Compliance Officer Transaction Monitoring

Capitex; United Arab Emirates; On-site; AED 100,000 - 140,000; Full time

Job summary

A financial institution in the United Arab Emirates is seeking a Compliance Officer for Transaction Monitoring. The role involves reviewing alerts, conducting transaction analysis, and ensuring adherence to AML regulations. Candidates should have a minimum of 3 years of experience in transaction monitoring within UAE banks and familiarity with TM systems like Actimize and Fircosoft. Strong analytical skills and attention to detail are essential. This position offers the opportunity to contribute to regulatory compliance and enhance organizational standards.

Qualifications

• Minimum 3 years’ proven Transaction Monitoring experience within UAE banks.
• Strong understanding of AML/CTF regulations and red flags.
• Experience working with monitoring systems.

Responsibilities

• Review transaction monitoring alerts generated by monitoring systems.
• Conduct customer transaction analysis and investigations.
• Document findings clearly and accurately.
• Escalate suspicious activity in line with internal procedures.
• Maintain high productivity and quality standards.

Skills

Transaction Monitoring experience

Attention to detail

Analytical skills

Tools

Actimize

Fircosoft

Job description

The Compliance Officer – Transaction Monitoring will support day-to-day monitoring activities, investigating alerts and identifying potentially suspicious transactions in line with regulatory requirements.

Key Responsibilities

• Review transaction monitoring alerts generated by monitoring systems
• Conduct customer transaction analysis and investigations
• Document findings clearly and accurately
• Escalate suspicious activity in line with internal procedures
• Maintain high productivity and quality standards
• Adhere to regulatory and internal AML policies

Mandatory Eligibility Criteria

• Minimum 3 years’ proven Transaction Monitoring experience within UAE banks
• Strong understanding of AML/CTF regulations and red flags
• Experience working with TM systems (e.g. Actimize, Fircosoft, etc.)
• Strong attention to detail and analytical skills