Specialist, AML Transaction Monitoring (Emiratized Role)

First Abu Dhabi Bank View all jobs

  • Abu Dhabi
  • Permanent
  • Full-time
  • 18 days ago
Job Category: Specialist - FLODJob Description:Support the AVP - AML Transaction Monitoring as follows:
  • Assist in the implementation and monitoring of the framework and plan for AML to properly address the compliance needs and requirements in line with laws, rules, and regulations that best meet the needs of the Group FAB TM Policy and Procedures.
  • Perform investigations on alerts escalated in the AML monitoring system.
  • Review the RFI responses received.
  • Identify the need to file internal Suspicious Transaction Reports (STRs).
  • Maintain and build effective relationships with related divisions to ensure effective escalation of issues and proper risk management.
  • Assist the AVP - AML Transaction Monitoring in providing timely and accurate compliance advice on any AML monitoring matters raised by the business functions during day-to-day operations.
  • Keep abreast of related rules, regulations, and best practices pertaining to AML, assess their impact on FAB, and update the AVP - AML Transaction Monitoring accordingly.
Responsibilities:
  • Provide timely responses for compliance clearance requests.
  • Execute other duties as directed by the AVP - AML Transaction Monitoring.
The Bank's Group AML Monitoring Compliance functionThe Bank's compliance with standards and regulationsOther authorities as directed by the MLRO of Group Compliance and HoFCCQualifications:
  • 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 AML TM Compliance and/or Audit in banks.
  • Excellent understanding of regional laws and applicable international regulations.
  • Excellent knowledge of AML/CTF as applied to different business banking functions.
  • Strong interpersonal, people management, and facilitation skills.
  • Team player, able to meet tight deadlines and manage a challenging workload.
  • Preferably bilingual; fluent in English and Arabic with strong written and verbal skills.
  • Focused on driving tasks to completion with pace while retaining a high level of attention to detail and accuracy.
  • Discreet, with a strong sense of integrity, and able to handle highly sensitive information with absolute confidentiality.
About Us:About Us:First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.Life at FAB:Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organizationCareer Development:FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.Our Values:At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.Join our team and be part of a journey to shape the future of banking.

First Abu Dhabi Bank