Senior Officer - Payments Sanctions Monitoring

Job Overview

First Abu Dhabi Bank (FAB) is seeking a Senior Officer for Payments Sanctions Monitoring in Abu Dhabi, United Arab Emirates. This role involves ensuring strict compliance with all local and international sanctions regulations for payment transactions, mitigating financial crime risks.

Company Overview

First Abu Dhabi Bank (FAB) is the UAE's largest bank and one of the world’s largest and safest financial institutions. Headquartered in Abu Dhabi, FAB offers a wide range of innovative products and services to its corporate and individual customers across a global network, committed to driving economic prosperity.

Quick Details

• Salary Range: Market Competitive
• Job Type: Full-time
• Qualifications: Bachelor’s Degree
• Experience: 5+ years in sanctions or financial compliance

Key Responsibilities

• Monitor payment transactions for potential sanctions breaches and red flags.
• Conduct thorough investigations into alerted transactions, escalating as necessary.
• Ensure strict adherence to all local and international sanctions regulations, including OFAC, UN, and EU.
• Collaborate with internal stakeholders to provide expert advice on sanctions-related matters.
• Prepare comprehensive reports on monitoring activities, findings, and risk assessments.
• Stay abreast of evolving sanctions landscapes and regulatory changes to update policies and procedures.

Requirements

• Bachelor's degree in Finance, Law, Business Administration, or a related field.
• Minimum of 5 years of proven experience in sanctions monitoring or financial crime compliance within a banking environment.
• Strong understanding of global sanctions regimes and their practical application.
• Excellent analytical, investigative, and problem-solving skills.
• Ability to work effectively under pressure and manage multiple priorities.
• Exceptional communication and interpersonal skills, with fluency in English.

Benefits

• Competitive salary and comprehensive benefits package.
• Opportunity to work with the UAE's largest and most reputable financial institution.
• Clear pathways for career growth and professional development within a global bank.
• Engaging and challenging work environment focused on compliance and risk management.
• Exposure to international banking standards and complex regulatory frameworks.
• Contribution to maintaining the integrity and security of the financial system.