Manager Compliance - AML.Injaz-Compliance-AML Unit.41.Compliance Group

Mashreq Corporate & Investment Banking Group

Maintain ongoing awareness/knowledge of all applicable internal/external AML & CTF requirements and existing/emerging legal/statutory environment - identifying any issues that could impact bank.Provide AML advice and guidance to the other ECF staff members/ business & operations.Promptly escalate any critical issues to ensure that the Bank is not investigated, charged, fined or publicly castigated by any of the regulatory authorities and/or international bodies for breach of AML & CTF controls.Implement AML monitoring procedures & controls. Introduce monitoring scenarios & parameters as appropriate; ensure all customer segments / products / activities are covered within the ambit of the monitoring process.Provide Head of AML & Sanctions with assurance that all controls required under AML & CTF regulations are embedded within the processes of the bank to avoid any breach and/or establishing relationship with a blacklisted party.Manage Regulatory inspections of the AML & CTF area. Act as a focal point to the examiners and facilitate trouble-free examination. Ensure implementation/regularization of recommendations, if any, within the agreed deadline(s). Keep HO Compliance updated with the progress.Maintain bank's AML & Customer Screening system at an optimum level keeping false hits/alerts volume at a reasonable level.Contribute to development of products, systems, policies and procedures, ensuring appropriate controls for AML & CTF complianceTo handle and provide guidance on AML related queries which are more intricate in nature.Undertake periodic review or self-assessment of key controls to assess the quality and effectiveness. Conduct Compliance Monitoring periodically to ensure there is no lapse of AML & CTF requirements/policies. Report findings and submit recommendations for corrective action, if required.Conduct special investigations and/or respond to the Enhanced Due Diligence queries raised by law enforcement agencies and other overseas branches/correspondent banks. Provide feedback (accurate information) within the agreed timelines.Manage the AML team resources and create positive synergies amongst the team.Solid/Strong People Management skills are essential. Should be able to manage and control the resources within the team.Manage the available resources efficiently by creating a well-built and dynamic team.Evaluate, train and motivate business/operations staff to enhance their skills and knowledge of evolving AML & CTF regulation. Establish and maintain training programs for the unit and for business/ operations in line with latest regulations.Since the appointment of this role requires a notification for Central Bank 'Approval / No objection', it is the incumbent's responsibility to maintain a cordial working relationship with the Central Bank and also act as the focal point for UAECB National Anti-Money Laundering Agency (FIU).Graduate with 10-12 years of total banking experience, with at least 5 years of experience in AML Compliance area.An understanding of how transactions settle globally.Market knowledge of IT tools/ software used for AML monitoring system.Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements.ACAMS Certified/other recognized certificationOrganisational awareness including working knowledge or risks, products, processes and controlsComputer literate with good knowledge of MS Excel and Business Object (BO) reports.Good command over spoken and written English.Good presentation skills.Efficient and logical approach to problem solving.The leading financial institution in MENAWhile more than half a century old, we proudly think like a challenger, startup, and innovatorin banking and finance, powered by a diverse and dynamic team who put customers first.Together, we pioneer key innovations and developments in banking and financial services.Our mandate? To help customers find their way to Rise Every Day, partnering with them throughthe highs and lows to help them reach their goals and unlock their unique vision of success.Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.