Senior AML Analyst

Role: Senior AML Investigator

Location: Abu Dhabi

Role Purpose:

• To ensure compliance and enhance efficiency through executing and monitoring transaction activity performed in branches& business departments
• To advise and report compliance activities to the Head of Financial Crime and Head of AML & CFT monitoring transactions.

Key Accountabilities of the role

• Conducting Level 3 AML investigation on cases identified and through other channels liked fraud, business and other external alerts (UAE central bank, other banks etc.).
• Preparing AML reports like EDD/ISTR/STR.
• Reporting AML and fraud STRs to UAE central bank.
• Responding to enquiries from central bank.
• Liaise with business units for enquiries.
• Provide subject matter expertise within AML unit and to
• other business units. (Exhibited through handling of queries and providing opinion to AML/CTF questions raised internally).
• Making recommendations related to the reporting of suspicious activity through ISTR & STR to central bank.
• Provide constructive feedback to COC team members
• based on analysis of escalated cases to improve the quality of level one review and STR escalations.
• Promote teamwork & peer reviews. (Willingness to help, adaptability to team situations, sharing workload).
• Manage escalations to ensure timely and effective resolution of issues.
• Participate and involve in meetings/workshops/seminars to represent AML unit.
• Continuous self-development professionally through training & professional certifications.
• Involve in team development initiatives through sharing of best practices and knowledge related to AML/CTF
• Assist the unit head in preparation, finalizing, certification and re-certification of AML unit SOPs.
• Ad hoc projects and ad hoc work, active participation and completion on time).
• Contribute on any new enhancement for AML system Omni & attending the UATs.
• Coordinate & monitor projects/enhancements with IT & vendor related to AML transaction monitoring system.
• Managing and/or investigation complex financial crime cases (Exhibiting forensic skills, utilizing available resources to find information and find linkages, good decision-making skills exhibited through conclusion and recommendations made on investigations) and investigating the AML suspicious cases as per GCD standard time. (Ensuring investigations reach conclusions without delays through proper follow ups).
• Improve the investigation of the cases and training the branches for providing the standard reply of the cases to reduce compliance risk. (Exhibits good training skills and trainings get translated into
• improvement of output by the branches).
• Identify process, control gaps, and suggest ways to improve.
• Preparing suspicious transactions/activity reports (STRs) and other written investigative/intelligence products to support judgments, decision and recommendations.
• Provide SME feedback to ensure Group AML/CFT policies and procedures remain updated, relevant, and communicated to all stakeholders.
• 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.

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 MLRO's to keep the AML/CFT program updated in line with the local laws and regulations.

Specialist Skills / Technical Knowledge Required for this role:

• The candidate is expected to have professional qualification or industry recognized certifications/ diploma in AML/
• Compliance related fields like ACAMSs/ICA/ACFCS/FIBA etc.
• Excellent communication skills.
• Good knowledge of the UAE/international regulations/ rules.
• Good knowledge of Banks's products, policies & procedures.
• Good knowledge of compliance function planning.
• Computer skills – use of applications especially Microsoft office.
• Strong analytical, written and oral communication skills.
• Analytical mind, good communication and self-motivated, details oriented.
• Ability to multi-task.
• Independence of thought and initiative.