Performing the day-to-day activities of the AML Unit and monitoring the daily or monthly transactions
Key Accountabilities
Reviews/Monitors the AML Daily & Monthly reports, , unusual activities , to identify the suspicious transactions in order take the necessary action accordingly.
Participates in the preparation process for EMLCU &“Audit Committee reports, in a timely manner
Follow up on FX transactions & report
Follow up on Cash notifications transactions & incoming transfers from High risk Countries reports
MIS reports for Risk assessment study
Monitors the status of updating Customers’ data on quarterly basis through various tools that are checked daily either manually or systematic
Review various system-generated reports “AML/ KYC system alerts” on large amounts transactions and branches comments, as well as investigate the transactions with the customer account history and KYC parameters.
Weekly follow up report on aging alerts with branches & Client accounts management department
Replacement for pre fact approvals for account opening
Investigate unusual/ suspicious activity transactions, alerts & received STRs to determine if any of those transactions are suspicious to money laundering, and present it to AML Unit Head /Head of Compliance for obtaining guidance to carry on further investigation.
Investigate various queries concerning customer data (requested by EMLCU or CBE); and presents the results of that investigation to the “Head of AML” in order to respond
Replace the Sanctions officer in Names search received from EMLCU
Follow up on branches review report done by IA department to ensure closing all open issues in it’s target dates & . to ensure that AML/CFT law requirements and regulations are achieved. KYC, CIF forms are fulfilled properly and to ensure compliance with the policies and procedures put in place.
Respond to branches and HO departments AML & Compliance inquiries.
Assist in preparing response to the AML questionnaires of the corresponding Banks, as well as reviews the response on ABKE AML Questionnaires received from the correspondent Banks
Replace Sanctions officer in replying to inquiries received from correspondent banks
Education Bachelor's Degree or Equivalent Certification/Experience
Experience
Good knowledge of ABK’s services, regulatory compliance practices & procedures.
Excellent written and oral communications skills
Analytical skills is essential and very good English language.
Minimum of 5 years banking sector experience.
Hands-on business / branches experience will be a plus
Experience in AML Investigations
Excellent knowledge of Microsoft office Suite (Word, Excel, PowerPoint…)
Competencies & Skills Customer Centric, Effective Communication, Professional Ethics, Result Focus,
