Senior Consultant – Data Analytics & Transaction Monitoring Scenario Tuning

About the role

We are seeking a Senior Consultant to support a leading UAE bank in assessing, tuning, and enhancing its Transaction Monitoring (TM) scenarios and broader data analytics processes. The role focuses on improving scenario effectiveness, reducing false positives, and supporting an upcoming TM system upgrade.

Key responsibilities

• Assess existing TM scenarios, thresholds, alert volumes, analyst workload, QA findings, STR/SAR conversion rates, and regulatory observations.
• Support remediation of findings raised by Internal Audit, Model Risk Management, regulators, and external reviewers.
• Review and enhance typology coverage assessment, identify scenario gaps, and perform ad‑hoc parameter tuning.
• Conduct pre‑ and post‑tuning analysis, document methodology, results, and recommendations.
• Assist with TM‑related data profiling, reconciliation, validation, data quality assessment, and issue remediation.
• Support the TM system upgrade – business requirements, data mapping, testing, UAT, regression testing, and post‑implementation support.

Required profile

• Minimum 3 years' experience in transaction monitoring, AML analytics, scenario tuning, model validation, or financial crime compliance at UAE banks or similar institutions.
• Strong understanding of AML/CFT, sanctions, proliferation financing, and relevant financial crime typologies (UAE experience preferred).
• Experience analysing transaction, customer, alert, and scenario performance data.
• Experience supporting audit, regulatory, or model validation remediation.

Required skills

• Proficiency in SQL.
• Advanced Microsoft Excel.
• Data visualisation tools such as Power BI or Tableau.
• Knowledge of Python, R, SAS or similar analytical tools (advantageous).
• Familiarity with SAS transaction monitoring.