Specialist - Name Screening (AML/FLOD)

GSSTech Group; Abu Dhabi; On-site; AED 60,000 - 80,000; Full time

Job summary

A leading financial services provider in Abu Dhabi is seeking a Specialist for Name Screening to support regulatory compliance programs. The role includes conducting investigations on alerts, recording clearances, and ensuring adherence to compliance guidelines. The ideal candidate has a relevant bachelor's degree and at least two years of experience in a banking environment, with communication skills and the ability to work efficiently within a team. The role offers significant contributions to Sanctions and AML processes.

Qualifications

• Minimum of 2 years of experience in a reputed bank.
• Preferably 1 year in a Compliance role.
• Fair knowledge of Sanctions and AML regulations.

Responsibilities

• Perform First and Second Level Investigation of Name/Batch Screening alerts.
• Record rationale for clearance for various clients across UAE and internationally.
• Support the business lines in reviewing client transactions regarding Sanctions.

Skills

Excellent communication skills

Positive and enthusiastic attitude

Excellent interpersonal skills

Education

Bachelor's degree in management, banking, finance, or related field

Certification in compliance, AML/CFT, financial crime, or risk management

Job description

The Specialist – Name Screening is critical to supporting the bank's robustSanctions Compliance Monitoring ProgramandAML Transaction Monitoring Program.This role ensures adherence to bank policies and procedures to maintain compliance with regulatory guidelines regardingName/Batch Screening/Sanctions Screeningand other monitoring requirements.The job holder handles theFirst Line of Defence (FLOD) Surveillance activitiesfor Name (Batch) Screening, covering the complexities of regulations and procedures across all jurisdictions.

Core Duties & Responsibilities

Customer Name Screening & Investigation

• PerformFirst and Second Level Investigation and clearanceof Name/Batch Screening/FSK (Onboarding screening) alerts.
• Record the rationale for clearance for an array of clients across UAE and International geographies.
• Escalate cases not cleared by investigation to the respective CIB/PB Risk & Control Alert Management support unit or related unit within the Group Compliance SLOD.
• Gather supportive information from a list ofinternal and external databasesbased on global standard processes.
• Conduct searches, gather data, and record evidence from internal systems, the internet, and through enquiry with the business.
• Conductenhanced due diligence investigationsin support of policies and procedures.
• Request RFI (Request for Information) for potential matches.
• Investigate documents in line with Group Sanctions Policy or department procedures.
• Record and retain alerts and cases in line withrecord keeping requirementsof the respective jurisdictions.
• Build and apply knowledge of sanctions and anti-money laundering processes.

Strategic Contribution & Compliance

• Support the implementation of the Bank’s Group-wide Compliance strategy within the First Line of Defence.
• Stay abreast with the control environment, control appropriateness, effectiveness, and control testing tools and techniques available within the Bank.
• Support the business lines in extending their products by way ofreviewing and screening their clients’ transactionswith regard to the Sanctions and overall AML/CTF risks associated.
• Measure the appropriateness and screening capabilities of the product platforms with the Surveillance systems of the Bank.
• Maintain complete knowledge of all Regulatory compliance, Sanctions and AML policies & guidelines relevant to bank international network.
• Understand industry-specific screening methodologies and available technological and infrastructural arrangements to drive the Surveillance program.
• Possess knowledge of changing and evolving regulations laid down by the bank, Executive Office, and International governing bodies.
• Effectively contribute from a FLOD perspective for future revisions to bank Compliance policy & guidelines.

Continuous Improvement & Reporting

• Identify opportunities forcontinuous improvementsto Name/Batch Screening related systems, processes and practices based on risks and control deficiencies identified.
• Recommend, initiate, and implementoptimisations to screening methodologies and parametersto maximize cost efficiency and effectiveness of regulatory compliance.
• Work closely with the Technology, Data & Reporting Team onKPI’s and KRI’sfor reporting to senior stakeholders.
• Ensure information for MI (Management Information) related to Customer Name Screening is delivered to the Technology, Data and Reporting team in a timely manner.
• Manage similar reporting for International Branches and match their reporting requirement and standards.
• Support the implementation of Internal Audit, Regulatory Compliance, and Group Compliance SLOD recommendations for findings pertaining to Sanctions Name Screening.
• Responsible for monitoring and supporting timely implementation of Compliance systems projects applicable to domain.

Required Qualifications & Experience

Education

• Bachelor’s degree or higherin management, banking, finance, or a related field.
• Preferably with certification in compliance, transaction monitoring/sanctions screening, KYC/AML/CFT, financial crime, or risk management.

Experience

• Minimum of 2 years of experiencein a reputed bank.
• Preferably1 year in a Compliance role.
• Fair knowledge and capabilities to decipherSanctions and AML/CTF regulations for Global regimes.

Skills & Attributes

• Excellent communication skills, both written and spoken.
• Positive and enthusiastic attitude.
• Excellent interpersonal skills.