Specialist – AML, Transaction Monitoring

Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.

Location
Abu Dhabi, Abu Dhabi, United Arab Emirates

Job Description
Purpose of Job
Reporting to the VP – AML Transaction Monitoring, the main responsibilities of this role is to support the business areas covering the AML monitoring activities for the Group and ensure that efforts are made to align the related policies and procedures with regulatory requirements and applicable laws and regulations.

Context/Dimensions
The Specialist – AML, Transaction Monitoring must be able to build and maintain productive business relationships with business stakeholders across different lines of business and work cross-functionally across these areas to effectively deliver the role purpose.

Tasks

• Support the VP – AML Transaction Monitoring.
• Assist in the implementation and monitoring of the framework and plan for AML to address the Compliance needs and requirements in line with laws, rules, and regulations that meet the needs of Group FAB TM Policy and Procedures.
• Monitor pending EDD and internal Suspicious Transactions Reports (STRs) with different teams of AML Operations and KYC.
• As a First line of defence, assist other business stakeholders to identify and analyse business risks.
• Manage customers under restrictions due to non-response to banking queries.
• Assist the VP – AML Transaction Monitoring in maintaining timely and accurate Compliance data regarding iSTR filed, transactions under process, and reviews at different levels in the unit.
• Stay updated on related rules, regulations and best practices pertaining to AML, assess its impact on FAB, and communicate updates to the AVP – AML Transaction Monitoring.
• Work with VP to maintain policies and procedures.
• Attend to and action requests from Correspondent Banks, Central Bank, Police, Regulators and Government Departments whenever required.
• Execute other duties as directed by the AVP – AML Transaction Monitoring.

Authorities

• Manage the Bank’s Group AML Monitoring Compliance function.
• Ensure the Bank’s compliance with standards and regulations.
• Other authorities as directed by the MLRO of Group Compliance and HoFCC.

Qualifications
Job Knowledge, Skills & Experience

• Bachelor’s Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, AML, risk management, or internal audit.
• At least 7 years of banking experience, preferably 4-5 years in Compliance and/or Audit in Banks.
• Excellent understanding of regional laws and applicable international regulations.
• Strong knowledge of AML/CTF as applied to different business banking functions.
• Strong interpersonal, people management, and facilitation skills.
• Team player, able to meet tight deadlines and manage a challenging workload.
• Preferably bilingual, fluent in English and Arabic, with strong written and verbal skills.
• Focused on driving tasks to completion quickly, while maintaining a high level of attention to detail and accuracy.
• Discreet with a sense of integrity and able to handle highly sensitive information with complete confidentiality.