General Information:

  • Responsible for Compliance & AML monitoring and sanctions screening for all EMEA booked business across the TFC and Bank businesses.
  • To review, investigate and disposition alerts generated by AML monitoring systems based on AML knowledge, judgment and appropriate research; fully documenting evidence and conclusions.
Main Responsibilities:Work Management

  • Supervise the sanctions and the Embargoes daily operations.
  • Review, investigate and analyze local and international sanctions lists of obligations.
  • Supervise the operations of the sanctions team, in order to make sure all blacklisted persons or entities are supervised through Electronic systems’ real time and day to day.
  • Understand AML typologies and therefore unusual activity to ensure appropriate levels of escalation.
  • Approve instructions made by Sanctions Analyst to Trade Finance and wire transfer operational areas when giving advice on sanctions or prohibitions notices to a product.
  • Enforce regulatory notices pertain to freezing/unfreezing of assets, monitoring and recording actions taken as per the instructions of the Head of AML and compliance.
  • Promote the awareness of Sanctions practices.
  • Ensure that Bank standards are being met; policies are being complied, providing the relevant information to support the Department Head and that they are in order to better protect Bank’s reputation.
  • Take active interest to build skills and develop competencies for self to hold higher responsibilities. Keep oneself update with the Bank’s operation procedures.
Job Context:

  • The bank is undergoing a process of dynamic change in order to maintain its position as one of the strongest banks in the highly competitive UAE banking sector.
  • To meet the demands of this change process the Bank has recently set up the AML & Compliance Department with a view to keeping update with AML activities and also to manage compliance to Central Bank’s rules.
Qualification & Experience:

  • Minimum 4 years of Bachelor Degree.
  • Diploma or Certificates in Anti-Money Laundering.
  • Minimum 4 – 5 years of related experience with exposure to banking work especially in Trade Finance or Wire transfers.
  • Good understanding of banking concepts and procedures.
Skills & Competencies:

  • Good command of English and Arabic language (spoken & written).
  • Ability to effectively analyze data from multiple sources in multiple formats.
  • Attention to details.
  • Ability to understand and analyze SWIFT messages carefully.
  • Communicating effectively.
  • Taking Initiatives.
  • Concern for order and attention to details.
  • Analytical thinking and problem solving.
  • Ability to work under stress and after office hours.
Note: you will be required to attach the following:1. Resume / CV
2. Passport-size photograph
Business Unit:  Head Office  Branches:  Head Office
Function:  Compliance & Anti Money Laundering  Emirate/Area:  Dubai
Contract Type:  Permanent  Closing Date:  27-Nov-2014