About this role
Responsibilities
• Review and analyze the alerts triggered in SAS as per the AML SOP within the stipulated TATs. • Prepare the Suspicious Activity Report and submit to CB on timely manner. • Assist the AML Investigation Team by providing a complete quality analysis for the reviewed cases at the analysis stage. • Highlight any key Financial Crimes risk throughout the review and analysis of customers’ account to the Line Manager and/or Head of Transactions Monitoring/delegate. • Assist in the development, review, and updating of AML policies, procedures, and SOPs to align with regulatory changes. • Conduct enhanced due diligence (EDD) on high-risk customers and transactions. • Investigate complex cases involving potential money laundering, terrorist financing, or sanctions breaches. • Monitor customer transactions for patterns indicative of financial crime using various AML tools and systems. Experience
• Graduate with 3 years of AML Transactions Monitoring. • CAMS Certified/other recognized certification is a plus. • Market knowledge of IT tools/ software used for AML monitoring system. • Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements. • Organizational awareness including working knowledge or risks, products, processes and controls. • Computer literate with good knowledge of MS Excel and Business Object (BO) reports. • Good command over spoken and written English. • Team player, good communication and inter-personal skills. • Adherer to timelines and ability to work under pressure. • Customer Centric/Focus. • Attention to details & quality. • Analytical thinking.
• Monitor SAS AML System and conduct appropriate reviews to facilitate closure of alerts or further investigation/reporting. • Highlight any Compliance Policy breaches, Financial Crimes concerns or suspicions to Line Manager. • Conduct AML enquiries/ investigations upon directives received from the Compliance Manager on an on-going basis. • Handle referrals received from business units as per the bank’s policy, ensuring no breach of the applicable process guidelines. • Possesses sound knowledge of banking practice & laws and Mashreq bank’s policies / procedures / systems & controls; operates in a strictly regulated, multi-jurisdictional environment and requires in-depth knowledge of local and international regulations regarding AML. • Detailed Knowledge of the Bank’s AML/KYC policies and procedures. • Analytical thinking and educative judgment on AML & CTF regulations, and their bank wide implementation.
• UAE Nationals only to apply. • Graduate with 3- 4 years of AML Transactions Monitoring. • CAMS Certified/other recognized certification is a plus. • Market knowledge of IT tools/ software used for AML monitoring system. • Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements. • Organizational awareness including working knowledge or risks, products, processes and controls. • Computer literate with good knowledge of MS Excel and Business Object (BO) reports. • Good command over spoken and written English. • Team player, good communication and inter-personal skills. • Adherer to timelines and ability to work under pressure. • Customer Centric/Focus. • Attention to details & quality. • Analytical thinking