Analyst - Operational Analysis

Financial Intelligence Unit -AUH

Key Accountabilities: • Review Suspicious Transaction Reports (STRs) and conduct appropriate analysis and investigation of customer backgrounds and escalate any issues that may arise for further investigation and prosecution, including feedback and guidance for reporting institutions • Share information (such as Fraud and Typology Reports, outcome of the analysis conducted, etc.), with national intelligence / law enforcement agencies and local / international regulatory authorities • Analyze complex data and/or STRs received from various reporting entities, identify root causes, derive remedial measures and determine trends and patterns pertaining to violations • Identify where search or freeze instructions should be issued for banks or financial institutions based on suspicious transaction reports and escalate as appropriate • Prepare simple reports by translating complex information, present realistic recommendations in a timely and accurate manner regarding any suspicious transactions and other violations submitted by various reporting entities • Apply professional knowledge to conduct risk assessment reviews with regards to regulatory requirements and standards set by CBUAE and other external guidelines such as FATF recommendations, etc. • Prepare case reports on suspicious transactions for public prosecution and law enforcement authorities, as required • Follow-up on cases that have been forwarded to Law Enforcement authorities for further investigation and prosecution whilst maintaining relevant statistics and information • Identify leading suspicious transaction reporting practices globally, pinpoint areas of improvement in current practices and take action as appropriate • Perform in-depth due diligence, review transaction data critically to identity suspicious activities and apply judgment to determine cases for further escalation or investigation • Develop and organize standard training modules, seminars, workshops and conferences on topics relating to anti-money laundering and/or combating the financing of terrorism • Perform any other duties outside the scope as and when required Position Specifications: • Graduate Degree in Banking/Finance/Business Administration/Economics/ Forensics Experience: • 0 - 3 years of experience, preferably at least 2 years of experience in a similar role. Fresh graduates are welcome to apply. • Working experience in the UAE, with appropriate familiarity with the UAE market and regulations