Transaction Monitoring Analytics Consultant

Client of Capitex

Location: Dubai, UAE (On-site / Hybrid)

Contract Duration: 6 Months (with potential extension)

Overview

We are seeking an experienced Transaction Monitoring Analytics Consultant to support a financial institution in Dubai on a 6-month contract. The consultant will focus on optimising and tuning transaction monitoring rules and thresholds to improve detection of suspicious activity while reducing false positives.

The role requires strong expertise in AML transaction monitoring systems, data analysis, and model/rule optimisation, working closely with Financial Crime, Compliance, and Data teams.

Key Responsibilities

• Analyse existing transaction monitoring rules and scenarios to assess effectiveness and performance.
• Conduct threshold tuning and optimisation to improve alert quality and reduce false positives.
• Perform data-driven analysis of transaction patterns and alert outcomes.
• Evaluate rule efficiency and detection coverage against typologies and regulatory expectations.
• Develop and test new scenarios or rule enhancements where gaps are identified.
• Produce analytics, dashboards, and reports to support tuning decisions.
• Support model validation, documentation, and governance requirements.
• Collaborate with Compliance, Financial Crime, and Technology teams to implement rule changes.
• Assist with UAT testing and deployment of updated monitoring thresholds or rules.
• Ensure alignment with UAE regulatory expectations and AML best practices.

Required Experience

• 5+ years of AML / Financial Crime experience, with strong exposure to transaction monitoring systems.
• Proven experience with threshold tuning, scenario optimisation, or TM model calibration.
• Experience working with systems such as:
• Actimize
• SAS AML
• FICO TONBELLER
• Oracle FCCM
• or similar transaction monitoring platforms
• Strong data analytics capability (SQL, Python, R, SAS, or similar).
• Ability to interpret alert performance metrics and detection efficiency.
• Experience working with large transaction datasets.

Preferred Experience

• Experience with UAE / GCC regulatory frameworks.
• Background in banking, fintech, or consulting environments.
• Familiarity with AML typologies, risk-based monitoring approaches, and model governance.

Deliverables

• Transaction monitoring rule performance analysis
• Threshold optimisation recommendations
• Scenario tuning documentation
• Reduction in false positives while maintaining detection coverage
• Implementation support and post-deployment performance monitoring

Skills

• Transaction Monitoring Analytics
• AML / Financial Crime Compliance
• Data Analysis & Statistical Methods
• SQL / Python / SAS / Data tools
• Stakeholder Management