Specialist - Name Screening; AML​/FLOD

The Specialist – Name Screening is critical to supporting the bank's robust
Sanctions Compliance Monitoring Program
and
AML Transaction Monitoring Program
.This role ensures adherence to bank policies and procedures to maintain compliance with regulatory guidelines regarding
Name/Batch Screening/Sanctions Screening
and other monitoring requirements.

The job holder handles the
First Line of Defence (FLOD) Surveillance activities
for Name (Batch) Screening, covering the complexities of regulations and procedures across all jurisdictions.

• Perform
  First and Second Level Investigation and clearance
  of Name/Batch Screening/FSK (Onboarding screening) alerts.
• Record the rationale for clearance for an array of clients across UAE and International geographies.
• Escalate cases not cleared by investigation to the respective CIB/PB Risk & Control Alert Management support unit or related unit within the Group Compliance SLOD.
• Gather supportive information from a list of
  internal and external databases
  based on global standard processes.
• Conduct searches, gather data, and record evidence from internal systems, the internet, and through enquiry with the business.
• Conduct
  enhanced due diligence investigations
  in support of policies and procedures.
• Request RFI (Request for Information) for potential matches.
• Investigate documents in line with Group Sanctions Policy or department procedures.
• Record and retain alerts and cases in line with
  record keeping requirements
  of the respective jurisdictions.
• Build and apply knowledge of sanctions and anti-money laundering processes.

• Support the implementation of the Bank’s Group-wide Compliance strategy within the First Line of Defence.
• Stay abreast with the control environment, control appropriateness, effectiveness, and control testing tools and techniques available within the Bank.
• Support the business lines in extending their products by way of
  reviewing and screening their clients’ transactions
  with regard to the Sanctions and overall AML/CTF risks associated.
• Measure the appropriateness and screening capabilities of the product platforms with the Surveillance systems of the Bank.
• Maintain complete knowledge of all Regulatory compliance, Sanctions and AML policies & guidelines relevant to bank international network.
• Understand industry-specific screening methodologies and available technological and infrastructural arrangements to drive the Surveillance program.
• Possess knowledge of changing and evolving regulations laid down by the bank, Executive Office, and International governing bodies.
• Effectively contribute from a FLOD perspective for future revisions to bank Compliance policy & guidelines.

• Identify opportunities for
  continuous improvements
  to Name/Batch Screening related systems, processes and practices based on risks and control deficiencies identified.
• Recommend, initiate, and implement
  optimisations to screening methodologies and parameters
  to maximize cost efficiency and effectiveness of regulatory compliance.
• Work closely with the Technology, Data & Reporting Team on
  KPI’s and KRI’sfor reporting to senior stakeholders.
• Ensure information for MI (Management Information) related to Customer Name Screening is delivered to the Technology, Data and Reporting team in a timely manner.
• Manage similar reporting for International Branches and match their reporting requirement and standards.
• Support the implementation of Internal Audit, Regulatory Compliance, and Group Compliance SLOD recommendations for findings pertaining to Sanctions Name Screening.
• Responsible for monitoring and supporting timely implementation of Compliance systems projects applicable to domain.

• Bachelor’s degree or higher
  in management, banking, finance, or a related field.
• Preferably with certification in compliance, transaction monitoring/sanctions screening, KYC/AML/CFT, financial crime, or risk management.

• Minimum of 2 years of experience
  in a reputed bank.
• Preferably1 year in a Compliance role
  .
• Fair knowledge and capabilities to decipher
  Sanctions and AML/CTF regulations for Global regimes
  .

• Excellent communication skills
  , both written and spoken.
• Positive and enthusiastic attitude
  .
• Excellent interpersonal skills
  .