Analyze the alerts generated from the relevant screening system (NORKOM) based on the review of the customer’s profile, activity and overall account behavior in liaison with the respective RM / branch of account.
Taking into consideration the local AML Law and the regulations/guidance issued by EMLCU upon the analysis and review of the suspicious transactions/activities.
As applicable, prepare comprehensive suspicious transactions reports (STR’s) for suspicious cases, where applicable, for further review by the CAE AML Officer.
Obtain documentary proof of suspicious transactions and ensure effective record keeping of cases reported to EMLCU.
Ensuring compliance with local, UN, OFAC and EU sanctions regulations as applicable.
Reviewing sanctions-related alerts (FMF and FFF ) and report instantly to the direct manager, Deputy Head of CFS and Head of CFS any positive hit.
Ensuring full abidance with the CAE relevant policies and procedures (e.g. Due Diligence, Sanctions, Filtering, KYC, FCY/FX regulations, etc.)
Co-ordinates with other LOBs to cover their queries/requirements related to compliance role .
Provide the CFS opinions related to relevant regulations and policies to all LOBs as needed and where applicable to the assigned duties.
Review and comment on CAE policies and procedures as applicable to CFS function with particular focus on the AML, Sanctions regulations.
Regular review, subject to agreed plan with direct manager, on correspondent banking activity (account behaviors, trends in their accounts with CAE, etc.) from AML, CTF and local/international sanctions perspectives.
Assist with the rest of team in any other task as assigned by the CFS management or direct manager (for example, AML training).
Prepare weekly reports to the direct manager for progress with regards to the alerts generated or reported by branches or other CFS team upon their daily work.
Possibility to be fully dedicated to any of the CFS sectors (e.g. Regulatory / Sanctions / AML / Controls) or particular projects/tasks as needed.
Carries responsibilities, as assigned/needed, in the OFAC Remediation Plan.
At least 5 years of banking experience.
Experience in managing regular/independent controls is an asset.
Excellent knowledge of the core banking system
Excellent interpersonal skills, with the confidence to approach people at all levels of seniority.
Excellent report writing and presentation skills.
Excellent analytical skills.
An enquiring analytical mindset.
Assertive and persuasive.
Time management skills & ability to work under pressure to meet target dates.
Flexibility in accepting and coping with organizational structure and responsibilities changes as occur.
Ability to adjust quickly to shifting priorities and make quick decisions with limited information.
Self-motivated and have a strong attention to detail
Knowledge of the legal and regulatory framework and the regulatory environment.
