Manager,AML TM Quality Checks; Emiratised Job Abu Dhabi area,UAE/Dubai,Finance & Banking

Position: Manager, AML TM Quality Checks (Emiratised Role)

Build and maintain a robust quality framework that reviews the quality of investigation undertaken by AML TM team.
Undertaken thematic review in the unit as per various money laundering detection scenarios. Identify risk and build a remediation plan.
Undertaken review on work undertaken by AML Monitoring team of Group Operations.
Assist business stakeholders to identify and analyse business risks.
Maintain and build effective relationships with the related divisions so that effective escalation of issues is achieved and risk managed.
Review of CB UAE circulars to understand the requirement of amending procedure of investigation approach to ML /terror financing risks.
Gathering of market intelligence to understand emerging typologies and undertake the risk review and remediation plan.
Maintain adequate record-keeping /MI and evidences pertaining to AML QC, etc.
Keep abreast of related rules, regulations and best practices pertaining to AML, assess its impact on FAB.
Develop methods for team effectiveness; question and investigate the reliability and integrity of data, the validity of conclusions, and the appropriateness of assumptions made.
Provide operational expertise to internal working groups, teams and committees focused on enhancing current procedures and creating efficiencies.
The Bank’s Group AML Monitoring Compliance function.
The Bank’s compliance with standards and regulations.
Other authorities as directed by the MLRO of Group Compliance or obligations mentioned in CB circulars.
Manager, AML TM Quality Checks/ AML - AVP and AML - VP:
Daily;
Meetings, phone calls, e-mails;
To report progress updates and to raise new risks/issues or challenges as appropriate.
Head of FLOD Compliance Operations:
As required;
Meetings, phone calls, e-mails;
To report progress updates and to raise new risks/issues or challenges as appropriate.
MLRO Team:
As required;
Meetings, phone calls, e-mails;
To report suspicious activity and to raise new risks/issues or challenges as appropriate.

Key Responsibilities

Build and maintain a robust quality framework that reviews the quality of investigation undertaken by AML TM team.
Undertaken thematic review in the unit as per various money laundering detection scenarios. Identify risk and build a remediation plan.
Undertaken review on work undertaken by AML Monitoring team of Group Operations.
Assist business stakeholders to identify and analyse business risks.
Maintain and build effective relationships with the related divisions so that effective escalation of issues is achieved and risk managed.
Review of CB UAE circulars to understand the requirement of amending procedure of investigation approach to ML /terror financing risks.
Gathering of market intelligence to understand emerging typologies and undertake the risk review and remediation plan.
Maintain adequate record-keeping /MI and evidences pertaining to AML QC, etc.
Keep abreast of related rules, regulations and best practices pertaining to AML, assess its impact on FAB.
Develop methods for team effectiveness; question and investigate the reliability and integrity of data, the validity of conclusions, and the appropriateness of assumptions made.
Provide operational expertise to internal working groups, teams and committees focused on enhancing current procedures and creating efficiencies.
The Bank’s Group AML Monitoring Compliance function.
The Bank’s compliance with standards and regulations.
Other authorities as directed by the MLRO of Group Compliance or obligations mentioned in CB circulars.
Manager, AML TM Quality Checks/ AML - AVP and AML - VP:
Daily;
Meetings, phone calls, e-mails;
To report progress updates and to raise new risks/issues or challenges as appropriate.
Head of FLOD Compliance Operations:
As required;
Meetings, phone calls, e-mails;
To report progress updates and to raise new risks/issues or challenges as appropriate.
MLRO Team:
As required;
Meetings, phone calls, e-mails;
To report suspicious activity and to raise new risks/issues or challenges as appropriate.

Requirements / Qualifications

Bachelor's Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, AML, risk management or internal audit.
At least 8 years of banking experience preferably 5 years in Compliance and/or Audit in Banks.
Excellent understanding of regional laws and applicable international regulations.
Excellent Knowledge of the AML/CTF applied on different business banking functions.
Strong interpersonal, people management and…

Manager, AML TM Quality Checks; Emiratised