Correspondent Banking Specialist
Wio Bank
Date: 3 weeks ago
City: Abu Dhabi
Contract type: Full time
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!
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!
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
1)Engineering Team Lead – Offshore Project
KBR, Inc.,
Abu Dhabi
14 hours ago
Title Engineering Team Lead – Offshore ProjectBelong, Connect, Grow, with KBR!The KBR team of teams delivers future-forward science, technology and engineering solutions and mission-critical services that help governments and companies around the world accomplish their most important objectives, while also helping achieve their sustainability goals. KBR Sustainable Technology Solutions provides holistic and value-added solutions across the entire asset life cycle....
Chief of Staff to the Founder - EdTech (FR & ENG Fluent)
Paradox EN,
Abu Dhabi
20 hours ago
Deep inside you are looking for a new adventure with…Ambition : Smart Team mates driven to create an iconic international brandImpact : You strive for making a real difference in the company growth, and not be a number in a big organizationMission : Knowing your greatness left a mark in people livesWith Paradox we want to empower high-achievers at scale,...
Business Development Manager
the ENTERTAINER,
Abu Dhabi
21 hours ago
About Us The ENTERTAINER is a leading digital company whose main goal is to add value to consumers by bringing them the best incentive offers globally. We are a data-driven, 100% digital, tech company. Providing first-rate offers across renowned dining, leisure, entertainment and hotel brands worldwide, the ENTERTAINER has grown with the aim of creating unbeatable value and loyalty everywhere...
