AML Compliance Analyst

BELHASA GLOBAL EXCHANGE; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

BELHASA GLOBAL EXCHANGE is seeking an AML CFT Monitoring Investigations professional to monitor customer transactions across exchange remittance and digital services and investigate suspicious activities in line with AML/CFT requirements.

Responsibilities include CDD/EDD, transaction monitoring, sanctions screening, and preparing regulatory reports. The role requires collaboration with Compliance and regulatory teams and the ability to work in a 24/7 environment.

Qualifications

• Bachelor's degree or equivalent in a related field.
• Knowledge of AML/CFT controls and sanctions compliance.
• Experience with CDD/EDD, transaction monitoring, and SARs is preferred.
• Familiarity with UAE AML/CFT regulations and guidance.

Responsibilities

• Monitor customer transactions and investigate unusual or suspicious activities.
• Perform CDD/EDD and ongoing monitoring of high-risk customers.
• Conduct transaction monitoring and behavioral analysis across channels.
• Prepare and follow up on STRs and regulatory reports.
• Escalate AML concerns to Compliance leadership.
• Review sanctions screening alerts and maintain evidence of updates.
• Support regulatory inquiries and internal audits.

Skills

Analytical skills

Attention to detail

Time management

Communication skills

Independent and team work

Problem solving

Education

Bachelor's degree in Finance, Accounting, Business Administration, Law, Economics, or related field

Tools

Excel

Word

PowerPoint

AML monitoring systems

Job description

AML CFT Monitoring Investigations

• Monitor customer transactions across exchange remittance and other digital services and investigate unusual or suspicious activities in accordance with AML CFT requirements
• Perform customer due diligence CDD enhanced due diligence EDD and ongoing monitoring of high-risk customers and transactions
• Conduct transaction monitoring and behavioral analysis across exchange remittance and digital channels to identify unusual patterns account misuse and emerging financial crime typologies
• Prepare submit and follow up on Suspicious Transaction Reports STRs and other AML-related regulatory reports with the relevant authorities
• Escalate significant AML concerns breaches or suspicious activities to the Compliance Officer or Alternate Compliance Officer

Sanctions Screening

• Review and resolve sanctions screening alerts verify potential matches and escalated matches as required
• Perform periodic testing and validation of sanctions screening effectiveness maintain evidence of list updates and ensure alignment with internal policies and applicable requirements

AML Policies Procedures Controls

• Support the development maintenance and periodic update of AML CFT CPF and sanctions policies procedures and controls
• Assist in embedding AML CFT CPF controls into business processes and customer journeys

AML Reviews Testing Risk Assessment

• Conduct AML compliance reviews and risk assessments to identify potential gaps vulnerabilities and areas requiring corrective action
• Conduct periodic testing of AML systems transaction monitoring scenarios sanctions screening controls and customer due diligence processes
• Track AML-related remediation actions and ensure timely closure of findings

Reporting Analytics

• Generate AML and sanctions monitoring reports and provide analysis and recommendations to management
• Analyze transaction trends customer risk ratings and alert volumes across exchange remittance and digital channels to identify emerging financial crime risks and recommend enhancements

Regulatory Engagement Audit Support AML Scope

• Respond to AML-related regulatory inquiries Internal Enquiry Management System IEMS requests and other financial crime communications
• Support regulatory examinations internal audits and independent reviews on AML CFT CPF and sanctions matters by providing required information and documentation

Stakeholder Support Training

• Provide AML CFT CPF and sanctions guidance to business units and employees
• Assist in developing and delivering AML training and awareness programs to promote a strong financial crime compliance culture
• Work closely with Fraud Operations Product Risk and Regulatory Compliance teams to ensure appropriate escalation and reporting on activities involving financial crime risk

Records Management Other Duties

• Maintain accurate AML records and documentation in accordance with legal regulatory and company requirements
• Stay informed of changes in AML CFT CPF laws sanctions regimes and financial crime typologies relevant to exchange remittance and digital business
• Perform any other AML CFT CPF sanctions or financial crime duties assigned by the Compliance Officer or Alternate Compliance Officer

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Law, Economics, or a related field.
• 1–3 years of experience in AML/CFT compliance, risk, audit, banking, exchange, remittance, fintech, or a related function.
• Basic understanding of AML/CFT/CPF principles, sanctions compliance, customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, and suspicious transaction reporting.
• Knowledge of UAE AML/CFT regulations and relevant guidance issued by the Central Bank of the UAE (CBUAE), Ministry of Economy, and UAE Financial Intelligence Unit.
• Strong analytical and problem-solving skills with the ability to review and interpret transactional and customer information.
• Strong attention to detail and data accuracy.
• Good organisational and time-management skills.
• Ability to manage multiple tasks and priorities.
• Effective written and verbal communication skills.
• Proficiency in Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Ability to prepare clear and concise reports and maintain accurate records.
• Ability to maintain confidentiality and handle sensitive information appropriately.
• Ability to work independently as well as collaboratively within a team environment.
• The candidate must be available and able to work in rotating 8-hour shifts in a 24/7 operational environment based on requirements.
• Experience within financial services, banking, exchange houses, remittance businesses, fintechs, or other regulated environments.
• Understanding of UAE financial services operations and customer onboarding processes.
• Exposure to AML transaction monitoring systems, sanctions screening tools, or case management platforms.
• Professional certification or progress toward certification such as CAMS, ICA, ACAMS Cryptocurrency Certification, or other relevant financial crime qualifications.
• Familiarity with digital payments, stored value facilities (SVF), digital wallets, card issuing, or remittance products.
• Experience supporting regulatory audits, examinations, or compliance reviews.