Job Title: Transaction Monitoring Analyst – Backlog Project (Contract)
Location: Dubai, United Arab Emirates
Engagement Type: Contract / Temporary
Duration: 3–6 months (with possible extension)
Start Date: Immediate or ASAP
Rate: Competitive (based on experience)
About the Role
We are seeking experienced Transaction Monitoring Analysts to join a fast-paced financial crime project for a leading financial institution in Dubai. This is a contract-based role focused on clearing a significant backlog of transaction monitoring alerts in line with internal policies and local regulatory expectations.
The ideal candidate will bring hands-on experience in transaction monitoring, a good understanding of AML typologies, and a high level of accuracy and efficiency under time-sensitive conditions.
Key Responsibilities
- Review and investigate large volumes of transaction monitoring alerts related to potential suspicious activity.
- Identify unusual patterns, behaviors, or red flags using pre-set rules and AML typologies.
- Conduct initial investigations, document rationale, and close false positives or escalate genuine suspicious cases.
- Draft clear and concise alert narratives and escalation summaries as per policy.
- Work within tight SLAs and productivity targets to support backlog clearance objectives.
- Collaborate with team leads, quality assurance teams, and compliance where necessary.
- Ensure full auditability of all work completed and maintain compliance with internal procedures and regulatory standards.
Key Requirements
- 1–3 years’ experience in AML transaction monitoring roles, preferably within a financial institution or consultancy.
- Working knowledge of UAE regulatory expectations and international AML frameworks (e.g., FATF, Wolfsberg).
- Familiarity with transaction monitoring systems (e.g., Actimize, SAS AML, FICO, or similar platforms).
- Strong analytical skills and attention to detail in identifying suspicious patterns or potential financial crime.
- Proven ability to manage high alert volumes and meet daily review targets.
- Clear written communication skills, particularly in drafting alert closures and escalation justifications.
- Self-motivated and able to work effectively in a fast-paced, target-driven project environment.
Preferred Qualifications
- Bachelor’s degree in Finance, Business, Law, or a related field.
- AML certifications such as CAMS, ICA, or equivalent are desirable.
- Arabic language proficiency is a plus, but not required.
What’s on Offer
- Opportunity to contribute to a high-impact financial crime project.
- Work with a leading bank or consultancy operating in the UAE.
- Competitive contract day rate.
- Exposure to regional AML regulatory practices and large-scale alert environments.