Job Description

The Specialist - Name Screening is critical to supporting the bank's robust

Sanctions Compliance Monitoring Program

and

AML Transaction Monitoring Program

. This role ensures adherence to bank policies and procedures to maintain compliance with regulatory guidelines regarding

Name/Batch Screening/Sanctions Screening

and other monitoring requirements. The job holder handles the

First Line of Defence (FLOD) Surveillance activities

for Name (Batch) Screening , covering the complexities of regulations and procedures across all jurisdictions.

Core Duties & Responsibilities

Customer Name Screening & Investigation

Perform

First and Second Level Investigation and clearance

of Name/Batch Screening/FSK (Onboarding screening) alerts. Record the rationale for clearance for an array of clients across UAE and International geographies. Escalate cases not cleared by investigation to the respective CIB/PB Risk & Control Alert Management support unit or related unit within the Group Compliance SLOD. Gather supportive information from a list of

internal and external databases

based on global standard processes. Conduct searches, gather data, and record evidence from internal systems, the internet, and through enquiry with the business. Conduct

enhanced due diligence investigations

in support of policies and procedures. Request RFI (Request for Information) for potential matches. Investigate documents in line with Group Sanctions Policy or department procedures. Record and retain alerts and cases in line with

record keeping requirements

of the respective jurisdictions. Build and apply knowledge of sanctions and anti-money laundering processes.

Strategic Contribution & Compliance

Support the implementation of the Bank's Group-wide Compliance strategy within the First Line of Defence. Stay abreast with the control environment, control appropriateness, effectiveness, and control testing tools and techniques available within the Bank. Support the business lines in extending their products by way of

reviewing and screening their clients' transactions

with regard to the Sanctions and overall AML/CTF risks associated. Measure the appropriateness and screening capabilities of the product platforms with the Surveillance systems of the Bank. Maintain complete knowledge of all Regulatory compliance, Sanctions and AML policies & guidelines relevant to bank international network. Understand industry-specific screening methodologies and available technological and infrastructural arrangements to drive the Surveillance program. Possess knowledge of changing and evolving regulations laid down by the bank, Executive Office, and International governing bodies. Effectively contribute from a FLOD perspective for future revisions to bank Compliance policy & guidelines.

Continuous Improvement & Reporting

Identify opportunities for

continuous improvements

to Name/Batch Screening related systems, processes and practices based on risks and control deficiencies identified. Recommend, initiate, and implement

optimisations to screening methodologies and parameters

to maximize cost efficiency and effectiveness of regulatory compliance. Work closely with the Technology, Data & Reporting Team on

KPI's and KRI's

for reporting to senior stakeholders. Ensure information for MI (Management Information) related to Customer Name Screening is delivered to the Technology, Data and Reporting team in a timely manner. Manage similar reporting for International Branches and match their reporting requirement and standards. Support the implementation of Internal Audit, Regulatory Compliance, and Group Compliance SLOD recommendations for findings pertaining to Sanctions Name Screening.
Responsible for monitoring and supporting timely implementation of Compliance systems projects applicable to domain.

Requirements

Required Qualifications & Experience

Education

Bachelor's degree or higher

in management, banking, finance, or a related field. Preferably with certification in compliance, transaction monitoring/sanctions screening, KYC/AML/CFT, financial crime, or risk management.

Experience

Minimum of 2 years of experience

in a reputed bank. Preferably

1 year in a Compliance role

. Fair knowledge and capabilities to decipher

Sanctions and AML/CTF regulations for Global regimes

.

Skills & Attributes

Excellent communication skills

, both written and spoken.

Positive and enthusiastic attitude

. *

Excellent interpersonal skills

.