transaction monitoring to identify high risk, unusual and suspicious customers/transactions
• Receiving Internal Suspicious Activity Reports (ISTRs) from the FLAs and analysing them to take appropriate decision whether or not to report to the FID about those transactions in a timely manner
• I am responsible to develop and execute AML/CFT training programs considering all relevant risks of ML/FT and financing illicit organizations including the ways/means for addressing them; Conducting regular gap analysis between the company's existing AML/CFT Procedures and current Laws, Regulations, Notices and the Standards of the UAE in order to determine the extent of the company's level of compliance; Preparation and submission of quarterly reports with the board of directors on AML/CFT related matters and propose actions required to address the gaps in AML program against applicable laws.

• Supervise, train, evaluate, and mentor Exchange teller staff
• Track key Exchange and staffing metrics and produce reports
• Handle communication and behavior problems with customers and tellers
• Open and close the Exchange, reconcile accounts, and train staff about security
• Daily responsibilities include managing workflow of subordinates, monitoring cash levels, creating daily reports, organizing incoming and outgoing cash shipments, performing teller audits, and handling customer needs
• Monitoring the vault, handling the drive-up window, assisting with safe deposit boxes, accounting for the night depository, and encoding checks
• Provided telephone support
• Finally, I have good relationship with other Dealers in the market
• Which allowed me to trade Foreign Currencies between us.