Aml Advisory Contract New

2 weeks ago


UAE, United Arab Emirates Marc Ellis Consulting Full time

1. JOB HOLDER & JOB DETAILS:
Job Title:
Outsource Consultant - AML Advisory

Reports to:
VP - AML Advisory

Group:
Compliance

Function:
AML Advisory

Department:
Group Financial Crime Compliance

Job Family:
SOW - Temporary Resource
Outsource Consultant

Prepared / Revision
Prepared

2. JOB PURPOSE:
To support the AML Advisory team in managing the day-to-day activities and address the challenges of sudden volume spikes. The main scope of work is to support in handling the high volumes of Regulatory requests received via IEMS portal and CIR portal.

3. KEY ACCOUNTABILITIES:
Fulfilling request received from UAE Authorities and notices received (including freeze/unfreeze notices)
Prepare case files and EDD summary reports based on regulatory request.
Record, monitor and report volume of Regulatory queries to VP AML Advisory.
Perform transaction analysis of customer account statements and identify suspicious activity (if any).
Follow all relevant AML policies, processes and standard operating procedures, and instructions so that the work is carried out in a controlled and consistent manner.
Provide support to VP - AML Advisory on AML activities and projects
Identify and propose opportunities for continuous improvements to AML related systems, processes and practices based on risks and control deficiencies identified.
Stay abreast of related laws, rules, regulations and best practices pertaining to AML.
Notify VP - AML Advisory or MLRO on all incidents of non-compliance with regulation and legislation, in a timely manner.
Provide support in the testing and enhancement of new automation tool
Carry-out the compliance duties to ensure the day today functions are adhering to the CBUAE regulations and in line with the bank’s policies and procedures
Other duties as assigned by MLRO or head of the departments

4. FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:
5. QUALIFICATIONS & EXPERIENCE:
Bachelor’s Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, AML/CFT, Financial Crime or Risk Management.
Minimum Experience
2 years of business experience in an AML Compliance role

6. APPROVALS:
Line Manager:
Signature

Date

Human Resources:
Signature

Date


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