AML Operations Officer

lxbfYeaa - Egypt - Cairo

Job purpose:

Performing the day-to-day activities of the AML operation Unit by handling daily/ weekly/ monthly cases or alerts generated from the system.


Compliance Culture:

Work fully within Compliance policies, procedures and regulations in addition to support Compliance and Corporate Governance team in preforming the daily operations and any assigned tasks by management.


Accountabilities:

  • Review various generated cases or alerts on unusual or large amounts transactions.
  • Send Inquiries to different LOBs ( Branches / Departments ) for more data/documents if needed.
  • Review branches replies on inquiries, as well as investigate the transactions with the customer account history and KYC parameters.
  • Escalate suspicious cases to AML after conducting proper due diligence.
  • Investigate unusual/ suspicious activity transactions, alerts /cases to determine if any of those transactions are suspicious to money laundering, and present it to AML Unit Head /Head of Compliance for obtaining guidance to carry on further investigation.
  • Keep the updated detailed records regarding AML/CFT cases/alerts, STRs, properly as per the procedures.
  • Weekly follow up report on aging alerts /cases with branches/departments.
  • Reply to AML unit inquiries in case of escalating suspicious cases or in any other related cases.


Education & Experience:

  • Bachelor's degree in relevant discipline (or equivalent experience).
  • Excellent Analytical & Communication Skills.
  • Strong attention to detail and problem-solving abilities.
  • Minimum 1 year of banking experience in a similar role.
  • Experience in AML Investigations.
  • Hands-on business / branches experience will be a plus.

Post date: 13 January 2025
Publisher: LinkedIn
Post date: 13 January 2025
Publisher: LinkedIn