3003-Senior Manager AML Investigation & Reporting

Responsible in reporting suspicious activities, and transactions reporting to identify customers, which pose a risk for ML/TF. It is further required to ensure efficient identification and due diligence of the clients/accounts, and ensure on time reporting of suspicious transactions and activities to the General Administration of Financial Intelligence (GAFI).

Accountabilities:

• Manage the Suspicious Transaction Reporting and Investigation Manuals and Procedures.
• Manage the research/report on matters related to possible violations as and provides relevant information/data.
• Manage the daily reporting of the exceptional /unusual transactions for further due diligence and keep informed regarding any major development.
• Review and analyses the false-positive alerts generated by the FC – AML & CTF systems.
• Manage any potential suspicious transaction to determine the nature of the transactions and if a Suspicious Transaction Report STR is required and draft.
• Request further information from the branches or the business lines on any suspicious activities/transactions and take appropriate actions as per the procedures.
• Communicate/follow-up with the branch(s) and concerned departments to retrieve the source documents to analyze and establish the facts.
• Prepares the Suspicious Transaction Reports (STR) and the technical reports after gathering all relevant documentation and take appropriate actions as per the procedures.
• Prepare reports and presentations on matters related to investigation and reporting of any violations of FC - AML & CTF procedures and regulatory requirements.
• Manage the receiving UARs reports from the different channels bank wide.
• Providing Awareness and training for AML investigations team time to time to ensure sharing the updated ML typologies
• Attendance the required meetings with GAFI to ensure applying the correct process of the E-SAR
• Update the AML Investigation and Reporting unit procedures
• Coordinates with IT and other stakeholder to develop and fix the related AML monitoring system issues if needed

• Bachelor’s Degree graduate or substantial experience within Compliance/FCC / Fraud Management/Risk/AML/Audit controlling sections in the banking sector.
• 5-8 years of working experience in the banking sector.
• 3-5 years within Compliance/FCC / Fraud Management/Risk/AML/Audit or in a control function of the bank...
• Excellent understanding of the Retail, Private, Corporate and Investment banking products/services.
• Excellent analytical and investigative skills.
• Seasoned experience of writing policies and departmental documents in compliance with regulations.
• Excellent analytical skills to interpret the regulations/banking laws of the Kingdom.
• Good understanding of all the compliance fields FCC– AML & CTF, KYC, Fraud Management etc.)
• Sound experience of meeting tight deadlines and working under pressure.
• Excellent computer/email skills (Microsoft word etc.)
• Sound experience of leading teams.
• Good project management skills.