AML Analyst

Job description / Role

• Review client due diligence documentation and approve records per the company’s AML/CFT policy and procedures.
• Assist in performing AML Compliance quality testing, evaluate process deficiencies, and recommend corrective actions to the MLRO/Head of Compliance.
• Stay updated on the latest AML landscape to assess and identify emerging risks and recommend program enhancements.
• Identify and escalate unusual activity or cases that do not meet internal guidelines, regulations, and AML laws.
• Support the Head of Compliance in implementing the board-approved compliance program.
• Highlight concerns of non-compliance and suggest necessary revisions to management.
• Conduct daily transaction monitoring and enhanced due diligence on internal alerts, providing reports to MLRO/DMLRO.
• Assist in preparing annual compliance-related reports.
• Handle ad-hoc assignments delegated by the Head of Compliance.

Requirements:

• 1 to 2 years of experience in Compliance/AML/Risk functions within a financial institution or related field.
• Proficient in MS Excel and associated analytical tools.
• Detail-oriented with a strong work ethic.
• Professional certifications (CAMS/ICA Advanced Certification or equivalent) are preferred but not mandatory.
• Knowledge of digital assets is preferred.
• Thorough understanding of AML/CFT policies and procedures.
• Ability to analyze data and identify patterns.
• Strong communication skills, both written and verbal.
• Ability to work independently and as part of a team.
• Proactive in staying updated on the latest AML regulations.
• Adaptable to handle changing priorities and ad-hoc assignments.

Company Industry: Finance, Investment & Asset Management

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties.

We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more.

Concentrating our resources has created 5 distinct specialist divisions:

• Banking & Finance
• Human Resources
• Oil & Gas
• Construction
• Architecture & Engineering

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