- Review and analyze transaction monitoring alerts generated through the SAS AML system in accordance with the AML Standard Operating Procedures (SOPs) and within stipulated turnaround times (TATs).
- Conduct detailed investigations on alerted cases, including customer profile analysis, transactional behavior review, and risk assessment.
- Prepare high‑quality Suspicious Activity/Transaction Reports (SARs/STRs) and ensure timely submission to the Central Bank (CB) in line with regulatory requirements.
- Provide comprehensive, accurate, and well‑documented analysis to support the AML Investigations Team during case review and escalation stages.
- Identify and highlight key Financial Crime risks, unusual patterns, or red flags identified during customer account reviews to the Line Manager and/or Head of Transaction Monitoring (or delegate).
- Monitor the EE/SAS AML system on an ongoing basis and conduct appropriate reviews to facilitate alert closure, escalation, or further investigation as required.
- Escalate any identified compliance policy breaches, financial crime concerns, or suspicious activities to the Line Manager in a timely and effective manner.
- Conduct AML enquiries and investigations based on directives received from the Compliance Manager, ensuring adherence to internal policies and regulatory standards.
- Handle referrals received from business units in accordance with the bank's policies, ensuring no breach of established processes or guidelines.
- Maintain proper documentation and audit trails for all reviews, investigations, and reporting activities.
- Maintain ongoing awareness/current knowledge of all applicable internal/external compliance requirements and existing/emerging legal/statutory/regulatory environment - identifying any issues that could impact the bank.
- Assist the Senior Manager Compliance in ensuring Bank's internal procedures/policies remain compliant with regulations/changes and providing support to the relevant stakeholders as and when necessary.
- Maintain a pro-active relationship with business, facilitating timely involvement to ensure compliant/workable solutions to business issues.
- Assist the Senior Manager Compliance to develop/maintain/update the KYC/ AML Policy, as and when required/requested.
- Assist the Senior Manager Compliance to develop and impart Compliance, KYC and Sanctions related training programs (in conjunction with MLS) to all business group staff on an ongoing basis and as and when requested/necessary (including new staff within 3 months of joining) to raise awareness and ensure all staff understand their responsibilities/obligations.
- Provide support for the enhanced due diligence process followed on businesses classified as high risk prior to account opening/credit proposals and provide decisions
- Maintain and develop relations with Regulators and Business Units.
- Responsible for administrative and office support.
- Around 3-4 years of experience in banking and / or relevant fields, e.g. law, commerce, risk etc. A strong sales/operational background would also be very useful.
- Professional qualification in business/ commerce/ economics/ law.
- Basic understanding of international banking law / practice and products / services.
- General overview/knowledge / experience related to compliance / AML / Central Bank regulations.
- Ability to plan/organize
- Commitment to results
- Ability to influence & negotiate
- Decision making ability
- Team player and participation experience in variety of banking initiatives and solutions.
- Good decision making ability and administrative and interpersonal skills
- Computer literate and strong command of written and spoken English. Arabic is an advantage
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
