Manager, AML Monitoring QC

Role Overview

Manager, AML Monitoring QC at First Abu Dhabi Bank (FAB).

Role Purpose

To establish and maintain a comprehensive quality assurance framework that reviews the effectiveness of anti-money laundering investigations, identifies risks across detection scenarios, and drives remediation and procedural improvements across the AML function.

Key Responsibilities

Quality Framework & Review

• Build and maintain a robust quality framework that reviews the quality of investigation undertaken by AML TM team.
• Undertake thematic review in the unit as per various money laundering detection scenarios, identify risk, and build a remediation plan.
• Undertake review on work undertaken by AML Monitoring team of Group Operations.
• Develop methods for team effectiveness; question and investigate the reliability and integrity of data, the validity of conclusions, and the appropriateness of assumptions made.

Risk Management & Analysis

• Assist business stakeholders to identify and analyze business risks.
• Gather market intelligence to understand emerging typologies and undertake risk review and remediation plan.

Regulatory & Compliance

• Review CB UAE circulars to understand requirements for amending procedure of investigation approach to ML/terror financing risks.
• Keep abreast of related rules, regulations, and best practices pertaining to AML and assess its impact on FAB.

Stakeholder & Relationship Management

• Maintain and build effective relationships with related divisions to achieve effective escalation of issues and manage risk.
• Provide operational expertise to internal working groups, teams, and committees focused on enhancing current procedures and creating efficiencies.

Record-Keeping & Documentation

• Maintain adequate record-keeping, MI, and evidence pertaining to AML QC.

Qualifications & Experience

• Bachelor's Degree or Higher in Management, Banking, or Finance, preferably with certification in Compliance, AML, Risk Management, or Internal Audit.
• At least 8 years of banking experience.
• Preferably 5 years in Compliance and/or Audit in Banks.
• Excellent understanding of regional laws and applicable international regulations.
• Excellent knowledge of AML/CTF applied on different business banking functions.

Skills & Competencies

• Strong interpersonal and people management skills.
• Strong facilitation skills.
• Team player.
• Able to meet tight deadlines and manage challenging workload.
• Fluent in English with strong written and verbal skills.
• Fluent in Arabic with strong written and verbal skills; preferably bilingual.
• Focused on driving tasks to completion with pace while retaining a high level of attention to detail and accuracy.