Assistant Manager - Operations.Compliance Operations-Perpetual Screening

Job purpose

Monitor & Control of transactions and fulfill regulatory requirements of the bank and regulatory authorities.

     Handling and monitoring Fircosoft System and total control of Referrals /Release of the messages.

Process all transactions with agreed TAT with zero error and as per bank policy and guidelines.

Ensuring completion of daily checklist activity for AM's and ensuring all the tasks are completed without fail.

Manage daily escalations and pass on feedback to users.

Allocation, Preparing reports and conducting reconciliation activity for RFI cases for all location which is UAE and IBG locations (except Egypt and Kuwait) 

Key Result Area

• Review and approve Transactions with 100 % accuracy within the established delivery standards with the agreed operating procedures.
• Escalate to compliance team if there is any sanction hit against any individual/entity or country for approval 
• Seek updates from compliance team with regards to the sanction screening.

• Identify process gaps and recommend system improvements and enhance efficiency to minimize risk and improve delivery standers.

Provide on ongoing awareness and training to existing and especially newly joined staff on all applicable internal and external compliance requirements and awareness programs that are to be developed to strengthen understanding of compliance with legal / statutory requirements and corporate policies.

Provide timely and accurate MIS / reports to Unit Manager and other units. Handling and total control of referrals/release the messages to various units.

Ensure that all transactions are processed as per SOP and as per bank policy within agreed TAT and with Zero error/tolerance. Monthly stakeholder meetings.

Knowledge Skills and Experience

Extensive knowledge and understanding of General banking/screening activities/anti-money laundering environment and regulatory policy of various countries.

Good working knowledge of Mashreq processes and systems.

Excellent communication and interpersonal skills.

8-10 years' experience in banking operations with hands on experience as a checker role requiring all-round banking skills and technical expertise. Expertise and specialize in interpreting banking regulations, laws, antimony laundering regulations, etc.

Extensive knowledge in public domain search investigation. 

Experience in PEP, Adverse media and Sanctions screening.