1. Role PurposeThe role holder is responsible for the end-to-end management, governance, and optimisation of the Bank’s FCC technology estate, including Transaction Monitoring (TM), Sanctions Screening (name and payment screening), and Customer Risk Rating (CRR) systems. The role ensures these systems remain effective, calibrated, well-governed, and aligned to CBUAE regulatory expectations and the Bank’s model governance framework and risk appetite, with strong oversight of the data feeding and flowing through them.
2. Key Responsibilities2.1 TM & Sanctions Systems Governance• Own the governance framework for all FCC systems, including system documentation, configuration baselines, access controls, and periodic attestation of system settings against approved parameters.
• Maintain the inventory of FCC models, rules, scenarios, and screening configurations, ensuring each has a documented rationale, owner, and review cycle.
• Prepare and present system performance reporting to FCC management and relevant committees.
• Ensure FCC systems and their configurations remain compliant with CBUAE AML/CFT regulations, guidance, and examination expectations.
2.2 Scenario Management & Threshold Tuning• Manage the full TM scenario lifecycle: coverage assessment against typologies and the Bank’s Enterprise-Wide Risk Assessment, scenario design, parameterization, testing, deployment, and retirement.
• Lead periodic threshold tuning and optimization exercises using statistical techniques, documenting methodology and results to a regulator-auditable standard.
• Conduct segmentation reviews to ensure customer and transaction populations are appropriately grouped for monitoring purposes.
2.3 Screening System Oversight• Oversee sanctions, PEP, and adverse-media screening configurations, including watchlist management, list-update timeliness, fuzzy-matching algorithm settings, and match-threshold calibration.
• Manage periodic screening effectiveness testing and coverage assessments against UNSC, UAE Local Terrorist List, OFAC, EU, and other applicable lists.
• Ensure payment screening covers all relevant message types, fields, and channels, and that gaps identified through testing are remediated.
2.4 CRR System Management• Administer the CRR model within its host system, ensuring risk factors, weightings, and rating logic operate as per the approved methodology.
• Coordinate periodic recalibration of the CRR model and manage the implementation of methodology changes through structured change control.
2.5 UAT & Change Management• Lead user acceptance testing for all FCC system implementations, upgrades, rule changes, and list/data source changes, including test-case design, execution, defect management, and sign-off.
• Operate a formal FCC change-management process: impact assessment, approval workflow, pre/post-implementation validation, and rollback planning.
• Act as FCC’s primary interface with IT, vendors, and project teams on system implementations and enhancements.
2.6 Model Validation Support• Act as the first line of support for independent model validations of TM, screening, and CRR models, providing documentation, data extracts, configuration evidence, and walkthroughs.
• Track validation findings and regulatory observations relating to FCC systems, own remediation plans, and evidence closure.
2.7 FCC Data Quality Oversight• Own the data-quality framework for FCC systems: define critical data elements, establish data-quality rules and KPIs, and monitor completeness, accuracy, and timeliness of data feeds into TM, screening, and CRR platforms.
• Perform periodic data reconciliation reviews between source systems and FCC platforms, escalating and remediating feed failures or truncation issues.
• Work with data owners across the Bank to remediate upstream data issues affecting monitoring and screening effectiveness.
2.8 Leadership & Stakeholder Management• Support regulatory examinations, internal audit reviews, and external assessments relating to FCC systems.
• Provide training to FCC operations teams on system functionality, new scenarios, and configuration changes.
3. Qualifications & Experience• Bachelor’s degree in a quantitative, IT, finance, or related discipline; relevant certifications preferred (CAMS, CGSS, ICA Diploma, or equivalent).
• 8–12 years of experience in financial crime compliance, with at least 5 years in a hands-on FCC systems, analytics, or model management role within banking.
• Demonstrated experience administering and tuning TM and screening platforms (e.g., SymphonyAI NetReveal, Actimize, Oracle FCCM/Mantas, Fircosoft, SAS AML) and CRR/customer risk-scoring systems.
• Data management experience: SQL proficiency, data profiling, data-quality frameworks, ETL/data-feed troubleshooting, and reconciliation; working knowledge of Python or similar analytical tooling is an advantage.
• Solid understanding of CBUAE AML/CFT regulatory requirements, FATF recommendations, and UAE sanctions obligations.
• Experience supporting or responding to independent model validations and regulatory examinations.
• Strong documentation discipline, able to produce methodology papers, tuning reports, and governance packs to an audit-ready standard.
4. Key Competencies• Analytical rigour and statistical literacy applied to alert and rule performance.
• Structured change and project management.
• Ability to translate between compliance, technology, and vendor stakeholders.
• Attention to detail with a control-ownership mindset.
