AML Monitoring Manager

Job description / Role

Anti Money Laundering Monitoring Manager

Our client is a leading regional bank.

Due to expansion, they are currently hiring an AML Monitoring Manager to join their Compliance team in the UAE.

As an AML Manager for this leading bank, your main responsibilities will be:

To oversee the assignment of alerts and supervise the review, referral and/or escalation of suspicious cases to the AML investigations unit to support the end-to-end management of the AML process for the bank Group.

* Oversee the monitoring and application of 'Know Your Customer' (KYC) and Enhanced Due Diligence (EDD) measures in order to ensure these are consistently applied and comply with the bank's AML/CFT and KYC Policy
* AML Monitoring: Allocate alerts amongst the team and oversee the quality of completion and review of assigned alerts to ensure alerts are disposed with good justification and relevant cases are referred to the AML investigation unit for further analysis
* Review the AML suspicious activity where required from the team and refer suspicious cases to the AML investigations unit in order for further analysis to be completed
* Review referrals by other internal/external parties (such as Branch Network, Central Bank and Police) and escalate to the AML investigations unit where appropriate to enable further analysis to be completed
* MI and Reporting Prepare and review daily alerts and productivity reports, review and take action where necessary and share with line manager/Department Head to ensure required service standards and turnaround times are met
* Review and produce periodic reports and other Master Information Systems maintained by the department, as required, to support the MLRO and Deputy MLRO
* System Management Provide inputs to the AML system parameters to improve accuracy in the generation of alerts
* Procedure Management Review policies, processes and procedures and provide recommendations for changes to accommodate any regulatory changes relating to Anti Money-Laundering aligned with international best practices/standards
* Implement approved departmental policies, processes and procedures, and ensure employee adherence so that work is carried out to the required standard while delivering the required standards of service to customers and stakeholders

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Requirements

Candidate requirements:

* At least 6 years experience in Anti Money Laundering within a leading Bank, specifically knowledge of AML Monitoring is essential
* Experience from a Compliance team within a multinational bank is preferred
* A Bachelors degree in a relevant subject

About the Company

Established in 1987, McGregor Boyall is a global recruitment consultancy providing permanent and contract / interim professionals across a wide variety of disciplines including Technology, Risk, Finance, Compliance, Legal, Marketing and HR & Talent Management. Since our inception, we have built an unrivalled reputation for helping organisations recruit the very best talent to ensure that they realise their business and operational objectives.

Headquartered in the city of London, and with further offices throughout the UK (Manchester, Birmingham, Edinburgh and Glasgow) as well as globally in Dubai and Singapore, we are able to offer recruitment solutions throughout the UK & Europe, Middle East and Asia Pacific regions.