Transaction Monitoring Analyst (On-site)

at  CAPITEX

Job Title: Alert Clearing and Transaction Monitoring Analyst (On-site)
Location: Abu Dhabi, UAE
Duration: 3 Months (with possible extension)
Salary: 7,000-10,000 AED per month (all-inclusive)

REQUIREMENTS:

• 1-2 years of experience in alert clearing, transaction monitoring, or compliance screening (UAE experience preferred).
• Strong knowledge of AML regulations, sanctions screening, and PEP screening processes.
• Ability to analyze large datasets and detect unusual transaction patterns or suspicious activities.
• Strong communication and report-writing skills to present findings and escalate issues appropriately.
• Ability to work on-site, 5 days a week, for the duration of the 3-month project.
• Immediate availability with a valid visa preferred.
• Must have your own visa (visa sponsorship not provided)

ABOUT THE ROLE:

We are seeking an Alert Clearing and Transaction Monitoring Analyst to join a leading fintech company in Abu Dhabi for a 3-month project. The role focuses on clearing transaction monitoring alerts and supporting the company’s compliance screening processes. This is a great opportunity for candidates with 1-2 years of experience to gain hands-on experience in a dynamic and fast-paced fintech environment.

KEY RESPONSIBILITIES:

• Alert Clearing: Review and clear transaction monitoring alerts generated by the system, ensuring all alerts are handled within specified timelines and in line with the company’s procedures and regulatory guidelines.
• Transaction Monitoring: Analyze and investigate suspicious transactions related to Anti-Money Laundering (AML) and other financial crime risks. Ensure the appropriate escalation of suspicious activity in compliance with AML regulations.
• Compliance Screening: Conduct screening of customer and transactional data against sanctions, Politically Exposed Persons (PEP), and other watchlists.
• Escalation: Escalate high-risk or suspicious transactions for further investigation and reporting, providing clear and comprehensive documentation.
• Report Preparation: Prepare detailed reports on findings from alert reviews and monitoring, including recommendations for further action or escalation.
• Data Analysis: Utilize internal and external sources to conduct research and verify the legitimacy of transactions, ensuring compliance with AML regulations.
• Collaboration: Work closely with senior compliance officers and the wider compliance team to ensure accurate and efficient resolution of alerts and monitoring cases.