Transaction Monitoring Analyst

Job Title: Transaction Monitoring Analyst – Backlog Project (Contract) Location: Dubai, United Arab Emirates Engagement Type: Contract / Temporary Duration: 3–6 months (with possible extension) Start Date: Immediate or ASAP Rate: Competitive (based on experience) About the Role We are seeking experienced Transaction Monitoring Analysts to join a fast-paced financial crime project for a leading financial institution in Dubai. This is a contract-based role focused on clearing a significant backlog of transaction monitoring alerts in line with internal policies and local regulatory expectations. The ideal candidate will bring hands-on experience in transaction monitoring, a good understanding of AML typologies, and a high level of accuracy and efficiency under time-sensitive conditions. Key Responsibilities • Review and investigate large volumes of transaction monitoring alerts related to potential suspicious activity. • Identify unusual patterns, behaviors, or red flags using pre-set rules and AML typologies. • Conduct initial investigations, document rationale, and close false positives or escalate genuine suspicious cases. • Draft clear and concise alert narratives and escalation summaries as per policy. • Work within tight SLAs and productivity targets to support backlog clearance objectives. • Collaborate with team leads, quality assurance teams, and compliance where necessary. • Ensure full auditability of all work completed and maintain compliance with internal procedures and regulatory standards. Key Requirements • 1–3 years’ experience in AML transaction monitoring roles, preferably within a financial institution or consultancy. • Working knowledge of UAE regulatory expectations and international AML frameworks (e.g., FATF, Wolfsberg). • Familiarity with transaction monitoring systems (e.g., Actimize, SAS AML, FICO, or similar platforms). • Strong analytical skills and attention to detail in identifying suspicious patterns or potential financial crime. • Proven ability to manage high alert volumes and meet daily review targets. • Clear written communication skills, particularly in drafting alert closures and escalation justifications. • Self-motivated and able to work effectively in a fast-paced, target-driven project environment. Preferred Qualifications • Bachelor’s degree in Finance, Business, Law, or a related field. • AML certifications such as CAMS, ICA, or equivalent are desirable. • Arabic language proficiency is a plus, but not required. What’s on Offer • Opportunity to contribute to a high-impact financial crime project. • Work with a leading bank or consultancy operating in the UAE. • Competitive contract day rate. • Exposure to regional AML regulatory practices and large-scale alert environments.