Senior AML Analyst

ADIB Group; Abu Dhabi; On-site; AED 180,000 - 250,000; Full time

Job summary

A leading company in the banking sector is seeking a Senior AML Investigator in Abu Dhabi to oversee compliance and monitor transaction activities. The role involves conducting investigations, reporting suspicious transactions, and advising on AML regulations. Ideal candidates will have significant experience in AML/CFT and possess recognized qualifications. This position presents a valuable opportunity for a skilled professional to advance their career while ensuring adherence to the highest compliance standards.

Qualifications

• Professional qualifications such as ACAMS, ICA, ACFCS, FIBA.
• Experience in senior roles in AML compliance.
• Proven ability to handle complex financial crime investigations.

Responsibilities

• Conduct Level 3 AML investigations and prepare reports.
• Advise the Head of Financial Crime on compliance activities.
• Engage in continuous professional development through training.

Skills

Excellent communication skills

Good knowledge of UAE and international regulations

Strong analytical skills

Detail-oriented

Self-motivated

Ability to multi-task

Education

Professional qualification or industry-recognized certifications/diplomas in AML/Compliance

Tools

Microsoft Office applications

Job description

Description
Role: Senior AML Investigator
Location: Abu Dhabi
Role Purpose:

• To ensure compliance and enhance efficiency through executing and monitoring transaction activity performed in branches and business departments.
• To advise and report compliance activities to the Head of Financial Crime and Head of AML & CFT monitoring transactions.

Key Accountabilities of the role

• Conduct Level 3 AML investigations on cases identified through various channels, including fraud business and external alerts (UAE Central Bank, other banks, etc.).
• Prepare AML reports such as EDD, ISTR, STR.
• Report AML and fraud STRs to the UAE Central Bank.
• Respond to inquiries from the Central Bank.
• Liaise with business units for inquiries.
• Provide subject matter expertise within the AML unit and to other business units, handling queries and providing opinions on AML/CTF questions internally.
• Make recommendations regarding the reporting of suspicious activity through ISTR & STR to the Central Bank.
• Provide constructive feedback to COC team members based on analysis of escalated cases to improve the quality of level one reviews and STR escalations.
• Promote teamwork and peer reviews, sharing workload and assisting team members.
• Manage escalations to ensure timely and effective resolution of issues.
• Participate in meetings, workshops, and seminars to represent the AML unit.
• Engage in continuous professional development through training and certifications.
• Contribute to team development initiatives by sharing best practices and AML/CTF knowledge.
• Assist the unit head in preparing and finalizing AML SOPs for certification and recertification.
• Participate in ad hoc projects and work, ensuring timely completion.
• Contribute to AML system enhancements (Omni) and participate in UATs.
• Coordinate and monitor AML system projects/enhancements with IT and vendors.
• Manage and investigate complex financial crime cases, utilizing forensic skills to find information and linkages, and provide conclusions and recommendations.
• Improve case investigations and train branches to provide standard replies, reducing compliance risks.

• Identify process control gaps and suggest improvements.
• Prepare suspicious transaction/activity reports (STRs) and other investigative products to support decision-making.
• Provide SME feedback to keep AML/CFT policies and procedures updated and relevant.
• Implement the AML/CFT program across the Group, including branches, subsidiaries, and international locations, to address current and future AML/CFT risks.

Stay updated on laws, regulations, and best practices related to AML/CFT, assessing their impact on ADIB Group. Collaborate with Head of IBG Compliance and local MLROs for international branches to ensure AML/CFT compliance aligns with local laws.
Specialist Skills / Technical Knowledge Required for this role:

• Professional qualification or industry-recognized certifications/diplomas in AML/Compliance such as ACAMS, ICA, ACFCS, FIBA, etc.
• Excellent communication skills.
• Good knowledge of UAE and international regulations and rules.
• Knowledge of banking products, policies, and procedures.
• Proficiency in Microsoft Office applications.
• Strong analytical, written, and oral communication skills.
• Detail-oriented, self-motivated, with the ability to multi-task and think independently.

Required Experience:

Senior IC