Transaction Monitoring Analytics Consultant

Job Title: Transaction Monitoring Analytics Consultant (Contract)

Location:Dubai, UAE
Engagement Type:Contract (Consulting Assignment)
Industry:Banking / Financial Services

Overview

We are seeking an experiencedTransaction Monitoring Analytics Consultantto support a leading bank in Dubai on a high-impact financial crime compliance initiative. This role focuses on enhancing, building, and optimizing transaction monitoring systems to improve detection capabilities, reduce false positives, and ensure regulatory alignment.

You’ll be stepping into the engine room of financial crime prevention—tuning the signals, refining the filters, and making sure nothing suspicious slips through the cracks.

Key Responsibilities

• Design, enhance, and optimizetransaction monitoring scenarios and rulesacross AML systems
• Performthreshold tuning and calibrationto balance detection efficiency and false positive rates
• Conductmodel validation and performance assessmentsfor transaction monitoring frameworks
• Analyse large datasets to identify trends, typologies, and gaps in existing monitoring controls
• Support the development and implementation ofnew detection scenariosbased on emerging risks and regulatory expectations
• Collaborate with compliance, technology, and data teams to ensure effective system integration and deployment
• Document methodologies, assumptions, and validation results in line with regulatory standards
• Provide insights and recommendations to improveoverall financial crime risk management frameworks

Key Requirements

• Proven experience intransaction monitoring, AML analytics, or financial crime consulting
• Strong hands-on expertise withtransaction monitoring systems(e.g., Actimize, Fircosoft, SAS AML, or similar)
• Experience inmodel validation, scenario design, and threshold optimisation
• Proficiency indata analysis tools(SQL, Python, SAS, or similar)
• Solid understanding ofAML regulations and typologies(preferably within banking environments)
• Ability to translate complex analytical findings into actionable business recommendations
• Strong stakeholder management and communication skills

Preferred Qualifications

• Experience working withMiddle East banking clients or regulators
• Familiarity withrisk-based approaches and regulatory expectations in the UAE
• Background in consulting or project-based environments

What You’ll Deliver

• More effective and efficient transaction monitoring rules
• Reduced false positives without compromising risk coverage
• Clear, defensible model validation and documentation
• Tangible improvements in financial crime detection capability

Contract Details

• Competitive day rate (dependent on experience)
• Initial contract with potential extension
• On-site / hybrid working model in Dubai