Business Analyst-KYC

Work location : Dubai

JD:

• Review and monitor accounts for AML activities in line with the KYC/AML policy and Compliance SOP of the bank
• Review/clearance of AML transaction related alerts & raise IMLR as appropriate.
• Monitor SAS AML System and conduct appropriate reviews to facilitate closure of alerts or further investigation/reporting. Highlight any AML concerns or suspicions to Compliance
• Conduct AML enquiries/ investigations upon directives received as per banks documented procedures.
• Maintain units statistical data / MIS on regular basis
• Coordinate AML E-learning data from business ensuring all staff complete and submit their confirmations as per policy.
• Ensure All records of the unit are kept in a confidential and secure state & adherence to record retention policy and the SOP guidelines
• Coordinate with various channels to ensure the responses on AML queries raised are satisfactorily responded to.

Qualification & Experience:

• 7-8 years of banking experience with 3 years relevant experience in KYC.
• The candidate must have had prior experience of handling AML related transactions.
• Complete understanding of various sanction programs e.g., OFAC, UN, EU etc
• Should have excellent communication and analytical skills.
• Good understanding of main systems and their interaction/use (SAS, Side Viewer, Flexcube, Select etc)