Product Subject Matter Expert (SME) – AML/CFT

The Product SME will serve as the domain expert for Transaction Monitoring, Sanctions Screening, Onboarding, and CRAM initiatives, ensuring the bank’s compliance with AML/CFT regulations. This role is responsible for bridging business, compliance, and technology teams to define requirements, validate solutions, application support and end-to-end delivery. The SME will provide subject matter expertise, regulatory insights, and practical solutions to ensure effective financial crime risk management and seamless customer experience.

Responsibilities:

• Act as the domain specialist for Transaction Monitoring, Sanctions Screening, Onboarding, and CRAM systems.
• Partner with business, compliance, and technology stakeholders to translate regulatory requirements into functional and technical specifications.
• Provide input on solution design, system configuration, and workflow enhancements to ensure compliance and operational efficiency.
• Lead requirements gathering, gap analysis, and validation workshops with internal stakeholders and external vendors.
• Support UAT, validation, and go-live readiness to ensure solutions meet business and regulatory expectations.
• Serve as the primary point of contact for regulatory audits and inspections related to AML/CFT solution areas.
• Collaborate with vendors and technology teams to address system issues, manage product upgrades, and ensure integration with core banking and digital platforms.
• Define success metrics and ensure delivery aligns with business objectives and compliance obligations.

Provide application support

Knowledge:

• Proven expertise in AML/CFT compliance solutions, specifically in Transaction Monitoring, Sanctions Screening, Onboarding, and CRAM projects.
• Strong understanding of KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and risk rating frameworks.
• In-depth knowledge of regulatory expectations (FATF, CBUAE, OFAC, EU, etc.) and their practical application in banking systems.
• Hands-on experience in solution design, configuration, and functional validation of AML/CFT platforms.
• Familiarity with analytics, case management, and risk scoring models used in financial crime prevention.
• Experience collaborating with cross-functional teams, including compliance, IT, and external vendors.
• Banking domain knowledge with successful delivery of compliance and financial crime prevention initiatives.
• Strong knowledge of analytics applications to support financial crime detection and risk management.
• Deep understanding of banking products, services, and compliance operations.

Skills:

• Strong analytical, problem-solving, and documentation skills.
• Excellent communication skills with the ability to interact effectively with both business and technical stakeholders.
• Ability to lead workshops, articulate requirements, and challenge vendors to achieve optimal solutions.
• Strong organizational and prioritization capabilities with attention to regulatory detail.
• Ability to influence and align diverse stakeholders to achieve common compliance goals.

Qualification/ Experience:

• Bachelor’s degree in business, Finance, Computer Science, or related fields.
• 7–10 years’ experience in AML/CFT, financial crime compliance, or product SME roles within the banking or fintech sector.