Senior Analyst – Transaction Monitoring

Company Description

Transaction Monitoring Framework & Governance

• Own and maintain the Transaction Monitoring Program aligned to bank risk appetite.
• Ensure TM coverage across retail, corporate, trade finance, and digital channels and all products.
• Periodically review TM policies, procedures, and typology libraries.

Scenario Design, Tuning & Optimization

• Design and enhance rules-based and risk-based scenarios (velocity, structuring, round-tripping, unusual patterns) and thorough typology assessments.
• Lead threshold calibration and alert tuning to reduce false positives without weakening controls.
• Perform periodic scenario effectiveness testing and document outcomes.

Alert Management & Investigations Oversight

• Oversee daily TM alerts and ensure risk-based prioritization.
• Review complex or high-risk cases (PEPs, sanctions nexus, high-risk geographies).
• Ensure investigations are well-documented, consistent, and defensible.

Str And Sar Decisioning & Regulatory Reporting

• Act as facilitator in decision-maker or reviewer for STR/SAR filings to the UAE goAML platform.
• Ensure reports are timely, accurate, and sufficiently detailed.
• Maintain confidentiality and prevent tipping-off

Technology & Systems Management

• Act as Compliance SME for:
• TM systems implementation or upgrades
• Model changes, data mapping, and system validations
• Partner with IT, vendors, and operations to resolve data quality or rule-logic issues.

Regulatory Engagement & Audit Readiness

• Lead TM responses for:
• CBUAE inspections

Skilled Persons Reviews (Spr)

• Track and remediate TM-related findings with clear ownership and timelines.

Risk Assessment & Management Information (Mi)

• Input TM insights into the Enterprise-Wide Risk Assessment (EWRA).
• Produce senior management MI:
• Alert volumes & trends
• STR conversion ratios
• High-risk customer activity
• Scenario effectiveness metrics

Training & Awareness

• Train TM analysts on typologies, red flags, and investigation quality.
• Conduct QA reviews and coaching to improve consistency and judgment.
• Maintain adequate staffing and productivity benchmarks.

Education

Experience

Certifications

Technical Skills

• FCC / Transaction monitoring
• Knowledge of UAE Laws and Regulations
• Experience in working with multiple products / channels
• MS office (Excel, Power Point)
• East Nets (AML offline / SWS or similar)