Specialist- AML Transaction Monitoring

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.

JOB CONTEXT/DIMENSIONS

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.

JOB CONTEXT/DIMENSIONS

The Specialist AML Transaction Monitoring must be able to build and maintain productive business relationships with business stakeholders across the different lines of business and the ability to work cross-functionally across the different lines of business to effectively deliver the role purpose.

TASKS :

• Support the VP AML Transaction Monitoring as follows:
• Assist in the implementation and monitoring of the framework and plan for AML to properly address the Compliance needs and requirements in line with laws rules and regulations that best meets the needs of Group FAB TM Policy and Procedures.
• Monitor the 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 customer that are placed under restrictions due to non response to banking queries.
• Assist the VP AML Transaction Monitoring in maintain timely and accurate Compliance data on wrt to iSTR filed transactions under process and review at different levels in the unit.
• Keep abreast of related rules regulations and best practices pertaining to AML assess its impact on FAB and update the AVP AML Transaction Monitoring accordingly.
• 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

• The Banks Group AML Monitoring Compliance function
• The Banks compliance with standards and regulations 
• Other authorities as directed by the MLRO of Group Compliance and HoFCC

Qualifications :

JOB KNOWLEDGE SKILLS & EXPERIENCE

• Bachelors 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
• Excellent Knowledge of the AML/CTF applied on different business banking functions.
• Strong interpersonal people management and facilitation skills
• Team player able to meet tight deadlines and manage challenging workload
• Preferable bilingual Fluent in English and Arabic with strong written and verbal skills
• Focused on driving tasks to completion with pace whilst retaining a high level of attention to detail and accuracy
• Discrete and has sense for integrity and handles highly sensitive information with absolute confidentiality.

Remote Work :

No

Employment Type :

Full-time