Overview
Anti-Money Laundering Officer Jobs in Muscat, Masqaţ, Oman at Oman Arab Bank
Title: Anti-Money Laundering Officer
Company: Oman Arab Bank
Location: Muscat, Masqaţ, Oman
- Perform daily monitoring and review of customers’ transactions.
- Ensure that the Alerts are promptly reviewed and cleared/escalated.
- Coordinate with branches and business units on matters relating to irregular or suspicious transactions, including obtaining information or documents relating to an account/customer or a particular transaction required as part of the transaction review process.
- Investigate all identified suspicious or irregular transaction and account activities, prepare suspicious transaction investigation reports.
- Assist the Head of Transaction Monitoring in carrying out additional assignments and tasks.
- Provide guidance to branches and business units on matter related to AML & CFT
- Respond to NCFI inquiries and requests
- Assist in reviewing the effectiveness of the suspicious activity monitoring systems and transaction screening system
- Conduct AML assessments/reviews on customers, products, channels and geography.
- Review KYC reports and coordinate with business units and branches for updating the inaccurate and missing information.
- Review and investigate alerts generated against sanction screening lists.
- Assist in reviewing policies and procedures
- Ensure all activities are carried out according to bank’s policies, procedures, and standards.
- Participate in other related initiatives and projects as assigned or other duties as assigned by management.
Qualifications:
- A degree finance or accounting
- preferably a Professional certification -ICA and ACAMS
Skills/Knowledge:
- Ability to multitask and prioritize
- Effective communication skills
- (verbal and written)
- Ability to maintain objectivity and policy-based judgement
- Analytical skills
- Command over English and Arabic language
Business Understanding:
Good understanding and knowledge of the Banking Operations and financial industry
Sound understanding of the Central Bank regulations and internal policies and procedures
Understanding of Risk – identification, assessment and mitigation
