Senior Analyst - Transaction Monitoring

Abu Dhabi Commercial Bank; United Arab Emirates; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial institution in the UAE seeks a Compliance Officer to manage AML investigations and ensure compliance with regulations. The ideal candidate should possess over 4 years of experience in AML operations and hold a Bachelor's Degree in a relevant field. This role offers a competitive salary of AED 17,500-22,000 per month along with comprehensive benefits and a respectful work environment.

Benefits

Competitive Salary

Comprehensive Benefits Package

Flexible and Remote Working Options

Learning and Development Opportunities

Qualifications

• At least 4 years of experience in AML operations or financial crime investigation.
• Proficient in Microsoft Office applications.
• Strong understanding of AML regulations and risk assessment.

Responsibilities

• Conduct detailed investigations on alerts and transactions to identify potential money laundering activities.
• Maintain comprehensive case files and ensure accurate tracking and documentation.
• Assess AML risks and recommend improvements to mitigate potential threats.
• Analyze customer behavior and transaction patterns to detect emerging risks.
• Report suspicious activities to authorities in compliance with regulatory standards.

Skills

AML operations

Financial crime investigation

Microsoft Office (Word, Excel, PowerPoint)

Understanding of AML regulations

Knowledge of Risk assessment methodologies

Exposure to transaction monitoring systems

Education

Bachelor’s Degree in Finance, Accounting, Commerce or Business Administration

Job description

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

Only UAE National will be considered

About the business area, Group Compliance & Governance:

Compliance is an independent function at ADCB which takes an active approach to risk management and monitoring, ensuring the Bank complies with applicable laws, regulations, rules and market standards. The Group creates, implements and monitors policies and procedures designed to prevent or detect financial crime and any compliance breaches of the Bank, its employees and clients. It also monitors and measures the impact of conduct risk and compliance on the Bank’s risk appetite and profile.

In this role, your key responsibilities include:

• Conduct detailed investigations on alerts and transactions to identify potential money laundering or terrorist financing activities
• Maintain comprehensive case files and update MIS systems to ensure accurate tracking and documentation
• Assess AML risks and recommend improvements to mitigate potential threats
• Analyse customer behaviour and transaction patterns to detect emerging risks
• Report suspicious activities to authorities in compliance with regulatory standards
• Adhere to all relevant organisational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders
• Manage self in line with the Bank’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance
• Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank’s required levels of service in all internal and external customer interactions

The ideal candidate should have the following experience:

• At least 4 years of experience in AML operations or financial crime investigation
• Bachelor’s Degree in Finance, Accounting, Commerce or Business Administration
• Microsoft Office (Word, Excel and PowerPoint)
• Understanding of AML regulations
• Knowledge of Risk assessment methodologies
• Exposure to transaction monitoring systems

What we offer:

• Competitive Salary: The indicative pay range for this role is AED 17500-22000 per month.
• Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
• Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
• Learning and Development Opportunities: We value and facilitate continuous learning and personal development through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-learning catalog, on-the-job training, and professional development programs.

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.