Fircosoft Tuning Specialist

Param Info Computer Services; Dubai; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading company in the financial sector is seeking a Fircosoft Tuning Specialist to enhance sanctions screening systems. The role involves tuning Fircosoft suites, analyzing outcomes, and ensuring compliance with regulatory requirements. Candidates should have experience in financial crimes compliance and strong analytical skills. This position offers the opportunity to work independently while collaborating with various stakeholders to optimize compliance systems.

Qualifications

• Minimum of 5 years in compliance, with at least 3 years in a sanctions screening tuning role.

Responsibilities

• Conduct daily tuning activities for Fircosoft Suites.
• Ensure compliance systems operate according to approved parameters.
• Document configuration and testing of screening systems.

Skills

Data Mining

Analytical Tools

Communication

Stakeholder Management

Independent Thinking

Education

Professional qualifications in Computer Science or IT

Tools

MS Office

FircoSoft Tuning Suite

Job description

#Hiring ParamInfo is looking for Fircosoft Tuning Specialist for Abu Dhabi Location.

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Job Title: Fircosoft Tuning Specialist

Job Location: Abu Dhabi

Job Description:

To enhance the efficiency of Sanctions screening systems by conducting ongoing tuning on Fircosoft Screening suites. The role involves analyzing screening outcomes, writing tuning rules to minimize false positives while ensuring compliance with regulatory requirements.

Roles and Responsibilities:

• Conduct daily tuning activities for Fircosoft Suites including FSK automated screening system for digital onboarding, Firco Trust, and Firco Continuity.
• Ensure Sanctions compliance systems owned by GCD operate according to approved parameters provided by GCD Sanctions.
• Assess, recommend, and implement architecture, business requirements, testing, and validation of Sanctions Screening systems.
• Analyze and optimize the configuration of Firco systems for effective and efficient screening.
• Automate and improve Firco system processes and controls.
• Perform hit rate analysis and data mining using tools like FircoSoft’s tuning suite, MS Excel, Data Lake, and Business Objects to identify patterns and optimize systems, including recalibration and tuning.
• Document the configuration and testing of screening systems comprehensively.
• Articulate Business Requirements and prepare Business Requirement Documents (BRD); review Functional Specification Documents (FSD) to ensure alignment with BRD.
• Stay updated on Regtech/Fintech regulatory initiatives and ensure digital solutions are compliant; provide expert advice on regulatory compliance.
• Advise on compliance and systems for digital transformation initiatives, collating feedback from compliance workstreams and providing specialist input on Regtech and Fintech compliance.

Required skills:

• Experience with compliance systems related to Financial Crimes Compliance, including name screening, sanctions filtering, and customer onboarding.
• Experience with data feeds, flows, mapping, quality control, and connectivity between static data, transaction, reporting, and core banking systems.

Role profile:

• Strong knowledge in data mining and analytical tools.
• Experience with vendor management, stakeholder management, and business requirements documentation for financial crimes compliance systems.
• Professional qualifications or recognized certifications in computer science or IT.
• Hands-on experience with tuning, QA, and/or product management of Firco Continuity/Trust.
• In-depth knowledge of FircoSoft screening systems, including Firco Continuity, Firco Trust, FSK, FMM, FML, FLV.
• Understanding of screening technologies, algorithms, business rules, exceptions, and tuning capabilities.
• Good analytical, review, and assessment skills related to sanctions compliance procedures.
• Ability to build effective relationships with peers and seniors.
• Proficiency in MS Office, including presentation skills for senior management.
• Strong communication skills, both written and oral.
• Independent thinking and initiative.
• Ability to work independently and as part of a team.
• Ability to interact with all levels of the organization, including senior management.
• Ability to prioritize and meet deadlines.

Previous experience:

Minimum of 5 years in compliance, with at least 3 years in a sanctions screening tuning role within a financial institution.