Transaction Monitoring Specialist

Job DescriptionTransaction Monitoring Specialist – Compliance / AMLOrganization: Invest BankLocation: UAEDepartment: Compliance / Financial Crime ComplianceReporting To: Manager – AML / Financial Crime ComplianceRole PurposeThe Transaction Monitoring Specialist is responsible for reviewing and investigating alerts generated through the bank’s Transaction Monitoring System to identify unusual or suspicious activities that may indicate money laundering, terrorist financing, or other financial crimes.The role ensures adherence to UAE Central Bank regulations, internal compliance policies, and global AML best practices while maintaining the integrity of the bank’s financial systems.Key ResponsibilitiesTransaction Monitoring & Alert InvestigationReview alerts generated by the Transaction Monitoring System to identify suspicious or unusual customer transactions.Conduct detailed investigations of flagged transactions by analyzing customer profiles, transaction history, and behavioral patterns.Escalate potential suspicious activities to the AML investigation team and prepare Suspicious Activity Reports (SARs) where required.Ensure alerts are investigated within defined SLA timelines.Compliance & Regulatory AdherenceEnsure compliance with UAE Central Bank AML/CFT regulations and internal policies.Support compliance with regulatory requirements related to Financial Crime Compliance (FCC).Assist during regulatory audits and compliance reviews.Customer Risk AssessmentConduct enhanced transaction reviews for high‑risk customers and PEP accounts.Identify red flags related to:StructuringUnusual transaction volumesCross-border activitiesRapid movement of fundsMaintain proper documentation and audit trail for investigations.Reporting & DocumentationMaintain investigation records in line with regulatory and internal audit requirements.Prepare investigation reports and case summaries.Assist in generating MIS reports related to transaction monitoring activities.CollaborationWork closely with:ComplianceRiskOperationsRetail & Corporate Banking teamsSupport continuous improvement of transaction monitoring rules and scenarios.Mandatory RequirementsMinimum 6 years of experience in AML / Financial Crime Compliance / Transaction Monitoring.At least 2–3 years of experience with a local UAE bank.Strong knowledge of UAE Central Bank AML/CFT regulations.Hands‑on experience with transaction monitoring systems and alert investigation tools.Strong analytical and investigative skills.#J-18808-Ljbffr