Mashreq Bank
Manager Compliance - AML.Injaz-Compliance-AML Unit.41.Compliance Group
🇦🇪 UAE, UAE🏢 On-site
AMLCAMSKYCgoAMLFinancial CrimeMS ExcelBusiness ObjectData Analytics
At a Glance
- Category
- 🏦 Finance & Banking
- Level
- Senior
- Experience
- 10+ years
- Type
- Full-time
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- Assist Manager in monitoring compliance to statutory regulations/guidance notes issued by the UAE Central Bank &/or other regulatory authorities.
- Must pro-actively and promptly escalate any critical issues to ensure that the bank is not investigated, charged, fined or publicly castigated by either UAE Central Bank or any other regulatory authority.
- Review, assess, and oversee freeze, unfreeze, confiscation, search requests, and other regulatory/LEA cases received through IEMS, CIR/CBR, goAML and relevant channels, ensuring accurate and timely handling in accordance with the AML-RRU SOP and prescribed TATs.
- Overseeing end-to-end case management, including quality review, completeness of responses, appropriate escalation, and timely submission to the respective regulatory authorities and LEAs within stipulated deadlines.
- Train and provide guidance to AML Unit including complex investigation team.
- Manage Team Productivity and meet the required target.
- Manage the available resources effectively by creating a well built and dynamic team.
- Manage complex investigations within AML Unit by providing guidance on complete quality analysis for the reviewed cases at the analysis stage.
- Highlight any key Financial Crimes risk throughout the review and analysis of customers’ account to the senior management in the form of Intelligence / Complex Investigation Reports.
- Support MLRO / Delegate for filing STR / SAR with the FIU
- Engage with First Line of Defense (Business Segments) and Auditors on matters related to financial crime risks, due diligence and customer relationship management
- Graduate with at least 10 years of AML Transactions Monitoring and Investigations experience
- CAMS Certified/other recognized certification is a plus.
- Market knowledge of IT tools/ software used for AML monitoring system.
- Organizational awareness including working knowledge or risks, products, processes, and controls.
- Strong knowledge of AML/CFT regulatory requirements, with particular understanding of regulatory and Law Enforcement Agency (LEA) requirements relating to freeze, unfreeze, confiscation, information/search requests and other regulatory directives.
- Sound understanding of CBUAE, UAE FIU/goAML and LEA requirements, together with applicable AML/KYC policies, procedures and regulatory timelines.
- Good understanding of AML case-management and banking systems, including IEMS, CIR/CBR, goAML, core banking and other relevant investigation/monitoring tools.
- Demonstrable experience handling complex and sensitive regulatory/LEA cases, including freeze, unfreeze, confiscation and information/search requests.
- Computer literate with good knowledge of MS Excel and Business Object (BO) reports.
- Knowledge on Data Management and Data Analytics is a plus.
- Excellent command over spoken and written English.
- Team player and leader, good communication and inter-personal skills.
- Adherer to timelines and ability to work under pressure.
- Customer Centric/Focus.
- Attention to details & quality.
- Analytical thinking and problem solving.
- Report writing and presentation skills
Requirements
- •Graduate degree
- •At least 10 years of AML Transactions Monitoring and Investigations experience
- •CAMS Certified or other recognized certification is a plus
- •Strong knowledge of AML/CFT regulatory requirements
- •Sound understanding of CBUAE, UAE FIU/goAML and LEA requirements
- •Good understanding of AML case-management and banking systems
- •Computer literate with good knowledge of MS Excel and Business Object (BO) reports
- •Excellent command over spoken and written English
Nice to Have
- •Knowledge on Data Management and Data Analytics is a plus
Responsibilities
- •Assist Manager in monitoring compliance to statutory regulations/guidance notes issued by the UAE Central Bank
- •Pro-actively and promptly escalate critical issues to avoid investigations, charges, or fines
- •Review, assess, and oversee freeze, unfreeze, confiscation, search requests, and other regulatory/LEA cases
- •Oversee end-to-end case management, including quality review and timely submission to authorities
- •Train and provide guidance to AML Unit including complex investigation team
- •Manage Team Productivity and meet required targets
- •Manage complex investigations by providing guidance on complete quality analysis
- •Highlight key Financial Crimes risks to senior management via Intelligence / Complex Investigation Reports
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Spot the Problem
- Find what's costing you interviews at Mashreq Bank
- Get every weak line rewritten
- Download a CV written for the Gulf
Free check in 60 seconds. Fixes $5.88 one-time, only if you want them.
GCC Info
Company
Mashreq Bank
5000+ employees
Mashreq Bank offers a wide range of banking products and services, including retail, corporate, and investment banking. It serves individuals and businesses across the UAE and internationally.