Specialist- AML Monitoring QC (Emiratised Role)

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 100,000 - 120,000; Full time

Job summary

A leading financial institution in Abu Dhabi seeks a Compliance Officer to support AML monitoring activities. The role involves performing quality checks, ensuring compliance with regulations, and providing training to staff. Candidates should have a Bachelor's degree and at least 5 years of banking compliance experience. Fluency in English and Arabic is preferred.

Qualifications

• 5 years of compliance and audit experience in banking required.
• Strong knowledge of AML/CTF regulations.
• Ability to handle sensitive information with integrity.

Responsibilities

• Support AML monitoring activities and compliance advice.
• Perform quality checks on alerts in AML monitoring.
• Provide training and maintain relationships with divisions.

Skills

Compliance understanding

Interpersonal skills

Attention to detail

Bilingual English and Arabic

Education

Bachelor's Degree in Management, Banking, or Finance

Certification in compliance, AML risk management, or internal audit

Job description

PURPOSE OF JOB

Reporting to the AVP AML Quality Check & Training the main responsibility of this role is to support the business areas covering the AML monitoring activities for the Group and ensure that efforts are made to align the related policies and procedures with regulatory requirements and applicable laws and regulations.

TASKS

• Support the AVP AML Quality Check & Training as follows:
• Assist in the implementation and monitoring of the framework and plan for AML to properly address the Compliance needs and requirements in line rules and regulations that best meets the needs of Group FAB TM Policy and Procedures.
• Perform quality checks on alerts actioned in AML monitoring system and identify the need to file internal Suspicious Transactions Reports (STRs)
• Assessing conformance with relevant Group Compliance Policies and Procedures i.e. Transaction Monitoring Procedures
• Efficiency and effectiveness of controls used to mitigate the risks
• Identify deficiencies and inaccuracies in the assessed activities
• Provide training to staff compliance awareness to applicable TM and FCC related procedure.
• Maintain and build effective relationships with the related divisions so that effective escalation of issues is achieved and risk managed.
• Assist the AVP AML Quality Check & Training in providing timely and accurate Compliance advice on any AML monitoring matters raised by the business functions on day-to-day operations.
• Keep abreast of related rules regulations and best practices pertaining to AML assess its impact on FAB and update the AVP AML Quality Check & Training accordingly.
• Provide Timely response for Compliance clearance requests.
• Execute other duties as directed by the AVP AML Quality Check & Training

AUTHORITIES

• The Banks Group AML Monitoring Compliance function
• The Banks compliance with standards and regulations
• Other authorities as directed by the MLRO of Group Compliance and HoFCC

Qualifications

• Bachelors Degree or Higher in Management Banking or Finance preferably with certification in compliance AML risk management or internal audit.
• At least 5 years of business experience preferably in Compliance and/or Audit in Banks
• Excellent understanding of regional laws and applicable international regulations
• Excellent Knowledge of the AML/CTF applied on different business banking functions.
• Strong interpersonal people management and facilitation skills
• Team player able to meet tight deadlines and manage challenging workload
• Preferable bilingual Fluent in English and Arabic with strong written and verbal skills
• Focused on driving tasks to completion with pace whilst retaining a high level of attention to detail and accuracy
• Discrete and has sense for integrity and handles highly sensitive information with absolute confidentiality.

Remote Work

No

Employment Type

Full-time