Correspondent Banking Specialist

About The Job

Are you ready to take on a crucial role in compliance and financial crime prevention? At Wio Bank, we're looking for a detail-oriented Correspondent Banking Specialist to help ensure our operations run smoothly and in full compliance with regulatory standards.

This is an exciting opportunity to join a leading digital bank in the UAE and play an integral role in safeguarding the integrity of our financial transactions. If you're passionate about compliance, analysis, and protecting against financial crime, this role is for you!

Job Responsibilities:

Correspondent RFI Management:

Manage and coordinate the entire process of handling correspondent RFIs, ensuring all inquiries are reviewed and responded to promptly and accurately.

Transaction Analysis:

Perform in-depth analysis of transactional data, including large, unusual, or complex transactions, to assess risks and determine if they require further investigation or reporting.

Documentation for Investigations:

Prepare and maintain comprehensive documentation for suspicious activity investigations, ensuring that all relevant information is recorded accurately and easily accessible for audits or regulatory reviews.

Intelligence Gathering:

Gather additional intelligence from internal sources, databases, and external resources like publicly available information or adverse media to support investigations.

Thorough Record Keeping:

Ensure thorough documentation of all reviews and actions taken for audit and regulatory review purposes.

Suspicious Transaction Judgment:

Analyze transactions and customer behavior to determine whether they are considered regular or suspicious. Escalate red flags for further investigation as necessary.

What We’re Looking For:

Qualifications:

A Bachelor’s degree in Finance, Business, Law, or a related field is preferred.

Certifications:

Sanction/AML-related certifications (e.g., CAMS, CGSS) are highly desirable.

Experience:

At least 5 years of experience in name screening, compliance, or financial crime roles within a financial institution.

Technical Skills:

Experience using screening tools (e.g., World-Check, Dow Jones, Actimize) and familiarity with sanctions, adverse media, and PEP lists.

Regulatory Knowledge:

Strong understanding of Sanctions/AML regulations (e.g., CBUAE, OFAC, EU, UN sanctions).

Attention to Detail:

Exceptional attention to detail and the ability to work with large datasets and screening systems.

What’s in it for You?

Join a dynamic, fast-growing fintech in the heart of the MENA region.

Thrive in a diverse, high-performance environment with a team of professionals from all over the world.

Benefit from competitive compensation, hybrid working, 28 holidays + up to 14 national holidays, and more!

Ready to Take the Leap?

If you're ready to make an impact in the fight against financial crime and want to be part of an innovative team, apply now and join Wio Bank!