Transaction Monitoring Analytics Consultant

OverviewJob Title: Transaction Monitoring Analytics Consultant (Contract)  Location: Dubai, UAE  Engagement Type: Contract (Consulting Assignment)  Industry: Banking / Financial ServicesWe are seeking an experienced Transaction Monitoring Analytics Consultant to 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 ResponsibilitiesDesign, enhance, and optimize transaction monitoring scenarios and rules across AML systemsPerform threshold tuning and calibration to balance detection efficiency and false positive ratesConduct model validation and performance assessments for transaction monitoring frameworksAnalyse large datasets to identify trends, typologies, and gaps in existing monitoring controlsSupport the development and implementation of new detection scenarios based on emerging risks and regulatory expectationsCollaborate with compliance, technology, and data teams to ensure effective system integration and deploymentDocument methodologies, assumptions, and validation results in line with regulatory standardsProvide insights and recommendations to improve overall financial crime risk management frameworksKey RequirementsProven experience in transaction monitoring, AML analytics, or financial crime consultingStrong hands-on expertise with transaction monitoring systems (e.g., Actimize, Fircosoft, SAS AML, or similar)Experience in model validation, scenario design, and threshold optimisationProficiency in data analysis tools (SQL, Python, SAS, or similar)Solid understanding of AML regulations and typologies (preferably within banking environments)Ability to translate complex analytical findings into actionable business recommendationsStrong stakeholder management and communication skillsPreferred QualificationsExperience working with Middle East banking clients or regulatorsFamiliarity with risk-based approaches and regulatory expectations in the UAEBackground in consulting or project-based environmentsWhat You’ll DeliverMore effective and efficient transaction monitoring rulesReduced false positives without compromising risk coverageClear, defensible model validation and documentationTangible improvements in financial crime detection capabilityContract DetailsCompetitive day rate (dependent on experience)Initial contract with potential extensionOn-site / hybrid working model in Dubai#J-18808-Ljbffr