Capitex

Specializes in rapid FCC staffing solutions

Systems Specialist - Net Reveal

Financial Crime & AMLConfirmed live in the last 24 hours

Full-timeManama, BahrainNo salary listedIn-person

About the Job

Requirements

Ability to configure system parameters and detection scenarios in NetReveal to improve risk identification and reduce false positives.
Knowledge of regulatory requirements and compliance policies relevant to financial crime prevention systems.
Ability to analyze system alerts, data patterns, false positives, detection models, customer scoring algorithms, and transaction data.
Ability to integrate NetReveal with external data sources, case management tools, and reporting systems.
Ability to conduct regression testing and establish quality assurance processes for system-generated alerts.
Ability to document system configurations, tuning strategies, changes, and best practices.
Ability to provide technical subject matter expertise during audits, regulatory inspections, and internal reviews.

Responsibilities

Evaluate NetReveal Transaction Monitoring and Customer Risk Assessment systems to ensure optimal performance.
Configure detection rules, scenarios, thresholds, customer scoring models, and alerts to identify suspicious activity and assess customer risks while reducing false positives.
Ensure system functionality complies with regulatory requirements and group-wide policies, and collaborate with compliance teams on regulatory updates.
Analyze alerts and data patterns, identify root causes of false positives, and improve detection and risk assessment processes.
Prepare reports on system performance, alert trends, and tuning activities, and provide regular updates to stakeholders.
Coordinate with IT, compliance, operations, and business units to integrate NetReveal functionality with organizational needs.
Conduct periodic evaluations of detection models and customer scoring algorithms, and test and tune them to reflect risk appetite and regulatory requirements.
Monitor risks arising from system configurations or outdated rules and implement mitigating actions.
Maintain change logs for traceability and compliance.
Identify opportunities to automate alert handling and rule management.
Monitor high-priority risk alerts and ensure real-time monitoring functions effectively, resolving performance issues proactively.
Train internal stakeholders to improve their understanding and use of the system.
Use analytical methods to identify patterns in transaction data and improve scenario efficacy; use machine learning or statistical methods to refine risk scoring and anomaly detection.
Liaise with third-party vendors or consultants to coordinate system enhancements.

Systems Specialist - Net reveal

Capitex · Manama, Bahrain · Contract · Posted 2025-06-02

Workplace: on_site

Description

To enhance and optimize the performance of the group-wide NetReveal platform for Transaction Monitoring System and Customer Risk Assessment. This role involves configuring detection scenarios, reducing false positives, maintaining compliance with regulatory standards, and improving the operational efficiency of financial crime prevention processes.

Perform routine evaluations of NetReveal's Transaction Monitoring and Customer Risk Assessment systems to ensure optimal performance.

Configure system parameters and detection scenarios to enhance risk identification and reduce false positives.

Ensure the system adheres to local / international regulatory requirements, and group-wide compliance policies.

Collaborate with group-wide compliance teams to align system functionality with regulatory updates.

Analyze system-generated alerts and data patterns to identify opportunities for improvement in detection and risk assessment processes.

Create detailed reports highlighting system performance, alert trends, and key tuning activities.

Work closely with IT, compliance, operations, and business units to ensure seamless integration and alignment of NetReveal's functionalities with organizational goals.

Act as a technical subject matter expert (SME) during audits, regulatory inspections, and internal reviews.

Establish and maintain quality assurance processes to verify the accuracy and reliability of system-generated alerts.

Conduct periodic evaluations of detection models and customer scoring algorithms for group-wide.

Monitor potential risks arising from inadequate system configurations or outdated rules and implement appropriate mitigating actions.

Maintain comprehensive logs of changes to ensure traceability and compliance.

Specific Accountabilities:

Develop and optimize detection rules and scenarios in NetReveal's Transaction Monitoring System to identify suspicious activities effectively for the group-wide.

Configure customer scoring models in the Customer Risk Assessment module to accurately assess individual and entity risks. for the group-wide.

Analyze the root causes of false positives and implement strategies to reduce them without compromising detection quality.

Regularly monitor and adjust detection thresholds and scoring algorithms.

Ensure seamless integration with external data sources, such as regulatory databases, customer data repositories, and transaction data feeds.

Regularly test and fine-tune scenarios and models to reflect the organization’s risk appetite and regulatory requirements.

Conduct regression testing after updates to validate expected system performance and accuracy.

Identify opportunities to automate repetitive tasks, such as alert handling and rule management, to improve efficiency.

Integrate the NetReveal system with downstream processes, such as case management tools and reporting systems.

Configure and monitor alerts for high-priority risks, such as suspicious transaction patterns or high-risk customer profiles.

Ensure real-time monitoring capabilities are functioning effectively and provide proactive resolution for performance issues.

Develop and maintain comprehensive documentation on system configurations, tuning strategies, and best practices.

Provide training sessions for internal stakeholders to improve understanding and utilization of the system.

Use advanced analytical techniques to identify hidden patterns in transaction data and improve scenario efficacy.

Leverage machine learning or advanced statistical methods to refine customer risk scoring and anomaly detection.

Performance Monitoring:

Prepare regular updates and reports for stakeholders

Vendor Management:

Liaise with third-party vendors or consultants, for co-ordination for any system enhancement

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About the Company

Capitex

Specializes in rapid FCC staffing solutions

Capitex Global provides staffing and recruitment services focused exclusively on financial crime compliance (FCC). Its offerings include Rapid Response Teams that deploy interim specialists within days to handle surges and remediation, Executive Search for discreet global permanent hires, and an Early Careers Programme to train and place emerging FCC professionals. Clients are banks, fintechs, and regulated firms, and Capitex supports them by providing pre-vetted talent across AML, KYC, sanctions, transaction monitoring, fraud, and ABAC, with deployments often in 24–48 hours. The goal is to help financial institutions scale their compliance functions quickly and effectively to meet regulatory requirements and manage financial crime risk.

Company size: 11-50
Company stage: Not listed
Total funding: Not listed
Headquarters: London, United Kingdom
Founded: 2021

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