Assistant Manager, AML Investigations

Aventus; Sharjah; On-site; AED 60,000 - 120,000; Full time

Job summary

A reputable bank in the UAE is looking for an Assistant Manager, AML Investigations for a 6-month contract. The role involves leading AML investigations of unusual transactions, mentoring team members, ensuring compliance with regulations, and enhancing the Financial Crime Compliance program. The candidate must possess a bachelor's degree and have over 8 years of experience in banking, particularly in AML investigations. Strong analytical and decision-making skills are essential, along with the ability to work independently and lead a team effectively.

Qualifications

• Minimum 8 years of experience in banking or financial services.
• At least 5 years in AML investigations or related roles.
• Deep knowledge of UAE AML/CTF regulations.

Responsibilities

• Lead and manage AML investigations based on transaction monitoring alerts.
• Mentor and support AML team members.
• Act as subject matter expert on financial crime compliance.
• Assist in the enhancement of the Financial Crime Compliance program.
• Review and approve Suspicious Transaction Reports (STRs).

Skills

Analytical skills

Investigation techniques

Decision-making

Communication skills

Organizational skills

Education

Bachelor’s degree in a relevant discipline

AML/Compliance certifications (e.g., ACAMS, CFCS)

Job description

Job Title

Assistant Manager, AML Investigations (6 Month Contract)

About the Role

We are seeking an experienced Assistant Manager, AML Investigations to join a reputable bank in the UAE on a 6 month contract. The successful candidate will lead AML investigations related to unusual transactions and alerts, ensure compliance with regulatory requirements, and provide expert guidance to the AML Investigation team.

Key Responsibilities

• Lead and manage AML investigations based on transaction monitoring alerts, suspicions, and market intelligence
• Mentor and support AML team members, providing guidance on investigative techniques and compliance best practices
• Act as subject matter expert on financial crime compliance matters, supporting senior management as needed
• Assist in the implementation and enhancement of the Financial Crime Compliance program, including AML, CTF, Sanctions, and KYC processes
• Coordinate responses to regulatory queries, inspections, and reporting obligations in line with CBUAE and FATF standards
• Review and approve Suspicious Transaction Reports (STRs), ensuring thorough analysis and timely submission
• Collaborate with other departments, including fraud teams, to investigate and mitigate financial crime risks
• Monitor and analyze trends and typologies to identify and prevent money laundering and related risks
• Develop and deliver AML training programs to enhance team and organizational awareness
• Support testing and improvement of AML systems and processes

Key Requirements

• Bachelor’s degree in a relevant discipline; AML/Compliance certifications (e.g., ACAMS, CFCS) highly desirable
• Minimum 8 years of experience in banking or financial services, with at least 5 years in AML investigations or related roles
• Deep knowledge of UAE AML/CTF regulations and regulatory expectations
• Strong analytical, investigative, and decision-making skills
• Excellent communication and organizational skills
• Ability to work independently and lead a team effectively
• Detail oriented with strong time management and ability to meet deadlines