Lead Compliance

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Mashreq

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1967

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Mashreq is a leading financial institution based in the UAE, offering a wide range of banking services including personal, corporate, and investment banking. The bank focuses on providing innovative financial solutions to its customers and has a strong digital banking presence.

📋 Description

• Interpret domestic and international sanctions (UAE, US, UK, EU, UN etc.) and maintain sufficient awareness and knowledge of Sanctions that impact the bank and/or its branches or subsidiaries. • Conduct investigation of complex and high-risk Sanctions alerts as per the regulatory requirements and in accordance with internal Compliance policies and procedures. • Ensure full adherence to Group Sanctions Policy, including but not limited to related Sanctions Guidance and operating procedures. • Support Compliance Manager in identifying Sanctions risk themes and trends and improve sanctions risk management capability. • Review and disposition of Sanctions screening alerts through effective investigation and adherence to policies, standards and procedures. Highlight concerns, trends and patterns to Compliance Manager. • Coordinate with the business units in relation to resolution of alerts and client information. • Handle Sanctions referrals as per the Bank’s policy, ensuring no breach of the applicable sanctions policies, standards and guidance. • Provide effective support and maintain metrics as per internal procedures; prepare monthly and adhoc management reports. • Identify and escalate areas requiring attention or strengthening and recommend changes and improvements in line with industry standards and applicable regulations. • Record keeping • All records of the unit must be kept in a confidential and secure state • Adhere to record retention policy and the SOP guidelines

🎯 Requirements

• 3 + years banking experience including compliance experience. • Compliance risk professional with experience in one or more risk compliance roles including relevant Sanctions experience. • Knowledge of Sanctions regulations and guidances. • Lateral thinker with an ability to interpret and solve complex issues. • Professional qualification (like ACAMS, CGSS) is desirable.

🏖️ Benefits

• Maintain effective working relationships with Business, Operations and other Compliance functions. • Assist in Compliance projects as and when required including effective deployment of system and procedural changes as required. • Effective knowledge of the Bank’s Compliance, Sanctions, AML and KYC / CDD policies and procedures.