Transaction Monitoring Analyst
Capitex · Sharjah
Transaction Monitoring Analyst – 12-Month Contract | Sharjah, UAE
About the Role
We’re seeking an experienced Transaction Monitoring Analyst to join our compliance team in Sharjah on a 12-month fixed-term contract. The successful candidate will play a key role in identifying and investigating unusual or potentially suspicious financial activity to ensure compliance with AML regulations and internal policies.
Key Responsibilities
- Conduct daily monitoring and review of transactions flagged by the bank’s AML systems.
- Assess alerts to determine whether activity is consistent with the customer’s known profile, identifying potential red flags and patterns of suspicious behaviour.
- Conduct detailed investigations on escalated alerts and prepare comprehensive case summaries with clear recommendations.
- Escalate suspicious transactions to the MLRO or Compliance team in accordance with established procedures.
- Maintain detailed and accurate documentation of all investigations and decisions.
- Assist in the preparation of Suspicious Activity Reports (SARs) when required.
- Liaise with internal stakeholders, including Relationship Managers and Compliance Officers, to obtain additional information for case reviews.
- Support the refinement of internal processes and provide input on emerging AML risks and typologies.
- Stay up to date on AML regulations, local Central Bank guidance, and international compliance standards.
Key Requirements
- Prior experience in transaction monitoring, AML investigations, or financial crime compliance within a banking or financial services environment.
- Strong understanding of AML frameworks, risk indicators, and typologies.
- Analytical mindset with attention to detail and sound judgement in decision-making.
- Excellent written and verbal communication skills.
- Ability to manage workload effectively in a fast-paced environment and meet review deadlines.
- Proficiency in using transaction monitoring systems and Microsoft Office applications.