AML Alert Manager

Role : AML Alert Manager
Location : Abu Dhabi

Role Purpose: The AML Alerts Manager is responsible for the implementation of the Group-wide (including branches subsidiaries and ADIB Sudan Iraq and Qatar) AML/CFT Program and Provide Subject Matter Expertise (SME) advice guidance and input on AML/CFT regulations including but not limited to writing AML/CFT Policy Procedures and delivering training. The role entails implementing the Group AML/CFT Policies and Procedures periodic review of the AML/ CFT program owning AML/CFT systems and ensuring breach of applicable regulations are escalated to the Head of AML & Sanctions and Global Head of FCC on a timely basis

• the Groups Compliance strategy within the AML/CFT teams remit in GCD and COC to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
• 2. Ensure Group AML/CFT policies and procedures remain updated relevant and communicated to all stakeholders.
• 3. Implementation of the AML/CFT program within the Group (including branches subsidiaries and international locations) to address current AML/CFT risks and remain sufficiently agile to manage anticipated future AML/CFT risks.
• 4. Keep abreast of related laws regulations and best practices pertaining to AML/CFT and assess its impact on ADIB Group. For International branches and subsidiaries work with Head of IBG Compliance and local MLROs to keep the AML/CFT program updated in line with the local laws and regulations.
• 5. Monitoring and all Alerts received from the system are comprehensively investigated by the Compliance Operation Center (COC) to achieve conclusive results that comply with all local regulations / international best practices
• 6. Monitoring daily weekly and monthly AML Alert and case inventory and to ensure ALL alert analysis and case investigations are completed established service level agreements and regulatory time frames.
• 7. Have an effective oversight on COC functions for AML in respect of; o Team performance and productivity. o Review QA results and take necessary actions to remediate failed cases including identifying root causes. o Review MIS reports and attend governance calls and take remedial actions on any identified issues.
• 8. Ensure that COC and L3 teams are updated with latest changes in the regulatory landscape
• 9. Enhance Review and Uplift existing procedures policies guidances in line with the regulatory requirements
• 10. Ensuring appropriate investigations reporting and controls are in place targeting each step of the investigative process workflow.
• 11. Monitoring individual and team level productivity to ensure Alerts are actioned within appropriate time frames.
• 12. Serving as Subject matter expert coaching Associates and Investigators motivating employees providing mentor-ship and identifying continuing education training opportunities for the Team and individuals as well as promoting career progression initiatives for business & Level 3 Team.
• 13. Reviewing high profile anti-money laundering investigations requiring the utmost confidentiality including but not limited to terrorist financing subpoenas and litigation.
• 14. Managing individual performance evaluations throughout the year.
• 15. Ensuring that all investigations are completed timeously and accurate to the satisfaction.
• 16. Ensuring that level 3 conduct investigations on current or prospective customers and third parties: this may include but will not be limited to background reviews negative news screening reviews internet searches and enhanced due diligence.
• 17. Lead the Level 3 AML & CTF Alerts Investigation Team in providing positive accurate and practical advice to all business and operations on all questions and issues.
• 18. Provide SME guidance / input to the business/ Branches on how to evaluate AML & CTF risks how to escape to GCD and on managing the suspicious transactions through Unusual Activity Report(UAR)
• 19. Ensure the appropriate implementation and competition of all KPIs for direct reports for level 3 team.
• 20. Initiate continuous productivity improvement into the AML & CTF processes by participating as a key stakeholder in the delivery of new technology and working with the COC and L3 teams to identify business process improvement opportunities. Provide AML & CTF SME guidance / input on all AML & CTF impacted IT systems.
• 21. Conduct regular meetings with the business COC and Level 3 to facilitate good communications and resolve any AML & CTF alerts/cases issues within the organization for various business areas.
• 22. Work collectively with Head of AML & Sanctions Unit and Head of Financial Crime Compliance to develop and maintain a motivated and professionally trained staff