The Senior Analyst – Transaction Monitoring is responsible for executing and overseeing ongoing monitoring activities to identify, investigate, and escalate suspicious transactions in line with UAE regulatory requirements, including Central Bank of the UAE (CBUAE) AML/CFT regulations and internal policies. The role involves conducting detailed analysis of alerts generated from transaction monitoring systems, assessing customer behavior and risk profiles, preparing high-quality investigation narratives, and recommending STR/SAR filings where required. The Senior Analyst also supports tuning and optimization of monitoring scenarios, typology assessments, ensures timely closure of alerts within SLA, maintains robust documentation, and collaborates closely with Compliance, AML, Operations, and Technology teams to strengthen the bank’s financial crime risk management framework.

Transaction Monitoring Framework & Governance:

Own and maintain the Transaction Monitoring Program aligned to bank risk appetite. Ensure TM coverage across retail, corporate, trade finance, and digital channels and all products. Periodically review TM policies, procedures, and typology libraries.

Scenario Design, Tuning & Optimization:

Design and enhance rules-based and risk-based scenarios (velocity, structuring, round-tripping, unusual patterns) and thorough typology assessments. Lead threshold calibration and alert tuning to reduce false positives without weakening controls. Perform periodic scenario effectiveness testing and document outcomes.

Alert Management & Investigations Oversight:

Oversee daily TM alerts and ensure risk-based prioritization.

Review complex or high-risk cases (PEPs, sanctions nexus, high-risk geographies).

Ensure investigations are well-documented, consistent, and defensible.

STR / SAR Decisioning & Regulatory Reporting:

Act as facilitator in decision-maker or reviewer for STR/SAR filings to the UAE goAML platform.

Ensure reports are timely, accurate, and sufficiently detailed.

Maintain confidentiality and prevent tipping-off.

Technology & Systems Management:

Act as Compliance SME for: ·     TM systems implementation or upgrades ·     Model changes, data mapping, and system validations

Partner with IT, vendors, and operations to resolve data quality or rule-logic issues.

Regulatory Engagement & Audit Readiness:

Lead TM responses for: ·     CBUAE inspections ·     Internal Audit ·     External Audit ·     Skilled Persons Reviews (SPR)

Track and remediate TM-related findings with clear ownership and timelines.

Risk Assessment & Management Information (MI):

Input TM insights into the Enterprise-Wide Risk Assessment (EWRA). Produce senior management MI: ·     Alert volumes & trends ·     STR conversion ratios ·     High-risk customer activity ·     Scenario effectiveness metrics

Training & Awareness:

Train TM analysts on typologies, red flags, and investigation quality.
Conduct QA reviews and coaching to improve consistency and judgment.

Maintain adequate staffing and productivity benchmarks.

 RESPONSIBILITIES:

Market and Sales:

• Market and sell Ahli Bank Retail Banking products through direct approaches to prospective customers at their home, office, or preferred venue.
• Ensure the team consistently advertises, promotes, and secures business across the Sultanate of Oman in a highly customer-centric manner.
• Look after payroll accounts to increase CASA (Current Account Savings Account) in retail banking.
• Conduct daily visits to government and private sector entities to build and maintain relationships.
• Organize weekly activities, such as open days or roadshows, at companies and government entities to source new business.
• Create sales leads from visits made to the sales team and branches.
• Jointly meet with the corporate team to generate retail business from corporate clients.
• Collaborate with branch managers to open new business opportunities for branches.
• Support DSAs (Direct Sales Agents) in closing deals and generating business.
• Implement new companies into the Retail Approved Lending List.
• Ensure sales targets for all products are met.

Branch and Team Support:

• Gather relevant information, create a proper database, and carry out tasks assigned by the Head of Business Development.
• Conduct weekly branch visits and meetings for business reviews.
• Follow up and support team members as required, ensuring their inquiries are addressed and met.
• Ensure all team members follow the DSU (Direct Sales Unit) procedure and meet the team’s targets.
• Jointly meet with branch managers to facilitate business for branches.

Risk Management:

• Monitor individual and business accounts (deposits or loans) for money laundering or fraud.
• Report any suspicious transactions, credit risks, market risks, and operational risks to the appropriate authorities.
• Adhere strictly to the bank s Anti-Money Laundering (AML) policies.

Credit Management:

• Review credit applications and recommend finance approvals per the bank s policy and guidelines, within designated authority.
• Maintain vigilance against potential fraud and adhere to credit management practices.

People Management:

• Manage the performance, motivation, and development of individuals within the team.
• Act as a mentor to junior team members, guiding them in their professional growth.
• Set job objectives and perform timely reviews to measure performance, identify staff development needs, and provide necessary training.
• Directly manage branch staff involved in operating services and sales, ensuring high performance and adherence to bank policies.

