Anti Money Laundering Specialist
XAD Technologies View all jobs
- Dubai
- Permanent
- Full-time
- Suspicious Transaction Reporting (STR): Draft and submit high-quality STRs through GoAML and related regulatory systems in a timely and accurate manner.
- Regulatory Compliance: Prepare periodic regulatory submissions and maintain comprehensive management information (MI) reports on AML activities.
- Quality Assurance: Conduct quality control (QA/QC) reviews across all business lines to ensure adherence to internal AML/CFT and Fraud policies.
- Transaction Monitoring: Monitor and investigate alerts from our AML systems, analyzing transaction patterns and reviewing payment screening alerts for potential sanctions violations.
- Case Investigations: Perform thorough investigations into potentially suspicious activities, escalating cases to Compliance Management as needed, while managing cross-functional communications.
- Reporting & Recommendations: Draft detailed reports on AML findings, including root causes and risk mitigation measures to reduce regulatory exposure.
- Complaint Oversight: Oversee the complaints management process and coordinate resolution efforts aligned with compliance standards.
- Bachelor's degree in Finance, Law, or a related field (Masters degree is a plus)
- CAMS certification is mandatory
- Minimum of 6 years of AML/Compliance experience within a fintech or licensed financial institution (UAE or internationally)
- Strong track record in transaction monitoring, STR preparation, and quality assurance auditing
- In-depth understanding of AML/CFT typologies, red flags, and global regulatory frameworks
- Expertise in GoAML and other AML systems and tools
- Strong analytical thinking with a sharp eye for identifying suspicious behaviors and trends
- Excellent report writing, verbal communication, and stakeholder management skills
- Ability to work under pressure with meticulous attention to detail