Transaction Monitoring Analytics Consultant

Overview

Overview

• We are seeking an experienced **Transaction Monitoring Analytics Consultant** to support a leading bank in Dubai on a high-impact financial crime compliance initiative.
• This role focuses on enhancing, building, and optimizing transaction monitoring systems to improve detection capabilities, reduce false positives, and ensure regulatory alignment.
• You’ll be stepping into the engine room of financial crime prevention—tuning the signals, refining the filters, and making sure nothing suspicious slips through the cracks.
• **Key Responsibilities*** Design, enhance, and optimize **transaction monitoring scenarios and rules** across AML systems
• Perform **threshold tuning and calibration** to balance detection efficiency and false positive rates
• Conduct **model validation and performance assessments** for transaction monitoring frameworks
• Analyse large datasets to identify trends, typologies, and gaps in existing monitoring controls
• Support the development and implementation of **new detection scenarios** based on emerging risks and regulatory expectations
• Collaborate with compliance, technology, and data teams to ensure effective system integration and deployment
• Document methodologies, assumptions, and validation results in line with regulatory standards
• Provide insights and recommendations to improve **overall financial crime risk management frameworks**
• **Key Requirements*** Proven experience in **transaction monitoring, AML analytics, or financial crime consulting**
• Strong hands-on expertise with **transaction monitoring systems** (e.g., Actimize, Fircosoft, SAS AML, or similar)
• Experience in **model validation, scenario design, and threshold optimisation**
• Proficiency in **data analysis tools** (SQL, Python, SAS, or similar)
• Solid understanding of **AML regulations and typologies** (preferably within banking environments)
• Ability to translate complex analytical findings into actionable business recommendations
• Strong stakeholder management and communication skills
• **Preferred Qualifications*** Experience working with **Middle East banking clients or regulators**
• Familiarity with **risk-based approaches and regulatory expectations in the UAE**
• Background in consulting or project-based environments
• **What You’ll Deliver*** More effective and efficient transaction monitoring rules
• Reduced false positives without compromising risk coverage
• Clear, defensible model validation and documentation
• Tangible improvements in financial crime detection capability
• **Contract Details*** Competitive day rate (dependent on experience)
• Initial contract with potential extension
• On-site / hybrid working model in Dubai