J
ob Purpose
T

o ensure that AWBE implements AWB Group and Local Regulatory requirements for
an independent Financial Crime Function including AML & Sanctions in the
Compliance Department.
To support the development and implementation of proactive strategy to combat
Financial Crime and Terrorist financing risks.

M
ain accountabilities and approximate time split

A

ccountability: Investigations

T

ime Split: % ‎70

*
* o review AML system generated alerts within the approved timelines ensuring high quality of review is met.
* o review manual SARs following the required process for recording, investigating and reporting.
* o respond to FLOD (Business Retail & Corporate) inquiries and requests in a timely and cooperative manner.
* o advise FLOD in the execution of their duties with regard to the AML alerts named above.
* o coordinate with all business segments in a professional and timely manner providing day-to-day guidance to the bank's different business units on financial crime inquiries.
* ssist the AML Senior Manager in identifying potential issues and in proposing solutions for those issues Provide input to the AML reports structure, standards and limits for customer behavioral transaction analysis (Re-tuning) as requested by AML Senior Manager.
* ffective conclusion of all alerts allocated including comprehensive disposition. In case suspicious activity is identified then reporting, the same to the AML Senior Manager in addition to SAR preparation (see below).
* ork in line with AML alerts set plan as communicated by AML Senior Manager and meet the daily target assigned by the AML Senior Manager in line with the required timelines stipulated in the Financial Crime Minimum Operating Standards.
* nsure immediate escalation/ reporting to the AML Senior Manager on issues that require immediate intervention.
* o support further financial crime investigation and SAR reporting tasks as required by AML Senior Manager.

A

ccountability:

S

AR Preparation

T

ime Split: ‎20%

*
* o ensure high quality examination procedure of the transaction and SAR preparation
* o prepare, record and retain SAR electronically and physically in adherence with the procedural requirements after MLRO / AML Senior Manager Review and Submission.
* nsure that issues arising from business' controls on AML, and any other financial crime are reported, and escalated, promptly and appropriately to MLRO / AML Senior Manager.

A

ccountability: Financial Crime Activities

T

ime Split: ‎5%

*
* rovide periodic training and awareness sessions to the business to promote Financial Crime Awareness.
* roactively meet and work with the business (i.e. retail and corporate business support team and branch staff) to ensure meeting our objectives.
* ontribute to other assigned tasks by the AML management related to Financial Crime according to business needs.

A
ccountabilities:
Reporting and MI
Time Split: ‎5%
* roduce accurate weekly and monthly MI and governance reporting to AML Senior Manager to drive effective compliance risk reporting.
* nsure that all Financial Crime logs are complete and accurate.

T
echnical skills / Competencies
*

• ntellectual and Analytical skills of high order


• trong interpersonal skills for effective communication with senior management and stakeholders


• he ability to challenge independently and constructively, senior management, peers or other staff where appropriate.


• nsist upon adherence to the highest standards of business practice and to the requirements or relevant authorities


• xcellent written and oral communication to be clear, comprehensible, specifically in analytical dispositions, and reporting


• ustomer Focus


• roblem solving & innovation


• eadership


• ommunication and impact


• gility

K
nowledge, Expertise and Experience

E
ssential B
anking Experience in a relevant Corporate or Retail financial services
environment and/or control enforcement.
Very Good written and spoken Arabic and English
Strong Analytical skills
Good understanding of Financial Crime concepts, regulations and requirements

Preferred