Job Description & Requirements

Job Title: Officer - Transaction Monitoring

Location: Fujairah, UAE

Employment Type: Full Time

Company Name: PACT Employment Services

Industry: Staffing and Recruiting

Job Function: Accounting/Finance

Experience: 2 - 3 years

Education: Bachelors

Salary: TBD

Job Overview:

PACT Employment Services in Fujairah is seeking an experienced Officer for Transaction Monitoring. The role requires 2 - 3 years of experience in conducting alert reviews, investigations, due diligence, and handling remediations within a financial services institution. Candidates should have a good understanding of transaction monitoring scenarios, AML typologies, regional laws, and suspicious reporting in banking.

Duties & Responsibilities:

Conduct alert reviews, investigations, due diligence, and remediations as required.

Monitor transactions for suspicious activities and compliance with AML (Anti-Money Laundering) regulations.

Ensure adherence to regional laws and regulations related to financial transactions.

Collaborate with internal teams to resolve issues and ensure compliance with policies and procedures.

Prepare and submit suspicious activity reports (SARs) in accordance with regulatory requirements.

Maintain documentation and records related to transaction monitoring activities.

Stay updated on industry trends, AML typologies, and regulatory changes affecting transaction monitoring.

Requirements:

Experience:

2 - 3 years of experience in transaction monitoring within a financial services institution.

Education:

Bachelor's degree in Accounting, Finance, Business Administration, or a related field.

Skills:

Good understanding of transaction monitoring scenarios and AML typologies.

Excellent communication skills, both written and verbal.

Thorough knowledge of regional laws and regulations pertaining to banking and AML.

Ability to conduct investigations and prepare suspicious activity reports.

Location:

Candidates must be currently based and available in the UAE for interviews.

Additional Information:

Location: Fujairah, UAE.

Salary: To be determined based on experience and qualifications.

Benefits: As per company policy.

How to Apply:

Interested candidates meeting the criteria for the Officer - Transaction Monitoring position at PACT Employment Services in Fujairah can share their resume to hr@pactemployment.ae with the subject line "Officer (Transaction Monitoring)".

This job description outlines the responsibilities and qualifications required for the Officer - Transaction Monitoring role at PACT Employment Services in Fujairah, emphasizing experience in transaction monitoring, AML compliance, and regional banking regulations.