Transaction Monitoring Assistant Manager

Emirates NBD Bank (PJSC); United Arab Emirates; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Anti-Money Laundering Officer to join their dynamic team. This role involves managing the AML and CTF Programme, investigating suspicious transactions, and ensuring compliance with regulatory requirements. The ideal candidate will have 2-3 years of experience in AML Transaction Monitoring and possess strong analytical and communication skills. You'll work closely with senior management to mitigate risks and enhance the organization's compliance posture. This is a fantastic opportunity to contribute to a vital function within a reputable banking institution, where your expertise will help safeguard the integrity of financial operations.

Qualifications

• 2-3 years in AML Transaction Monitoring roles in banking or financial services.
• Experience with Transaction Monitoring and Reporting is preferable.

Responsibilities

• Investigate alerts and cases accurately following established procedures.
• Monitor and mitigate risks, keeping Senior Management informed.
• Report potential Suspicious Transactions timely to Compliance.

Skills

AML Transaction Monitoring

Knowledge of AML legislation

Analytical Skills

Communication Skills

Time Management

Interpersonal Skills

Leadership Abilities

Conflict Management

Education

MBA/PG Diploma in Business Management (Finance)

Tools

AML Erase Monitoring System

Job description

Job Title: Anti-Money Laundering Officer

Qualifications: MBA/PG Diploma in Business Management (Finance), Secondary and Tertiary education.

Nationality: Any

Vacancies: 1

Job Description

The Anti-Money Laundering Officer assists the AML Manager in managing the AML and CTF Programme to monitor, investigate, and report suspicious transactions in compliance with regulatory requirements and internal policies.

Responsibilities

1. Investigate alerts and cases accurately following established procedures.
2. Close non-suspicious alerts or refer complex cases to the Business Compliance unit.
3. Seek opinions from the Unit Manager and escalate cases as needed.
4. Escalate confirmed true matches and issues.
5. Provide accurate MI related to FCRM alerts/cases within deadlines.
6. Participate in testing AML system upgrades and ensure timely completion.
7. Meet TAT targets and send reminders for overdue information requests.
8. Monitor and mitigate risks, keeping Senior Management informed.
9. Report potential Suspicious Transactions timely to Compliance.
10. Investigate and resolve suspicious transaction cases promptly.
11. Complete ad hoc requests from AML Manager within deadlines.
12. Coordinate project deliverables with stakeholders.
13. Maintain quality standards as per TM procedure manual and complete corrective actions from QA.

Desired Candidate Profile

Skills & Experience:

• 2-3 years in AML Transaction Monitoring (L1 & L2) roles in banking or financial services.
• Knowledge of AML legislation and local regulations.
• Experience with Transaction Monitoring and Reporting is preferable.
• Understanding of banking products, client profiles, and vulnerabilities.
• Experience with AML Erase monitoring system and Suspicious Transaction reporting.
• Analytical, communication, time management, and interpersonal skills.
• Leadership, motivation, and conflict management abilities.
• Integrity, confidence, and a focus on continuous improvement.

Employment Details

• Type: Full Time
• Industry: Banking, Broking
• Departments: Accounts, Taxation, Audit, Company Secretary

Keywords

• Transaction Monitoring
• Compliance Analyst Lead

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