About Wio
Wio Bank is a leading one-of-a-kind financial platform that is revolutionizing the banking industry in the MENA region. Our platform is here to reboot personal and business banking in the digital age. Our personalised features and seamlessly integrated services are built around your needs, helping you spend, save, and plan for your future.
What You Will Be Responsible For
- Manage investigation of alerts effectively as per AML policy & Procedures disposes off AML system alerts on a daily basis.
- Communicates with the Customers/Business Units with respect to the Central Bank's response to STRs while ensuring that actions directed by the Central Bank are followed up until completion.
- Ensures all cases referred to Customers/Business units are followed on and going basis till the resolution of the case with all overdue cases to be immediately highlighted to the AML Lead/ Head of FCC.
- Communicate all AML concerns in appropriate manner to ensure these concerns are duly communicated and responded to on a timely basis.
- Review suspicious activity for further investigation and document the investigation and report it to AML Lead / Head of FCC for further advice.
- Raises STRs on a timely manner, maintain all communications including all STR related communications in save and retrievable manner as per guidelines provided.
- Facilitate responses to queries of Central Bank.
- Assist the AML Lead on daily basis for the assigned tasks
- Supervise work conducted by AML analysts and review team performance to ensure effective and efficient closures of AML alerts generated by AML system while improving quality where required.
- Liaise with concerned support functions within WIO bank, IT, Business units, etc. to resolve day to day issues encountered with system related / operational issues.
- Assist the AML lead/Manager to supervise and manage overall AML functions across all departments / units within WIO bank
All the above accountabilities include but not limited to any additional/new tasks or responsibilities assigned by the line Manager.
What Are We Looking For
Required Skills / Abilities
- Ability to analysis the transactions, customer behavior and making judgment on whether these are considered as regular or suspicious.
- Ability to escalate any Red flag further investigation.
Education and Experience
- Bachelor's degree in Finance, Business Administration, or a related field. A Master's degree is preferred.
- Professional certification in AML (e.g., CAMS, ICA) is preferred.
- Minimum of 5 years of experience in AML/CTF compliance within the banking or financial services industry.
- Strong understanding of AML regulations and guidelines, including those mandated by local UAE authorities and international bodies (e.g FATF, OFAC).
- High level of integrity, attention to detail, proactive mindset, and a strong commitment to AML compliance.
- Strong team management skills, with the ability to guide and mentor compliance staff.
- Preferably Bilingual, fluent in English and Arabic with strong written and verbal communication skills.
Why Should You Work For Us
- We're building the first platform bank in the region, aiming to transform banking operating models towards a more digital future. Wio's objective is to provide solutions in three areas - Digital Banking apps, Embedded Finance and Banking-as-a-Service solution.
- We're looking for high caliber talent to setup our fully digital platform bank, which delivers best-in-class, customer centric products and services that are modern and able to adapt to the constantly evolving needs of today's generation.
