Senior Analyst Transaction Monitoring
15 hours ago
**Essential Duties/Resposibilties**:
- Assist the Financial Crime Compliance and Governance Team on the implementation of an effective transaction-monitoring framework.
- Identify any compliance weaknesses and support ongoing transaction monitoring enhancements at the Group level.
- Detect suspicious transactions by effectively monitoring customer transactions to avoid any reporting failures that could lead to fines/penal actions and the consequent loss of reputation.
- Assist to ensure that Group transaction monitoring scenarios are up to date, accurate and satisfy regulatory requirements.
- Participate in monitoring the implementation of the transaction monitoring strategy across the Group.
- Perform risk-based reviews on transaction monitoring cases and mitigate ML/TF risks with clear and concise narrative and escalate risks of ML/TF to the next level as and when required.
- Develop an understanding of the Financial Crime Compliance systems being used across the group.
**Education/Experience Requirments**:
- Bachelor degree with professional qualifications in CAMS/ CCO/ CIA or equivalent
- Arabic Speaker is preferred
- A minimum of 7 years’ relevant experience in a major banking institution or in a consultancy firm.
- Solid experience of working in financial services on transaction monitoring.
- Good understanding of the requirements of the Money Laundering Regulations and the Joint Money Laundering Steering Group Guidance.
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