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.