TMS (Transaction Monitoring System) Analyst

Responsibilities:

• Monitor real-time transactions for suspicious activities, ensuring compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.
• Analyze alerts generated by the transaction monitoring system and investigate suspicious transactions.
• Escalate potential risks to the compliance team or regulatory authorities, if necessary.
• Assist in fine-tuning the transaction monitoring system to improve accuracy and reduce false positives.
• Prepare detailed reports of investigations and maintain documentation for regulatory audits.
• Conduct periodic reviews and updates of transaction monitoring policies and procedures.
• Collaborate with internal teams to ensure effective implementation of AML/CTF controls.

Experience & Qualifications:

• Experience in transaction monitoring, AML, or compliance, preferably in an exchange house or financial institution.
• Familiarity with transaction monitoring systems and AML software.
• Strong knowledge of AML/CTF regulations and suspicious activity reporting.
• Analytical mindset with attention to detail for identifying suspicious patterns.
• Bachelor's degree in Finance, Accounting, Business, or a related field (certifications like CAMS are a plus).
• Strong communication and reporting skills.
• Ability to work independently and under regulatory scrutiny.

Job Type: Full-time

Pay: AED3,000.00 - AED4,000.00 per month