Specialist Transaction Monitoring Full-time Job

2 weeks ago   Accounting & Finance   Abu Dhabi   24 views Reference: 27415
Job Details

Key Accountabilities


Support the AVP – TBML Transaction Monitoring as follows:

Perform investigations on alerts generated in TBML monitoring system and identify the need to file internal Suspicious Transactions Reports (STRs)

Review the TBML workflow (from Business to FCC and vice-versa)

Conduct review/investigations on various red flags on trade finance Products (LC, LG, Documentary collection etc.,).

Review all the reports/dashboard generated from the TBML system and document results for resolution/customization (if any)

Report / Escalate any high-risk issues identified as part of investigation to senior management.

Assist in the implementation and monitoring of the framework and plan for TBML to properly address the Compliance needs and requirements in line with laws, rules and regulations that best meets the needs of Group FAB TBML Policy and Procedures.

Maintain and build effective relationships with the related divisions so that effective escalation of issues is achieved, and risk managed.

Assist the AVP – TBML TM in providing timely and accurate Compliance advice on any TBML monitoring matters raised by the business functions on day-to-day operations.

Keep abreast of related rules, regulations and best practices pertaining to TBML, assess its impact on FAB and update the AVP – TBML accordingly.

Provide Timely response for queries raised during investigation.

Execute other duties as directed by the AVP.

Continuous Improvement

Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes, tuning and practices considering global standards, productivity improvement and cost reduction.


Prepare daily / weekly/monthly MI – dashboard for senior management reporting.



Graduate (Preferably in Commerce / Financial Services/Banking & Finance etc.)

Certification in ACAMs/ICA is preferred.

Minimum 3-5 years of experience in Compliance, Trade Finance.

Excellent understanding of regional laws and applicable international regulations

Excellent Knowledge of the AML/CTF applied on different business banking functions.

Strong interpersonal, people management and facilitation skills

Team player, able to meet tight deadlines and manage challenging workload.

Preferable bilingual, Fluent in English and Arabic with strong written and verbal skills

Focused on driving tasks to completion with pace, whilst retaining a high level of attention to detail and accuracy

Company Description
FAB, the UAEs largest bank and one of the worlds largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.