Correspondent Banking Specialist

Wio Bank; Abu Dhabi; Hybrid; AED 120,000 - 200,000; Full time

Job summary

Wio Bank is seeking a Correspondent Banking Specialist to enhance compliance and financial crime prevention efforts. The role covers transaction analysis, documentation for investigations, and meticulous record-keeping while offering a compelling opportunity to work within a dynamic fintech environment. With a focus on detail and regulatory compliance, candidates with a background in finance and relevant certifications are ideal.

Benefits

Competitive compensation

Hybrid working

28 holidays + up to 14 national holidays

Qualifications

• At least 5 years of experience in compliance or financial crime roles within a financial institution.
• Sanction/AML-related certifications (e.g., CAMS, CGSS) are highly desirable.
• Experience using screening tools and familiarity with sanctions is required.

Responsibilities

• Manage and coordinate handling of correspondent RFIs.
• Perform in-depth analysis of transactional data.
• Prepare documentation for suspicious activity investigations.

Skills

Attention to Detail

Regulatory Knowledge

Transaction Analysis

Education

Bachelor’s degree in Finance, Business, Law, or a related field

Tools

World-Check

Dow Jones

Actimize

Job description

About The Job

Are you ready to take on a crucial role in compliance and financial crime prevention? At Wio Bank, we're looking for a detail-oriented Correspondent Banking Specialist to help ensure our operations run smoothly and in full compliance with regulatory standards.

This is an exciting opportunity to join a leading digital bank in the UAE and play an integral role in safeguarding the integrity of our financial transactions. If you're passionate about compliance, analysis, and protecting against financial crime, this role is for you!

Job Responsibilities:

Correspondent RFI Management:

Manage and coordinate the entire process of handling correspondent RFIs, ensuring all inquiries are reviewed and responded to promptly and accurately.

Transaction Analysis:

Perform in-depth analysis of transactional data, including large, unusual, or complex transactions, to assess risks and determine if they require further investigation or reporting.

Documentation for Investigations:

Prepare and maintain comprehensive documentation for suspicious activity investigations, ensuring that all relevant information is recorded accurately and easily accessible for audits or regulatory reviews.

Intelligence Gathering:

Gather additional intelligence from internal sources, databases, and external resources like publicly available information or adverse media to support investigations.

Thorough Record Keeping:

Ensure thorough documentation of all reviews and actions taken for audit and regulatory review purposes.

Suspicious Transaction Judgment:

Analyze transactions and customer behavior to determine whether they are considered regular or suspicious. Escalate red flags for further investigation as necessary.

What We’re Looking For:

Qualifications:

A Bachelor’s degree in Finance, Business, Law, or a related field is preferred.

Certifications:

Sanction/AML-related certifications (e.g., CAMS, CGSS) are highly desirable.

Experience:

At least 5 years of experience in name screening, compliance, or financial crime roles within a financial institution.

Technical Skills:

Experience using screening tools (e.g., World-Check, Dow Jones, Actimize) and familiarity with sanctions, adverse media, and PEP lists.

Regulatory Knowledge:

Strong understanding of Sanctions/AML regulations (e.g., CBUAE, OFAC, EU, UN sanctions).

Attention to Detail:

Exceptional attention to detail and the ability to work with large datasets and screening systems.

What’s in it for You?

Join a dynamic, fast-growing fintech in the heart of the MENA region.

Thrive in a diverse, high-performance environment with a team of professionals from all over the world.

Benefit from competitive compensation, hybrid working, 28 holidays + up to 14 national holidays, and more!

Ready to Take the Leap?

If you're ready to make an impact in the fight against financial crime and want to be part of an innovative team, apply now and join Wio Bank!