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Transaction Monitoring Analyst - Backlog Project (Contract)

CapitexDubai, Dubai, United Arab Emirates
On-site Contract

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Experience Level

Experience

Qualifications

Key Requirements:1–3 years of experience in AML transaction monitoring roles, ideally within a financial institution or consultancy. Proficient understanding of UAE regulatory requirements and international AML frameworks (e.g., FATF, Wolfsberg). Familiarity with transaction monitoring systems (e.g., Actimize, SAS AML, FICO, or similar platforms). Strong analytical skills and meticulous attention to detail in detecting suspicious patterns or potential financial crimes. Demonstrated capability to manage high volumes of alerts and meet daily review targets. Excellent written communication skills, especially in drafting alert closures and escalation justifications. Self-driven and capable of thriving in a fast-paced, target-oriented project environment.

About the job

Job Title: Transaction Monitoring Analyst – Backlog Project (Contract)

Location: Dubai, United Arab Emirates

Engagement Type: Contract / Temporary

Duration: 3–6 months (with possible extension)

Start Date: Immediate or ASAP

Rate: Competitive (based on experience)

About the Role

We invite skilled Transaction Monitoring Analysts to join a dynamic financial crime initiative for a prestigious financial institution in Dubai. This contract role focuses on addressing a significant backlog of transaction monitoring alerts, ensuring compliance with internal policies and local regulatory requirements.

The successful candidate will possess practical experience in transaction monitoring, a robust understanding of AML typologies, and the ability to perform with precision and efficiency in high-pressure environments.

Key Responsibilities

  • Review and analyze extensive transaction monitoring alerts for potential suspicious activities.
  • Recognize unusual patterns, behaviors, or red flags through established guidelines and AML typologies.
  • Conduct preliminary investigations, document findings, and close false positives or escalate legitimate suspicious cases.
  • Compose clear and concise alert narratives and summaries for escalations in accordance with policy.
  • Operate within strict SLAs and productivity goals to facilitate backlog clearance objectives.
  • Collaborate with team leads, quality assurance units, and compliance teams as necessary.
  • Maintain thorough documentation of all completed tasks and ensure adherence to internal procedures and regulatory standards.

Key Requirements

  • 1–3 years of experience in AML transaction monitoring roles, ideally within a financial institution or consultancy.
  • Proficient understanding of UAE regulatory requirements and international AML frameworks (e.g., FATF, Wolfsberg).
  • Familiarity with transaction monitoring systems (e.g., Actimize, SAS AML, FICO, or similar platforms).
  • Strong analytical skills and meticulous attention to detail in detecting suspicious patterns or potential financial crimes.
  • Demonstrated capability to manage high volumes of alerts and meet daily review targets.
  • Excellent written communication skills, especially in drafting alert closures and escalation justifications.
  • Self-driven and capable of thriving in a fast-paced, target-oriented project environment.

Preferred Qualifications

  • Bachelor’s degree in Finance, Business, Law, or a related field.
  • AML certifications such as CAMS or similar.

About Capitex

Capitex is a leading financial institution in Dubai, focused on combating financial crime and ensuring compliance with regulatory standards. Our team works diligently to maintain the integrity of financial operations through effective transaction monitoring.

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