Digital Assets Compliance
Job Board

About us: Network International is the largest Financial Technology company in the Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we have been growing in the direct-to-consumer card segment as well.

Our EVP: At Network International, we always stay ahead. . In the fast-paced world of financial services, we thrive on innovation, agility, and purposeful collaboration. We invest first in our people, empowering you to make bold decisions, learn fast, and grow your expertise alongside industry leaders. Here, solving complex problems means more than using cutting-edge technology; it’s about creating meaningful value for our customers, together. We foster a culture where trust, accountability, and achievement go hand in hand—because success isn’t just a goal; it’s how we work, every day, as one team.

Role Purpose: – The AML analyst is responsible for executing regulatory-compliant onboarding, customer identification, enhanced due diligence, and ongoing monitoring activities across Network International’s merchant portfolio. The role ensures that all onboarding and periodic review processes meet the requirements of the Central Bank of the UAE AML/CFT Rulebook, scheme compliance standards, and internal AML policies under the oversight of the MLRO.

Key Responsibilities

1. Merchant Onboarding & CIP Execution

1. Conduct comprehensive KYC and CIP checks for all merchants in line with CBUAE requirements.
2. Review and validate all mandatory documentation, including trade licenses, establishment documents, passports/Emirates IDs of owners and authorized signatories, and PII information.
3. Independently verify document authenticity through official and regulatory sources.
4. Ensure accurate identification, verification, and risk assessment of UBOs, directors, authorized signatories, and related/connected parties.
5. Perform screening using Dow Jones (sanctions, PEP, adverse media, state-owned entity indicators, PREP indicia) and ensure results are documented and escalated where required.
6. Liaise with Compliance, Fraud, Scheme, and Operations queues to ensure timely and complete onboarding review.

2. Customer Risk Rating & Due Diligence Cycles

1. ? Determine merchant risk levels based on MCC, business nature, transactional expectations, and overall risk indicators.
2. ? Categorize merchants into High, Medium, and Standard risk and ensure corresponding due diligence cycles:

o High Risk: Annual EDD

o Medium Risk: Every 2 years

o Standard Risk: Every 3 years

1. ? Assist in the calibration and maintenance of risk assessment templates and onboarding checklists.

3. Periodic Reviews & Ongoing Due Diligence

1. Conduct periodic KYC updates and refreshes in accordance with regulatory requirements and internal timelines.
2. Trigger reviews based on merchant behavioral changes, red flags, scheme alerts, unusual activity, or transaction pattern deviations.
3. Verify updated documents, ownership changes, and revised beneficial ownership structures.
4. Ensure ongoing screening of merchants and UBOs is executed and escalated appropriately.

4. Monitoring, Typology Alignment & Escalation Support

1. Support the monitoring framework through daily/weekly/monthly alert reviews.
2. Coordinate with the MLRO to evaluate alerts generated from AML scenarios, thresholds, and typologies.
3. Understand typology assessments and apply them when reviewing merchant activity, with special focus on high-risk MCCs (e.g., jewelry, travel, crypto-linked categories, luxury products).
4. Prepare initial findings, risk summaries, and escalation notes for MLRO review.

5. Documentation, Record Keeping & Governance

1. Maintain complete and accurate records for all onboarding, screening, and periodic review files in line with CBUAE record-keeping requirements.
2. Ensure all decisions, escalations, and verifications are documented to maintain a defensible audit trail.
3. Support internal and external audits, regulatory enquiries, and scheme reviews by retrieving or summarizing onboarding and monitoring documentation.

6. Stakeholder Engagement & Cross-Functional Coordination

1. Collaborate closely with Operations, Risk, Fraud, Schemes, and Product teams to ensure seamless onboarding and risk mitigation.
2. Provide subject-matter input on CIP, KYC requirements, and risk classifications for internal stakeholders.
3. Assist in training and awareness programs relating to AML/CFT obligations and onboarding standards.

Qualifications & Experience:

1. Bachelor’s degree in Business, Finance, Law, Compliance, or related field. ACAMS preferred.
2. Minimum 1 years of experience in AML/KYC, merchant onboarding, or financial crime compliance (preferably in payments/acquiring/banking).
3. Strong knowledge of CBUAE AML/CFT Rulebook, onboarding requirements, and risk-based due diligence.
4. Experience using Dow Jones screening tools or similar systems (e.g., WorldCheck, Refinitiv).
5. Familiarity with merchant MCC classifications, high-risk merchant categories, and scheme compliance requirements (Visa/Mastercard).
6. Experience with AML monitoring tools, fraud rules, or transaction monitoring platforms is an advantage.