AML Investigations Officer; STR & Transaction Monitoring - CBUAE

Urgent requirement for AML Investigations Officer (STR & Transaction Monitoring) - CBUAE

• Strong experience in AML Transaction Monitoring & Investigations (Banking)---Must
• Strong experience in Suspicious Transaction Reports (preferably on CBUAE goAML system). is Must
• Strong experience in CBUAE AML requirements and regulatory reporting obligations is Must
• Strong Banking Domain Is MUST
• Strong experience in KYC onboarding experience with transaction monitoring is MUST

To conduct AML transaction monitoring and investigations, identify suspicious activities, prepare Suspicious Transaction Reports (STRs), and ensure compliance with UAE Central Bank (CBUAE) regulations and internal AML policies.

As part of the Compliance team, you will be responsible for conducting AML investigations and ensuring adherence to UAE Central Bank regulations and internal policies.

• Transaction Monitoring & Investigations
• Review daily alerts generated by the AML transaction monitoring system.
• Investigate suspicious, unusual, or high-risk transactions.
• Liaise with Relationship Managers and Branches to obtain KYC documents, supporting evidence, and transaction justifications.
• Conduct detailed analysis of customer accounts to identify suspicious patterns or activities.
• Identify emerging trends or typologies and recommend control improvements.
• Suspicious Transaction Reporting (STR)
• Prepare detailed Suspicious Transaction Reports (STRs) where suspicion is identified.
• Submit STRs for internal review and approval (DMLRO/MLRO).
• File approved STRs through the CBUAE reporting system.
• Ensure timely follow-up and closure of regulatory feedback or queries.
• Respond to Central Bank Enhanced Due Diligence (EDD) requests.
• Regulatory Compliance & Controls
• Ensure investigations are conducted in line with UAE AML/CTF regulations and internal policies.
• Escalate regulatory breaches or compliance concerns appropriately.
• Maintain proper documentation and audit trail for all investigations.
• Management Information & Reporting
• Maintain accurate MIS of alerts, investigations, STRs, and pending cases.
• Track and follow up on outstanding items to ensure timely resolution.
• Support reporting to senior management on AML investigation activities.
• Systems & Process Enhancement
• Assist in reviewing AML monitoring systems for gaps or improvements.
• Coordinate with IT and relevant stakeholders on system enhancements.
• Provide input to strengthen AML monitoring controls and processes.
• Collaboration & Support
• Work closely with internal stakeholders including Compliance, Operations, Relationship Teams, and Senior Management.
• Provide guidance to junior officers on AML investigations and case quality.
• Perform additional tasks as assigned by the line manager.

• Minimum 5 years of experience in a banking or financial institution
• At least 3 years of hands–on experience in AML Investigations / Transaction Monitoring
• Direct experience in:
• Reviewing AML alerts generated by monitoring systems
• Investigating suspicious or high-value transactions
• Preparing and filing Suspicious Transaction Reports (STRs)
• Liaising with regulators (preferably CBUAE)
• Responding to Enhanced Due Diligence (EDD) requests

• UAE Central Bank (CBUAE) AML/CTF regulations
• AML transaction monitoring processes
• Suspicious Transaction Reporting (STR) procedures
• Enhanced Due Diligence (EDD) requirements

Experience maintaining AML MIS reporting (alerts, investigations, STR tracking)

Skills:

investigation, transaction, AML