Senior Officer FCC; AML Investigations

Overview

We are currently looking for Senior Officer FCC (AML Investigations) for our UAE operations with the following Skill set and terms & conditions.

• Tertiary education with a Bachelor’s degree as a minimum
• Mandatory Compliance qualification or certification mainly CAMS, CFCS certification or any other relevant AML/ Compliance qualifications from an internationally recognized body is a plus

• Minimum 5 years' experience in a banking / financial institution environment of which 3 years’ experience should have been in AML Investigations or similar department

• In depth knowledge of CB UAE and other related AML / CTF regulations
• Analytical, investigative, problem solving and decision-making skills
• Attention to details
• Independent and self-starter
• Organizing skills
• Strong team player
• Good written and oral communication skills
• Good time management skills and adherence to deadlines

• Monitoring and Reviews
• Daily reviewing of all transactions generated by the AML monitoring system.
• Investigating the alerts pertaining to transactions which are suspicious/unclear/doubtful.
• Generating queries to the RM/Branches to provide the full KYC information and details/justifications/supporting documents of suspicious high value transactions.
  
  - Undertaking regular reviews and analysis of alerts, STRs and MIs to identify any trends / typologies requiring actions to be taken to strengthen the AML monitoring controls and suggesting possible mitigation controls
• Performing periodic analysis of the customers’ accounts to identify any suspicions and investigate whether there are any suspicions to report
• Where suspicions are identified and investigated and where reporting is required, preparing a Suspicious Transaction Report, submitting it to unit manager / DMLRO for review before escalating to the MLRO for approval
• When the STR is revised and final approval is obtained, reporting the same on the CBUAE STR system.
• Ensuring appropriate action and follow up until satisfactory closure to address CBUAE comments/requirements.
• Undertake the required investigations to respond to the Central Bank Enhanced Due Diligence Requests.
• Assisting and guiding any Officers in the department with AML investigations and customer/transactions reviews
• Providing feedback to any Officers in the department regarding the quality of case work performed while ensuring adherence to internal procedures
• Undertaking tasks as may be required by the line manager or his/her Seniors.

2 weeks (maximum 1 month)

Joining time frame: maximum 4 weeks