Our UAE entity provides Asset Management and Payment Advisory Services. As part of the Interpolitan Money Group, we serve clients from across the United Kingdom, Canada and India, as well as Dubai (Licenced in DIFC).

As we invest into our growth, we are looking for a talented Head of Compliance, who will also act as the Money Laundering Reporting Officer to help drive our existing business in the DIFC and further regulatory expansion further into the United Arab Emirates.

This role encompasses the Authorised Individual Functions of the Compliance Officer and the Money Laundering Reporting Officer.

What You ll Be Doing

• Controlling and managing the compliance function of Interpolitan Money (DIFC) Ltd.
• Responsible for 2nd Line financial crime matters including onboarding, transaction monitoring, screening and client reviews.
• Producing and submitting reports to the appropriate regulatory authorities in a timely and accurate manner.
• Maintaining and evolving policies and procedures for the DIFC business as well as reviewing and providing input for Group wide policies and procedures.
• Engaging with colleagues, both from within the wider Group Compliance function and the wider business, as a subject matter expert, to train and upskill.
• Working with banking and payment partners to ensure that both day-to-day queries are met as well as annual reporting.
• To act as the local Data Protection Officer, overseeing the DIFC entities approach to data protection as part of the Group s global approach to data security.
• To provide management information to the Chief Risk Officer and Board of Directors to attest to the performance of the DIFC compliance function.
• To continue and oversee the application with the Central Bank of the UAE and creation of a dedicated UAE mainland payments business.

 

• Prior experience as a senior member of a Compliance Department is vital. This is a hands on, active role. You will be expected to both do and lead to ensure to success.
• Experience of either working within an asset management, fund, payments or banking business based in the UAE with respect to anti-money laundering, regulatory compliance and data protection.
• Deep knowledge of both the CBUAE and DIFC rulebooks are a must to manage both existing regulatory requirements and reporting as well as understand future requirements as they develop.
• ACAMS or ICA certification or similar.
• A confident decision maker who can articulate and communicate their rationale to feedback to the wider business.
• The ability to be able to work within a multi-jurisdiction Group, with a wider Group Compliance function, that shares resources and processes where appropriate.
• The ability to work independently and prioritise.
• To be able to horizon scan and communicate evolving or new regulatory requirements in good time.

Responsibilities

• Responsible for the day-to-day operations for compliance with its AML/TFS policies, procedures, systems and controls.
• Recognize and identify risk control points to compliance processes, including AML-TFS risk ratings, KYC onboarding, ongoing screening and maintenance of investor business relationships, and investment monitoring.
• Keeping abreast of regulatory changes, new regulations, and internal policy changes to further identify new key risk areas.

1. Conduct AML/CFT compliance reviews of DNFBPs and financial institutions in accordance with UAE AML framework.
2. Conduct independent AML audits, identifying control gaps and preparing detailed audit reports and action plans.
3. Draft and update AML/CFT policies, procedures, and risk assessment methodologies tailored to client activities and regulatory expectations.
4. Design, conduct, and document Enterprise-Wide Risk Assessments (EWRA) covering clients’ inherent risk factors, control effectiveness, and residual risk scoring.
5. Support the creation and maintenance of Business Risk Assessments (BRA) and customer risk rating methodologies for varied DNFBPs and financial institutions.
6. Assist clients in regulatory inspections and inquiries, including readiness assessments, documentation support, and post-inspection remediation.
7. Evaluate clients’ CDD/EDD processes, PEP and sanctions screening, suspicious transaction monitoring, record-keeping, and staff training frameworks.
8. Support analysis and preparation of STRs/SARs/ARs through goAML, including internal justifications and escalation documentation.
9. Stay abreast of regulatory updates from UAE authorities and draft concise compliance alerts and recommendations for clients.

1. Identify and approach potential customers through field visits, cold calls, or referrals

2. Understand customer needs and offer suitable products/services

3. Deliver product presentations and demonstrations

4. Follow up with leads and maintain strong client relationships

5. Achieve monthly and quarterly sales targets

6. Maintain daily reports and update CRM tools

• Develop and implement machine learning models to detect and prevent financial crime, such as fraud and money laundering, ensuring regulatory compliance.
• Analyze large datasets of financial transactions and customer data to identify patterns, anomalies, and potential risks, leading to proactive risk mitigation.
• Build and maintain data pipelines for collecting, processing, and integrating diverse data sources relevant to compliance, ensuring data accuracy and integrity.
• Create dashboards and reports to visualize key compliance metrics and insights, enabling stakeholders to monitor performance and make informed decisions.

