H Analyst, Anti-Money Laundering (AML) – Compliance Department
Al Masraf is seeking a highly skilled and detail-oriented Analyst-AML to join its Compliance Department. This role is crucial in ensuring that the bank’s operations and business transactions fully comply with AML regulations, KYC standards, and internal policies. The selected candidate will play a key role in monitoring financial activities, conducting risk assessments, and advising on compliance best practices.
Responsibilities:
AML & KYC Compliance Monitoring:
- Ensure adherence to local and international AML laws and regulations, including UAE Central Bank guidelines.
- Monitor customer transactions, financial activities, and high-risk accounts to identify suspicious activities.
- Review and assess KYC documentation to ensure compliance with regulatory requirements.
Risk Assessment & Investigations:
- Conduct Enhanced Due Diligence (EDD) on high-risk customers and entities.
- Investigate potential money laundering and financial crime risks, escalating cases as needed.
- Assist in the preparation and submission of Suspicious Transaction Reports (STRs) to the regulatory authorities.
Regulatory Reporting & Advisory:
- Provide AML and compliance-related guidance to business units.
- Support the development and implementation of internal AML policies, procedures, and risk control measures.
- Assist in preparing compliance reports for internal stakeholders and regulators.
Required Skills & Qualifications:
- Bachelor’s degree in Finance, Business, Law, or a related field.
- Prior experience in AML, KYC, or compliance roles in the banking or financial sector.
- Strong knowledge of UAE AML regulations, FATF recommendations, and financial crime compliance frameworks.
- Familiarity with risk assessment models and transaction monitoring systems.
- Excellent analytical skills, attention to detail, and ability to handle confidential information.
Why Join Al Masraf?
- Work with a leading financial institution in the UAE.
- Gain valuable experience in AML investigations, compliance monitoring, and regulatory reporting.
- Opportunity to contribute to a highly regulated and dynamic financial environment.
How to Apply:
📧 Interested candidates can email their CVs with the subject line:
“Analyst-AML Applicant”.
This is a great opportunity for AML professionals looking to expand their expertise in a fast-paced, compliance-driven environment. Apply now!
