AML Advisory Contract

Role: AML Advisory
Location: Abu Dhabi, UAE
Notice Period: Immediate Joiners Only
Duration: 3 months contract – renewal might be considered based on expertise/volumes

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.

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.

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