• Oversee the KYC and bank verification processes, ensuring adherence to regulatory requirements and internal policies.
• Manage a team of KYC analysts, providing guidance, training, and performance evaluations to optimize efficiency.
• Conduct thorough reviews of high-risk customer profiles and transactions, escalating suspicious activities as needed.
• Develop and maintain KYC procedures and workflows, staying updated on industry best practices and regulatory changes.
• Collaborate with cross-functional teams, including compliance, fraud, and legal, to address KYC-related issues.
• Monitor and analyze KYC performance metrics, identifying areas for improvement and implementing corrective actions.

• To review /analyze alert generated/created on Transaction Monitoring System (TMS).
• Discounting off the alerts based on available information in TMS system and extracting details from the

bank’s other system.

• Conclude alert with justifiable rationale/comments as per prescribed procedures/checklist.
• Review of Assist senior management for mitigating major Regulatory/Financial crime risks posed to the bank

by identifying, analyzing and proposing the resolutions.

• Analyze & respond to internal and external STR/RFI within the required response time.
• Recommend cases for onwards review/STR to the L2/reporting team with justifiable rationale red flags.
• Escalate all unresolved AML/CTF investigation cases to line Manager.
• Assisting the line Manager in tasks as assigned.

The Senior Analyst – Transaction Monitoring is responsible for executing and overseeing ongoing monitoring activities to identify, investigate, and escalate suspicious transactions in line with UAE regulatory requirements, including Central Bank of the UAE (CBUAE) AML/CFT regulations and internal policies. The role involves conducting detailed analysis of alerts generated from transaction monitoring systems, assessing customer behavior and risk profiles, preparing high-quality investigation narratives, and recommending STR/SAR filings where required. The Senior Analyst also supports tuning and optimization of monitoring scenarios, typology assessments, ensures timely closure of alerts within SLA, maintains robust documentation, and collaborates closely with Compliance, AML, Operations, and Technology teams to strengthen the bank’s financial crime risk management framework.

Transaction Monitoring Framework & Governance:

Own and maintain the Transaction Monitoring Program aligned to bank risk appetite. Ensure TM coverage across retail, corporate, trade finance, and digital channels and all products. Periodically review TM policies, procedures, and typology libraries.

Scenario Design, Tuning & Optimization:

Design and enhance rules-based and risk-based scenarios (velocity, structuring, round-tripping, unusual patterns) and thorough typology assessments. Lead threshold calibration and alert tuning to reduce false positives without weakening controls. Perform periodic scenario effectiveness testing and document outcomes.

Alert Management & Investigations Oversight:

Oversee daily TM alerts and ensure risk-based prioritization.

Review complex or high-risk cases (PEPs, sanctions nexus, high-risk geographies).

Ensure investigations are well-documented, consistent, and defensible.

STR / SAR Decisioning & Regulatory Reporting:

Act as facilitator in decision-maker or reviewer for STR/SAR filings to the UAE goAML platform.

Ensure reports are timely, accurate, and sufficiently detailed.

Maintain confidentiality and prevent tipping-off.

Technology & Systems Management:

Act as Compliance SME for: ·     TM systems implementation or upgrades ·     Model changes, data mapping, and system validations

Partner with IT, vendors, and operations to resolve data quality or rule-logic issues.

Regulatory Engagement & Audit Readiness:

Lead TM responses for: ·     CBUAE inspections ·     Internal Audit ·     External Audit ·     Skilled Persons Reviews (SPR)

Track and remediate TM-related findings with clear ownership and timelines.

Risk Assessment & Management Information (MI):

Input TM insights into the Enterprise-Wide Risk Assessment (EWRA). Produce senior management MI: ·     Alert volumes & trends ·     STR conversion ratios ·     High-risk customer activity ·     Scenario effectiveness metrics

Training & Awareness:

Train TM analysts on typologies, red flags, and investigation quality.
Conduct QA reviews and coaching to improve consistency and judgment.

Maintain adequate staffing and productivity benchmarks.

Responsible for assisting the Team Leader Due Diligence and Senior Officer Due Diligence in the performance of the due diligence and monitoring processes on new company, member or other business stakeholder applications, amendments and other submissions to ensure company operations are compliant and to maintain Company’s reputation as a Free Zone authority that upholds the highest standards of regulation.

1️⃣ Procedures & Screening

• Conduct screening of new and existing members for compliance with due diligence policies and KPIs.
• Analyze, evaluate, and assess risk ratings; recommend ratings per the Function Authority Matrix.
• Review and assess service requests according to policies and procedures.
• Evaluate Know Your Customer (KYC) documents in line with applicable laws and regulations.

2️⃣ Enhanced Due Diligence

• Identify suspicious activity related to applicants or existing members.
• Assist Team Leader and Senior Officer in performing enhanced due diligence for high-risk clients.

3️⃣ Advisory & Support

• Provide guidance and support to Member Success and Operations teams on due diligence and service requests.