Financial Crime Compliance — Process Mapping, Business Analyst
Financial Crime Compliance — Process Mapping, Business Analyst
Location: UAE Experience: 5–10 years in FCC, process improvement, and process mapping
Key Responsibilities
1. Process Mapping Requirements
- Map financial crime risk processes end-to-end across various segments, units, and teams.
- Process maps must include activities, decision points, handoffs, and dependencies.
- Processes should be documented using a standard methodology.
- Identify and map MI / KPI / KRIs related to the processes and the governance forums to which they are reported, including oversight responsibilities.
2. Stakeholder Engagement
- Engage process owners, risk owners, compliance teams, governance, and operations to validate process flows.
- Facilitate workshops and walkthroughs to ensure accurate representation of current-state processes.
3. System and Data Identification
- Identify all systems, tools, and data sources used within each process.
- Document manual vs. system-driven steps and data handoffs.
4. Risk and Control Visibility
- Capture key risk points, controls, approvals, and escalation paths within each process.
- Ensure alignment with financial crime regulatory requirements.
5. AI & Automation Readiness
- Highlight manual, repetitive, and decision-heavy steps suitable for AI or automation.
- Identify process steps that rely on rules, thresholds, or judgement which could benefit from AI models.
6. Consistency & Standardisation
- Identify process variations across business units.
- Recommend opportunities for process standardisation and consolidation, where feasible.
7. Documentation & Deliverables
- Provide validated, Process Owner sign-off process maps, process narratives, and RACI views.
- Deliver outputs in a reusable, audit-ready format suitable for future AI and transformation initiatives.
- Report progress and outcomes to key sponsors including Compliance and respective Process Owners.
8. Knowledge Transfer
- Ensure proper handover and walkthroughs so internal teams can maintain and evolve the process maps.