COMPLIANCE OFFICER (AML – L2 INVESTIGATIONS) @ AJITH MUNDACKAL
We are seeking a highly skilled and experienced Compliance Officer specializing in AML L2 Investigations to join a banking sector team in Umm Al Quwain, UAE. The successful candidate will be responsible for performing in-depth Level 2 investigations on AML alerts and suspicious activities, ensuring that all findings are meticulously documented and reported. This role involves handling STR/SAR coding and reporting in strict accordance with UAE regulatory requirements, as well as contributing to the development and optimization of detection scenarios through typology assessment and threshold tuning.
Beyond core investigations, the Compliance Officer will play a pivotal role in AML system implementation and enhancements, supporting robust transaction monitoring and financial crime detection frameworks. The position also entails providing expert Compliance Advisory, particularly in the realm of Trade-Based AML (TBAML), and supporting audit remediation efforts for both internal and external audits. Candidates must demonstrate strong Quality Assurance (QA) capabilities across all AML processes to maintain high standards of compliance and mitigate institutional risk within the UAE banking sector.
Beyond core investigations, the Compliance Officer will play a pivotal role in AML system implementation and enhancements, supporting robust transaction monitoring and financial crime detection frameworks. The position also entails providing expert Compliance Advisory, particularly in the realm of Trade-Based AML (TBAML), and supporting audit remediation efforts for both internal and external audits. Candidates must demonstrate strong Quality Assurance (QA) capabilities across all AML processes to maintain high standards of compliance and mitigate institutional risk within the UAE banking sector.
Key Requirements
Minimum 5+ years of professional experience specifically within UAE banks.
Strong knowledge of AML regulations, SAR/STR processes, and monitoring systems.
Proven hands-on experience in financial crime detection and compliance frameworks.
Expertise in performing L2 investigations on AML alerts and suspicious activities.
Experience in AML system implementation and technical enhancements.
Ability to develop and optimize detection scenarios, including typology assessment.
Deep understanding of threshold tuning for transaction monitoring systems.
Knowledge of Trade-Based AML (TBAML) to provide specialized compliance advisory.
Capability to support internal and external audit remediation processes.
Commitment to ensuring strong Quality Assurance (QA) across all AML processes.