Senior Officer- TBML Transaction Monitoring (Emiratized Role) Part time

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 120,000 - 200,000; Part time

Job summary

A leading banking institution in Abu Dhabi is seeking a part-time Payment Screening Specialist to support the AML Compliance Monitoring Program. Responsibilities include conducting investigations of Trade-Based Money Laundering alerts, gathering supporting information from databases, and ensuring adherence to regulatory guidelines. The ideal candidate should have a bachelor's degree in management, banking, or finance and at least one year of experience in a compliance role.

Qualifications

• Minimum 1 year of experience in a compliance role at a bank.
• Fair knowledge of sanctions and AML regulations.
• Positive and enthusiastic attitude.

Responsibilities

• Perform first level investigations and clearance of TBML screening alerts.
• Gather supportive information from internal and external databases.
• Conduct enhanced due diligence investigations.

Skills

Sanctions and AML knowledge

Excellent communication skills

Interpersonal skills

Education

Bachelor's degree in management, banking or finance

Job description

Responsible for supporting the AML Compliance Monitoring Program for the bank ensuring adherence to the policies and procedures of the bank to confirm compliance with the Regulatory guidelines with regard to screening of Trade transactions against AML Screening and other monitoring requirements.

Responsible for the First Line of Defence Surveillance activities undertaken for:

• Sanctions (Payments) Screening

Ensure the monitoring program covers the complexities of regulations and procedures required to be adhered to by all FAB jurisdictions.

Shift Hours: Monday to Friday 14:00 18:00 hrs GST

Job Specific Accountabilities

Key responsibilities

• Payment Screening Specialist responsibilities-
  • First Level Investigation and clearance of TBML (Trade Based Money Laundering) Screening alerts along with recording the rationale for clearance for array of clients across UAE.
  • Gather supportive information from a list of internal and external databases based on global standard process.
  • Conducting enhanced due diligence investigations in support of policies and procedures.
  • Conducting searches gathering data and recording evidence from internal systems the internet and enquiry with business within the organization.
  • Record and retain the alerts and cases in line with record keeping requirements of the respective jurisdictions.
  • Building and applying knowledge of sanctions and anti-money laundering processes.

Continuous Improvement

• Identify opportunities for continuous improvements to TBML Screening related systems processes and practices based on risks and control deficiencies identified.
• Recommend initiate and implement optimisations to screening methodologies and parameters in order to maximize cost efficiency and effectiveness of FABs regulatory compliance locally as well as for all jurisdictions where FAB operates.

Others

• Support the implementation of Internal Audit Regulatory Compliance and Group Compliance SLOD recommendations for findings pertaining to TBML Screening.
• Responsible for monitoring and supporting timely implementation of Compliance systems projects applicable to domain.

Qualifications

Minimum Qualification

• Bachelors degree or higher in management banking finance preferably with certification in compliance transaction monitoring/sanctions screening KYC/AML/CFT financial crime or risk management

Technical Competencies/ Experience

• Preferably 1 years of experience in a reputed bank preferably in a Compliance role
• Fair knowledge and capabilities to decipher Sanctions and AML/ CTF regulations for Global regimes.
• Excellent communications skills written and spoken.
• Positive and enthusiastic attitude
• Excellent interpersonal skills

Remote Work

No

Employment Type

Part-time