Compliance Officer
Ajman Bank
Total years of experience :19 years, 3 Months
Identify and investigate the patterns, trends, and anomalies in complex
transactional behavior of potentially suspicious customers and prompt
reporting of suspicious transaction reports in accordance with the Federal
Law and U.A.E. Central Bank Regulations.
• Investigate potential CBUAE, OFAC, EU & UN sanctions violations to
ensure transactions are in line with regulatory and global compliance
standards.
• Investigate the RFI raised by the branches about suspicious transaction.
• Performing CDD, EDD based on the analysis of rule violation, above
threshold and unusual or suspicious transaction and filing of STR / SAR
based on the investigation.
• Conduct Name Screening, Adverse Media Search, Sanction Screening using
various internal and external sources
• Duly furnish the information requested by the Central Bank of the UAE or
other law enforcement authorities within specified period.
• Review invoices and shipping documents and authenticated the status
through Lloyd’s list intelligence to ensure compliance and to identify and
report activities related to TMBL.
• Timely execution of instructions received from the Central Bank of the UAE
in response to STR / SARs filed with the Financial Intelligence Unit at the
CBUAE.
• Stop and review, of all the transaction (other than AED) and ensure the
transactions are comply with rule and regulations.
• Support to business units as well as branch staff when addressing to AML
queries
Conduct AML enquiries / Investigation as per the bank procedure.
• Receive suspicious transactions alert from employees and analyze them to
take appropriate decisions to report.
• Co-ordinating with proper channels to ascertain that the transactions under
review are not suspicious.
• Ensuring sanction reviews are conducted as part of AML investigation.
• Exercising EDD when dealing with high-risk customers like Politically
Exposed Persons (PEP), Dealers in High Value Items etc.
• Ensure all with strict bank compliance and procedure.
• Help to conduct customer KYC updates by reviewing documents such as
MOA, AOA, Share Registries, Partnership agreements, Trade License etc.
• Handling all Branch compliance related queries.
Processing of cash withdrawals and deposits from/to customers which includes signature verification
and posting of cheques / vouchers in respective accounts.
• Delivering best customer service, beyond all expectations by handling all cash related activities
accurately and efficiently.
• Maintaining and tallying daily teller position by the end of day / daily balancing of cash position.
• Delivering best customer service, beyond all expectations by handling all cash related activities
accurately and efficiently.
Banking Reconciliation, Managing, Handling and Scrutinizing of ledgers
• Must ensure compliance to all procedure
• Issuing brokerage and clearing their queries
• Make all the necessary verifications and Analysis according to the policy in place, applies all the
necessary criteria for approving loan applications, and ensure.
• Ensure a healthy working environment and compliance with clean desk policy maintains strict and
confidentially on all procedures, company policies and customer accounts
• Preparing MIS Reports to Zonal Manger
• Monitoring NPA and help the collection staff to reduce the same
Performing daily reconciliation of Nostro accounts (foreign and local currency) to ensure that the
transactions have settled properly, and all expected cash flows have occurred, by analyzing reports used
in the process.
• Analysis between internal situation and the situation of Nostro accounts received from correspondent
banks via swift messages
• Provide monthly summary of bank reconciliations for review to the Management
• Ensure the suspense account will be zero
(