Senior AML Investigator Abu Dhabi Commercial Bank
Full time @Abu Dhabi Commercial Bank posted 10 months ago Shortlist Email JobJob Detail
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Job ID 9487
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Career Level Senior
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Experience Fresh
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Gender Female|Male
Job Description
Senior AML Investigator at Abu Dhabi Commercial Bank to investigate and report suspicious activity and transaction cases that have been referred by peers or external/internal stakeholders. The vacancy was announced by the company on February 27, 2024.
Responsibilities of Senior AML Investigator
- Monitor the daily investigation activities, detection of transactions related to the crimes of money laundering; financing of terrorism and of illegal organizations in order to report suspicions to the Central Bank Financial Intelligence Unit (FIU) and cooperate with the Competent Authorities in relation to AML/CFT duties.
- Investigate suspicious cases referred by the AML Monitoring unit and cases raised by other external/internal stakeholders in order to ensure escalation of the AML process and support the reporting of such suspicious cases to the Central Bank.
- Take final decisions and consult with the MLRO as needed on suspicious activity reporting to Central Bank in order to meet regulatory obligations.
- Develop and update regulatory and statutory reporting programs, such as suspicious activity report (SAR), liaising with key stakeholders and third party service providers to ensure timely and accurate regulatory reporting.
- Attend to FIU queries on filed cases and attend to Law Enforcement meetings on filed cases in order to provide required information on specific investigations.
- Leverage data analysis platforms and review analytics/modeling techniques in order to uncover abnormal financial transactions and complex relationships.
- Analyze trends and identify typologies in suspicious activity trends and suggest control enhancement in order to mitigate emerging AML/CFT risks.
Reporting
- Review and produce periodic reports and other Master Information maintained by the department, as required, in order to support the MLRO.
System Management
- Ensure ongoing review, assessment, and enhancement of existing system parameters and thresholds in order to improve effectiveness and efficiency.
- Ensure AML model validation is performed to ensure it is calibrated to meet regulatory expectations and international standards
Requirements of Senior AML Investigator
- Minimum Qualifications: Bachelor’s Degree in Finance, Accounting, Commerce or Business Administration.
- Minimum Experience: At least 5 years of experience/exposure to banking transactions, compliance, client acceptance and exposure to regulatory Anti Money Laundering requirements in a Bank.
Skills and Knowledge Desired
- Microsoft Office (Word, Excel and PowerPoint) Understanding of account opening and customer documentation.
- Knowledge of customer transactions and behaviours.
- Exposure to banking transactions.
- Understanding of local/International and Central Bank rules and regulatory requirements.
- Understanding of banking systems, reports and workflows.
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