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Assistant Manager AML

Company Name: Emirates Islamic
Employment Type:Full Time
Location: Dubai
Experience: 2-5 years
Degree: Bachelor
Nationality: Any
No. Of Vacancies:1
Job Description:
Department Description:
Provide adequate support in delivering on the key initiatives within the Group Compliance Systems Roadmap and effectively coordinate with the Group to leverage digitalisation to reduce the time taken on time consuming investigative processes that fall within the remit of Financial Crime Risk Compliance

1 Continue to provide adequate support in delivering on the key initiatives as per Compliance Systems Roadmap for EI that fall under Financial Crime Risk Compliance remit
2 In line with the Group Detection ScenariosDS Library ensure rolloutimplementation of any new enhancements as warranted
3Work closely with Group to ensure the implementation of PEP Screening using FircoSoft at EIsubject to Group IT prioritization

Brief Description:
Developing Compliance resources improving their Compliance skills improving teams and teamwork and building better awareness of mandatory Compliance requirements across the bank
1 Improved Souwti participation rates and scores
2 Ensure to provide adequate support in clearing the Customer screening backlog at Level 1 as warranted
3 Provide necessary support to other team members as appropriate and work as backup in absence of other team members

Detailed Description:
Deliver on obligations and expectations of the Compliance function and to encourage the right culture throughout the rest of the Group
1 Timely completion of trainings as and when assigned

2 Self Development by attending trainings outreach sessions subject to budget constraints
3 Improved CSAT scores
4 Improved INA Control Pulse and Audit ratings
5 Identifying highlighting and taking appropriate action on good and bad behavior on Compliance matters

Job Requirements:
kindly find the below details and I have added the remaining point to Additional details due to the space limit
Expanding the coverage and improving the quality governance and effectiveness of relevant Compliance Policy Formation of Compliance Intelligence UnitCIU unit within EI Compliance and until then coordinating with and leveraging on the Group Compliance Intelligence UnitCIU projects to ensure significant threats are identifiedrectified and processes put in place to mitigate existing and future threats at EI
1 Coordinating with and leveraging on the Group Compliance Intelligence UnitCIU function to improve EIs ongoing ability to investigate analyse and respond to emerging risks and financial crime typologies
2 Continually liaise with key stakeholders in the Business to enhance the existing processes controls workflows TAT and customer service
3 Proactive and regular engagement with the CBUAE This includes investigation and corrective action to address all of the issues highlighted by the CBUAE
4 Support the businesses to ensure that all CBUAE queries are responded to in a timely and effective manner
5 Investigating of TM cases escalated from L1 and ensuring that these cases are closed on timely manner
6 Ensure end to end process of alerts cases STR preparation completed within the TAT and reported to AMLSCU in a timely manner
7 Update different business on their outstanding issues on weekly basispending exits AML case etc
8 Ensure that SARs identified are reported through CB online system within agreed TAT as per process
9 Ensure that the Enhanced Due diligence reports received as a part of Central Bank feedback and are reverted to Central Bank in a timely manner
Additional Details:
10 Review of Level2 alerts through Customer Screening System CSS as and when referred escalated
11 Handling and resolving the day to day Compliance AMLCDD related issues in the light of the bank Compliance policy and the UAE Central bank regulations
12 Maintaining proper MIS for each activity and keep updating the records as per the latest status
13 Completion of tasks assigned within the agreed timelines without any escalations
14 Provide assistance as and when required by the line manager to satisfactorily close the audit findings internal external pertaining to AML area and ensure that all the requests are met within the prescribed deadlines to improve the relevant rating as appropriate
15 work closely with QA team and ensur nil QA findings
16 Work closely with group compliance in timely closing all adhoc reviews sent to AML team
 Candidate with relevant work experience