banking jobs in UAE | Commercial Bank International emirates careers
Commercial Bank International announced, through its Linkedin account, a bank job in uae (Senior Officer FCC (AML Investigations)) according to the following:
- Daily reviewing of all transactions generated by the AML monitoring system.
- Investigating the alerts pertaining to transactions which are suspicious/unclear/doubtful.
- Generating queries to the RM/Branches to provide the full KYC information and details/justifications/supporting documents of suspicious high value transactions.
- Undertaking regular reviews and analysis of alerts, STRs and MIs to identify any trends / typologies requiring actions to be taken to strengthen the AML monitoring controls and suggesting possible mitigation controls.
- Performing periodic analysis of the customers’ accounts to identify any suspicions and investigate whether there are any suspicions to report.
- Where suspicions are identified and investigated and where reporting is required, preparing a Suspicious Transaction Report, submitting it to unit manager / DMLRO for review before escalating to the MLRO for approval.
- When the STR is revised and final approval is obtained, reporting the same on the CBUAE STR system.
- Ensuring appropriate action and follow up until satisfactory closure to address CBUAE comments/requirements.
- Undertake the required investigations to respond to the Central Bank Enhanced Due Diligence Requests.
- Assisting and guiding any Officers in the department with AML investigations and customer/transactions reviews.
- Providing feedback to any Officers in the department regarding the quality of case work performed while ensuring adherence to internal procedures.
- Undertaking tasks as may be required by the line manager or his/her Seniors.
- Maintaining appropriate MIS (daily, monthly, quarterly, annually) of alerts, investigations and STR.
- Ensuring proper update of relevant MIS and frequent reconciliation as well as necessary follow-ups on pending items.
- Ensuring proper reporting of violations of the relevant AML regulations of the Central Bank.
- Assisting in reviewing of the available AML / CTF systems and ensuring proper follow up with IT for any identified gaps or on any ongoing projects.
- Advising on enhancements of the existing systems or on introducing new technologies.
- Tertiary education with a Bachelor’s degree as a minimum.
- Mandatory Compliance qualification or certification mainly CAMS or CGSS. CFCS certification or any other relevant AML/ Compliance qualifications.
- a Bachelor’s degree as a minimum.
Details and apply for this Commercial Bank International job as follows:
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