AVP- Financial Investigations Unit Emiratised Role

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 a top company, in an exciting and dynamic industry.

JOB PURPOSE:

To support and execute activities of the MLRO team in relation to Suspicious Transaction Reporting (STR) reporting. The job purpose entails performing investigations, assessing the financial crime risks and proposing cases to MLRO for final decision-making with proper recommendations and risk mitigations. In addition, AVP FIU is also required to ensure the day-to-day mandatory activities for the unit are functioning smoothly and come-up with solutions for the betterment of the department.

KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Support VP, FIU with the following activities:

• Develop FIU framework which includes designing policies, procedures, systems in order to support the reporting of suspicious transactions and creating awareness regarding the AML function.
• Implement Transaction Monitoring and Suspicious Transaction Reporting measures in line with applicable laws, regulations and the Bank internal guidelines.
• Oversee and effectively manage reported unusual activities and suspicious transactions.
• Ensure timely reporting of unusual activities and suspicious transactions to the MLRO and Regulatory Authorities.
• Provide SME advisory to the business, support functions, international branches and subsidiaries on transaction monitoring and suspicious activities/transactions matters.
• Based on MLRO or designates feedback, raise the case in reporting system or close the case internally with proper documentation.
• Stay abreast of related AML/CFT laws, rules, regulations and best practices pertaining to transaction monitoring and STR filling.
• Assist with any ad-hoc tasks that may be assigned by Line Manager or MLRO.
  
  

Minimum Qualification

• Bachelor’s Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, AML/CFT, Financial Crime or Risk Management.

Minimum Experience

• At least 5 years of business experience in an AML Compliance role in a reputed bank.
• Strong knowledge of compliance technology systems and platforms.
• Understanding of data analysis procedures and applications of statistical modelling.