Job Description
the Arab African International Bank is currently recruiting for the role of AML Officer
Duties and Responsibilities
Your main responsibilities in this role include the following:
Analyze the alerts generated from the relevant AML tool based on alert frequencies based on customer’s profile, activity and overall account behaviour in liaison with the respective RM/home branch
Refer the unjustified transactions to the different Lines of Business (LOBs) officers/RMs to collect required justification/feedback.
Assess the feedback / justification received from different RMs with regards to the unusual transaction(s).
Raise the suspicious transaction reports (STR) as applicable and where required based on the analyses of the generated alerts taking into consideration the AML law and guidelines.
Develop and maintaining a risk assessment framework for products and services, clients and customers, and other issues relating to money laundering.
Obtain documentary proof of the suspicion’s transactions generated from AML tool and perform the required analysis to take the proper decision whether to issue STR (suspicious Transaction Report) or to archive the case after getting head of compliance approval.
Assist in handling and cover audit comments that related to AML and Financing terrorism.
Assess in ensuring that the AML&KYC policy and procedure is up to date and comply with the recent law/regulations.
Contribute to the prevention and monitoring of non-compliance risks through an analysis of generated alerts & KYC files.
Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation.
Contribute of spreading the compliance culture across the bank.
Job Requirements
Bachelor’s degree in commerce, business administration or any related discipline
3- 5 years of experience in Compliance AML unit.
Sufficient banking experience in different fields.
Certified in Compliance international certificates.
In-depth knowledge of Banking Laws & Regulations.
Excellent detail-oriented skills.
Very good communication skills.
Effective negotiation and problem solving.
Job Details
Company: Arab African International Bank (AAIB)
Employment Type: Full-time
Job Location: Egypt
