AML Analyst

Dicetek LLC; Sharjah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial services provider in Sharjah seeks an experienced professional for AML transaction monitoring. Key responsibilities include reviewing alerts, maintaining compliance with regulations, and reporting suspicious transactions. The ideal candidate has at least 3 years of proven transaction monitoring experience in a UAE bank and a strong understanding of the regulatory environment, including relevant certifications. This role demands expertise in risk management and effective communication with various business stakeholders.

Qualifications

• Minimum 3 years of transaction monitoring proven expertise in a UAE bank.
• Good understanding of FCC regulatory environment and relevant certifications.

Responsibilities

• Perform independent review of AML alerts & cases as per the bank Policy and procedures.
• Assist in the implementation and monitoring of AML framework.
• Report Internal Suspicious Transactions Reports (STRs) to MLRO team.

Skills

Transaction monitoring

AML knowledge

Risk analysis

Job description

Responsibilities

• Perform independent review of AML alerts & cases as per the bank Policy and procedures.
• Knowledge of AML transaction Monitoring procedures and TAT.
• 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.
• Perform EDD and report Internal Suspicious Transactions Reports (STRs) to MLRO team.
• Assist other business stakeholders to identify and analyse business risks.
• Maintain and build effective relationships with the related divisions so that effective escalation of issues is achieved and risk managed.
• Assist the AVP – AML Transaction Monitoring in providing timely and accurate Compliance advice on any AML monitoring matters raised by the business functions on day-to-day operations or on any critical regulatory obligations to ensure continued expertise is provided to the business functions.
• Maintain adequate record-keeping /MI and evidences pertaining to AML, etc.

Qualifications

• Minimum 3 years of transaction monitoring proven expertise in a UAE bank
• Good understanding of FCC regulatory environment (specific certifications like ACAMS, ICA