Specialist- AML Transaction Monitoring

First Abu Dhabi Bank

TASKS :

• Support the VP AML Transaction Monitoring as follows:
• Assist in the implementation and monitoring of the framework and plan for AML to properly address the Compliance needs and requirements in line with laws, rules and regulations that best meets the needs of Group FAB TM Policy and Procedures.
• Monitor the pending EDD and internal Suspicious Transactions Reports (STRs) with different teams of AML Operations and KYC.
• As a First line of defence, assist other business stakeholders to identify and analyse business risks.
• Manage customer that are placed under restrictions due to non response to banking queries.
• Assist the VP AML Transaction Monitoring in maintain timely and accurate Compliance data on wrt to iSTR filed, transactions under process and review at different levels in the unit.
• Keep abreast of related rules, regulations and best practices pertaining to AML, assess its impact on FAB and update the AVP AML Transaction Monitoring accordingly.
• Work with VP to maintain policies and procedures.
• Attend to and action requests from Correspondent Banks, Central Bank, Police, Regulators and Government Departments whenever required.
• Execute other duties as directed by the AVP AML Transaction Monitoring

AUTHORITIES

• The Bank s Group AML Monitoring Compliance function
• The Bank s compliance with standards and regulations
• Other authorities as directed by the MLRO of Group Compliance and HoFCC