Specialist- AML Monitoring QC (Emiratised Role)

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

Job summary

Join the UAE's largest bank as a Specialist in AML Monitoring QC. This role focuses on supporting compliance with AML regulations and involves performing quality checks, training staff, and ensuring policy alignment. Successful candidates will have a Bachelor's degree and significant experience in compliance, along with strong interpersonal skills and fluency in Arabic and English.

Qualifications

• 5+ years in Compliance and/or Audit with banks.
• Fluency in English and Arabic, strong communication skills.
• Excellent understanding of regional laws and international regulations.

Responsibilities

• Support AML monitoring and compliance activities.
• Perform quality checks on alerts in AML systems.
• Provide training to staff on compliance awareness.

Skills

Interpersonal skills

People management

Facilitation skills

Attention to detail

Education

Bachelor’s Degree in Management, Banking, or Finance

Job description

Specialist- AML Monitoring QC (Emiratised Role)

• Full-time
• Sub Division: Credit - Administration
• Division: GCOO

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent, and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company, in an exciting & dynamic industry.

Purpose of Job:

Reporting to the AVP – AML Quality Check & Training, the main responsibility of this role is to support the business areas covering AML monitoring activities for the Group and ensure alignment of policies and procedures with regulatory requirements and applicable laws and regulations.

Tasks:

• Support the AVP – AML Quality Check & Training by assisting in the implementation and monitoring of AML frameworks and plans to address compliance needs in line with laws, rules, and regulations, aligning with Group FAB TM Policy and Procedures.
• Perform quality checks on alerts in the AML monitoring system and identify the need to file internal Suspicious Transaction Reports (STRs).
• Assess conformance with relevant Group Compliance Policies and Procedures, such as Transaction Monitoring Procedures.
• Evaluate the effectiveness of controls used to mitigate risks.
• Identify deficiencies and inaccuracies in activities assessed.
• Provide training to staff to raise compliance awareness related to TM and FCC procedures.
• Maintain effective relationships with related divisions for issue escalation and risk management.
• Assist in providing timely and accurate compliance advice on AML monitoring matters raised by business functions.
• Stay updated on related rules, regulations, and best practices, and assess their impact on FAB, updating the AVP accordingly.
• Provide timely responses for compliance clearance requests.
• Execute other duties as directed by the AVP – AML Quality Check & Training.

Authorities:

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

Minimum Qualifications:

• Bachelor’s 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.
• Strong knowledge of AML/CTF applicable to various banking functions.
• Strong interpersonal, people management, and facilitation skills.
• Team player, able to meet tight deadlines and manage challenging workloads.
• Preferably bilingual, fluent in English and Arabic with strong written and verbal skills.
• Focused on task completion with pace, attention to detail, and accuracy.
• Discrete, with a sense of integrity, handling sensitive information confidentially.