Job Description
Hiring for Transaction Monitoring – Abu Dhabi
We are looking for experienced AML professionals to join our team for AML/Transaction Monitoring roles in Abu Dhabi. This is a 10-month contract role, with the possibility of extension based on performance. If you have expertise in anti-money laundering, financial crime compliance, and transaction monitoring within the GCC banking domain, we encourage you to apply.
For AML Transaction Monitoring Manager:
- Lead and oversee transaction monitoring processes, ensuring compliance with AML regulations and financial crime policies.
- Develop, implement, and optimize AML risk management strategies to detect, investigate, and mitigate suspicious activities.
- Supervise and review transaction alerts, ensuring timely escalation of high-risk activities to senior compliance teams.
- Ensure adherence to local and international AML regulations, including FATF, UAE Central Bank guidelines, and GCC financial crime regulations.
- Coordinate with regulatory bodies, law enforcement agencies, and internal stakeholders on AML-related matters.
- Conduct team training and mentorship, enhancing AML investigation capabilities within the compliance unit.
- Prepare detailed reports and assist in regulatory filings, suspicious activity reports (SARs), and enhanced due diligence (EDD) investigations.
For AML Transaction Monitoring Analyst:
- Perform daily transaction monitoring, reviewing alerts to identify potential suspicious activities.
- Investigate high-risk transactions and customers, ensuring compliance with AML/CFT policies.
- Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on flagged accounts.
- Collaborate with internal teams to resolve compliance queries and escalate suspicious activities.
- Utilize AML screening and transaction monitoring tools such as Actimize, SAS, World-Check, and LexisNexis to analyze financial activities.
- Assist in the preparation of regulatory compliance reports and support audits related to AML functions.
Key Requirements:
- Relevant experience in AML, transaction monitoring, and financial crime compliance.
- GCC banking domain experience is mandatory.
- Strong understanding of UAE Central Bank AML guidelines, FATF regulations, and global AML/CFT frameworks.
- Experience with AML transaction monitoring systems, including Actimize, Mantas, SAS, or similar platforms.
- Strong analytical skills and attention to detail in identifying suspicious activities.
- Excellent communication and report-writing skills to document findings and interact with regulatory authorities.
- Ability to work in a fast-paced compliance environment, managing multiple cases effectively.
Why Join Us?
- Work on high-impact financial crime investigations in the GCC banking sector.
- Gain experience in a leading financial compliance role with potential for contract extension.
- Be part of a dynamic AML compliance team, working closely with regulatory and financial authorities.
- Competitive compensation based on experience and expertise.
