Senior Officer FCC- AML Investigation- Emirati Talent

Assistant Manager
- Core Banking Finance & IT Expertise

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Conduct post-facto AML transaction monitoring in accordance with CBI compliance requirements, UAE regulations, and international best practices to identify suspicious activities. Investigate and report any suspicious transactions as required.

Main Responsibilities and Accountabilities:

• Daily reviewing of all transactions generated by the AML monitoring system.
• Investigating the alerts pertaining to transactions which are suspicious/unclear/doubtful. Generating queries to the RM/Branches to provide the full KYC information and details/justifications/supporting documents of suspicious high value transactions.
• Undertaking regular reviews and analysis of alerts, STRs and MIs to identify any trends / typologies requiring actions to be taken to strengthen the AML monitoring controls and suggesting possible mitigation controls.
• Performing periodic analysis of the customers’ accounts to identify any suspicions and investigate whether there are any suspicions to report.
• Where suspicions are identified and investigated and where reporting is required, preparing a Suspicious Transaction Report, submitting it to unit manager / DMLRO for review before escalating to the MLRO for approval.
• When the STR is revised and final approval is obtained, reporting the same on the CBUAE STR system.
• Ensuring appropriate action and follow up until satisfactory closure to address CBUAE comments/requirements.
• Undertake the required investigations to respond to the Central Bank Enhanced Due Diligence Requests.
• Assisting and guiding any Officers in the department with AML investigations and customer/transactions reviews.
• Providing feedback to any Officers in the department regarding the quality of case work performed while ensuring adherence to internal procedures.
• Undertaking tasks as may be required by the line manager or his/her Seniors.

• Maintaining appropriate MIS (daily, monthly, quarterly, annually) of alerts, investigations and STR. Ensuring proper update of relevant MIS and frequent reconciliation as well as necessary followups on pending items.
• Ensuring proper reporting of violations of the relevant AML regulations of the Central Bank.

• Assisting in reviewing of the available AML / CTF systems and ensuring proper follow up with IT for any identified gaps or on any ongoing projects.
• Advising on enhancements of the existing systems or on introducing new technologies.

• Bachelor’s degree in Business Administration or any related field.

• CAMS, CFCS, or any other relevant AML/Compliance certification from an internationally recognized body is an added advantage.

• Minimum 2 years of experience in a banking or financial institution, including experience in AML investigations or a similar department.

• In-depth knowledge of CB UAE and related AML/CTF regulations.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Independent, proactive, and a strong team player.
• Effective written and verbal communication skills.
• Good time management and adherence to deadlines.

• Entry level

• Full-time

• Accounting/Auditing and Business Development
• Industries:
  Banking

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