Location: Sharjah, United Arab Emirates
Contract Type: 12-Month Fixed-Term Contract
Department: Financial Crime Compliance
Reports To: AML Manager / Head of Compliance
Position Summary
The AML Compliance Analyst will support the bank’s Financial Crime Compliance framework by conducting KYC reviews, transaction monitoring, and suspicious activity investigations in line with UAE Central Bank regulations, FATF guidelines, and internal compliance standards. The role is critical to ensuring that the bank maintains a robust AML/CTF control environment and meets all regulatory obligations.
Key Responsibilities
- Conduct customer due diligence (CDD) and enhanced due diligence (EDD) for new and existing clients to ensure full KYC compliance.
- Perform daily and periodic transaction monitoring, identifying and investigating unusual or suspicious activities.
- Review AML alerts, document findings, and escalate cases requiring further investigation or reporting.
- Prepare, document, and support the submission of Suspicious Activity Reports (SARs) to the UAE Central Bank.
- Maintain detailed investigation records in accordance with internal procedures and regulatory requirements.
- Conduct periodic reviews of customer accounts and risk ratings to ensure ongoing compliance.
- Assist in internal audits, regulatory reviews, and inspections, providing accurate and timely responses.
- Collaborate with business units to strengthen AML controls and promote compliance awareness across the organization.
- Stay informed on evolving AML laws, typologies, and industry best practices, ensuring ongoing alignment with regulatory expectations.
Qualifications & Experience
- Bachelor’s degree in Finance, Law, Business, or a related field.
- 2–4 years of experience in AML, KYC, or Financial Crime Compliance within a bank or regulated financial institution.
- Solid understanding of UAE Central Bank AML regulations and international standards (FATF, OFAC, EU directives).
- Familiarity with AML/CTF monitoring systems (e.g., Actimize, SAS, Mantas, or equivalent).
- Professional certification such as CAMS, ICA, or equivalent preferred.
- Strong analytical, investigative, and report-writing skills.
- Excellent attention to detail, time management, and stakeholder communication abilities.
- Fluency in English required; Arabic proficiency an advantage.
Key Competencies
- Integrity and discretion in handling sensitive information.
- Sound judgment and critical thinking.
- Strong teamwork and cross-functional collaboration.
- Proactive and results-oriented approach.
- Commitment to regulatory excellence and ethical standards.
Contract Details
- Duration: 12 months (renewable based on performance and business needs)
- Work Location: Sharjah, UAE
- Employment Type: Full-time, onsite
- Remuneration: Competitive, commensurate with experience