Anti-Money Laundering Investigation Officer ( Mandarin Speaking )

To be responsible for AML compliance and manage AML compliance risks across the Bank by ensuring adherence to internal and external laid down guidelines.

Accountabilities:

• Perform all AML functions across the bank, including detection/reporting of suspicious transactions and activities, monitor units to ensure compliance to AML guidelines.

• Advise Business units on AML / KYC requirements and perform AML risk assessment when required.

• Respond to notices/requests from Police, Central Bank and other statutory authorities, BNYM/ correspondent banks.

• Ensure all functions are in compliance with Anti Money Laundering regulations plus any relevant regulatory and statutory requirements.

• Identify and initiate improvements to work, customer service, quality, work processes and organisational matters in order to contribute to business efficiency goals.

• Undertake a wide range of data gathering, evidence and analysis, identifying any AML related risks, deviations or deficiencies in the KYC or customer information/ suspicious transactions and report to Senior Management/ Manager Compliance/ HOIC to carry further investigation and necessary action.

• Develop and maintain new and existing relationships with other Operational / Business units to support the achievement of business objectives.

• Provide advice, guidance and support to new or less experienced team members to speed induction or generally raise team effectiveness.

• Maintain awareness of the department's Business Continuity Plan and undertake appropriate training to ensure correct action is taken in the event of an incident or disruption.

• Perform any other duties or tasks as required or instructed by the line manager to support the smooth operation of the department.

Education:

Higher Diploma (UAE National)/ University Degree or Equivalent (Expat)

CAMS certified preferred

Experience:

Minimum of 3 years of experience in the Banking sector.

Specialist Skills required for the Job:

• Written Communication: Produces clear and concise reports and other written material usually of a detailed and technical nature, which are understandable to those with or without a good knowledge of the subject matter.

• Analytical: Uses a wide range of analytical tools and techniques to identify issues/trends to provide recommendations and solutions.

• Procedure and Policy: A good knowledge of the relevant policies, practices, processes and procedures in own areas of responsibility. Where appropriate will have a good knowledge of the key relevant legal, regulatory and statutory requirements, technical interpretation and the ability to provide advice thereon.