Job Responsibilities:Review all alerts generated from the Bank AML system. Monitor all suspicious transactions. Close low / medium risk customers alerts by investigating through the Bank CDD system or escalating a STR to the MLCU. High risk customer`s alerts to be investigated through the Bank systems. Ensure proper due diligence is applied and documents in hand (KYCs) are sufficient to clarify the source of Fund and the Ultimate beneficiary owner. Report to Sanctions team in case of any sanctions indiciation. Investigate requests received from for any suspicious clients. Assist the branches in any inquiry related to AML inquiries. Review the accuracy of the AML system used in the Bank and communicate any required amendments. Work with vendors and consultants regarding any modification or fine tuning for the AML systems Prepare STRs for suspicious transactions to be escalated to MLCU.
Knowledge & Technical Skills Required:Exposure and understanding of CBE regulations, International Markets Experience in working in Egypt Banking industry. Comprehensive knowledge of Compliance, Local regulatory requirements, international best practice, Anti-Money Laundering requirements. High Analytical Skills. Required years of experience from 4 - 7 in the compliance field.