| Job Location | Dubai, United Arab Emirates |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Banking |
| Functional Area | Not Mentioned |
Job PurposeThe incumbent would be responsible for identification, Transaction analysis, monitoring and reporting of Anti Money Laundering and Terrorist Financing requirements of UAE Central Bank. Ensuring compliance with applicable laws, rules, regulations and Bank policies and procedures mainly in AML policies and procedures.?Key Responsibilities/Output Expected1.??? Identification and guidance on Know Your Transaction standards for cash transactions, SWIFT wire transfers, manager?s cheques, clearing transactions. Approving exceptions in this regard2.??? Analyzing Internal STR reports from the branches on customers and transaction. Conducting reviews for branches highlighting issues and following for their closure.3.??? Assist the Head of AML to supervise and manage overall AML & CTF functions across all departments / units within Noor Bank.4.??? Completing Transactions Monitoring and reviewing Daily alerts whether are consistent with customer profile with 100% accuracy and ensure all the daily alerts are cleared on the same day from the date of alert.5.??? Completing Transactions Monitoring and reviewing Monthly alerts whether are consistent with customer profile with 100% accuracy and ensure all the monthly alerts are cleared within 3 weeks from the date of alerts6.??? Perform follow-up on the Alerts assigned to RMs by sending reminders and escalate the case if there is response received on time.7.??? Raising Suspicious Activity Report / Suspicious Activity Transactions for the unusual transactions/suspected accounts to UAE Central Bank.8.??? Review of high risk Customers KYC and conduct due diligence as part of transactions monitoring.9.??? Report to Central Bank on their AML related queries and CDD on timely manner and accurately10.? Ensure bank complies with local regulatory and international requirements of AML & CTF.11.? Assist of managing the activities of AML Unit to ensure that money laundering & Terrorist Financing Risks are adequately managed in line with the bank AML & CTF policies and procedures and international requirements.12.? Report to Central Bank on their AML related queries and CDD on timely manner and accurately13.? Assist the Head of AML on daily basis for the assigned tasks14.? Completing and filling Suspicious Transaction Reports to the UAE Central Bank15.? Taking decision on customer profile (KYC) status whether required to be updated16.? Analyzing supporting documents related to transactions and provide judgment regarding the same.
Keyskills :
Anti Money Laundering AML
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