Senior Consultant Data Analytics And Transaction Monitoring Scenario Tuning
About the role
We're looking for 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 focus areas include improving scenario effectiveness, reducing false positives, strengthening typology coverage, remediating open findings, 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 the bank's typology coverage assessment process and identify potential scenario coverage gaps
Perform ad hoc scenario parameter and threshold tuning to reduce false positives without compromising risk coverage
Conduct pre- and post-tuning analysis, documenting methodology, results, and recommendations
Support TM-related data profiling, reconciliation, validation, data quality assessment, and issue remediation
Assist with the TM system upgrade — business requirements, data mapping, testing, UAT, regression testing, and post-implementation support
Coordinate closely with Compliance, TM Operations, Model Risk Management, Technology, Data Management, and system vendors
Required experience & skills
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
Proficiency in SQL, advanced Microsoft Excel, and data visualisation tools such as Power BI or Tableau
Knowledge of Python, R, SAS, or similar analytical tools is advantageous
Familiarity with SAS transaction monitoring
Strong analytical, documentation, stakeholder management, and communication skills