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Transaction Monitoring Analytics Consultant - Contract

CapitexDubai, Dubai, United Arab Emirates
On-site Contract

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Experience Level

Experience

Qualifications

QualificationsProven track record in transaction monitoring and AML analytics with a focus on financial crime prevention. Hands-on experience with industry-leading transaction monitoring systems. Skilled in model validation and scenario design, with the ability to optimize thresholds for better performance. Expertise in data analysis, with proficiency in tools such as SQL and Python. Strong understanding of relevant AML regulations and typologies. Exceptional communication and stakeholder management abilities.

About the job

Job Title: Transaction Monitoring Analytics Consultant (Contract)

Location: Dubai, UAE
Engagement Type: Contract (Consulting Assignment)
Industry: Banking / Financial Services

Overview

Join our dynamic team as a Transaction Monitoring Analytics Consultant and play a pivotal role in supporting a distinguished bank in Dubai with a critical financial crime compliance initiative. Your expertise will be instrumental in enhancing and optimizing transaction monitoring systems, aimed at bolstering detection capabilities, mitigating false positives, and ensuring adherence to regulatory standards. You'll be at the forefront of financial crime prevention, fine-tuning signals, and ensuring that no suspicious activities go unnoticed.

Key Responsibilities

  • Design, enhance, and optimize transaction monitoring scenarios and rules across AML systems.
  • Perform threshold tuning and calibration to achieve a balance between detection efficiency and false positive rates.
  • Conduct model validation and performance assessments of transaction monitoring frameworks.
  • Analyze extensive datasets to uncover trends, typologies, and gaps in existing monitoring controls.
  • Assist in the development and implementation of new detection scenarios in response to emerging risks and regulatory expectations.
  • Collaborate with compliance, technology, and data teams to ensure seamless system integration and deployment.
  • Document methodologies, assumptions, and validation results in compliance with regulatory standards.
  • Provide insights and recommendations to enhance the overall financial crime risk management frameworks.

Key Requirements

  • Demonstrated experience in transaction monitoring, AML analytics, or financial crime consulting.
  • Strong practical knowledge of transaction monitoring systems (e.g., Actimize, Fircosoft, SAS AML, or similar).
  • Experience in model validation, scenario design, and threshold optimization.
  • Proficiency in data analysis tools (SQL, Python, SAS, or similar).
  • Thorough understanding of AML regulations and typologies, preferably within banking environments.
  • Aptitude for translating complex analytical findings into actionable business insights.
  • Strong stakeholder management and communication skills.

Preferred Qualifications

  • Experience collaborating with Middle East banking clients or regulators.
  • Familiarity with risk-based approaches and regulatory expectations in the UAE.
  • Background in consulting or project-based environments.

About Capitex

Capitex is a leading consultancy firm dedicated to delivering innovative solutions in the banking and financial services sector. Our mission is to empower financial institutions with the tools and insights necessary for effective risk management and compliance.

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