Senior Specialist Sanctions Screening Alert Investigations

Job Purpose: 

To be responsible of the sanctions screening activities with emphasis on the best quality and timely delivery of services. To assist the management for the daily, weekly and monthly reports of the AML initiative monitoring, AML risk assessment.

Key Accountabilities & Detailed Tasks :

• Approve and asses the transactions investigated and its status and action to be taken to resolve.
•  To Ensure all suspicious alerts are reported.
•  Facilitate with the other business units in relation of           resolving alerts and client information.
• Ensure that all client on the onboarding phase are checked      against the sanction lists..
• Ensure the update and the management of all sanction lists maintained by the subunit ongoing basis i.e UN, OFAC and other international sanction lists.
• Conduct annual regional Risk Assessment Workshop, prepare analysis of results, and execute the AML risk responses including management and conduct of the AML monitoring and surveillance program.
• Ensure timely and accurate responses to the annual money laundering/Sanction risk assessment.
• Overall supervision of the sub unit function also ensuring that the team is providing accurate and timely deliverables and other international supervisory bodies i.e FATF, Basel, etc..
• Identify areas requiring attention or strengthening and recommend changes and improvements in line with Industry standards and applicable regulations.
• Implements approved departmental policies, processes, procedures and provides instructions to subordinates and monitors their adherence so that work is carried out in a controlled manner.
• Assist in Maintain and monitor AML tracking reports (CDD/EDD status, high risk reviews, action items etc.) and prepare monthly and ad hoc management reports.

Minimum Qualifications:

 Bachelor’s degree or equivalent education level

Minimum Experience:

3 to 5 years banking experience including 2 years compliance and AML experience.

 Job-Specific Skills: 

•      Expert in AML suspicious activity transaction monitoring systems, data mining/analytical tools, and KYC automated solution.
•      Expert in banking products and financial institutions, and of minimum with Trade Finance, Treasury, Correspondent banking, Swift, credit cards and charge cards operation, etc..
•     Team management, leadership and managerial skills.
•     Arabic and English languages is a must.