Assistant Manager Compliance - AML

About the role

Mashreq Bank is looking for an Assistant Manager Compliance (AML) to review and analyse alerts generated in the SAS system according to the AML standard operating procedure, escalate cases to the investigation team when needed, and support the Manager AML with quality analysis of reviewed cases. The role also involves leading and supervising the team, training new joiners and highlighting key financial crimes risks to the line manager.

Key responsibilities

• Monitor the SAS AML system, review alerts and help close them or trigger further investigation and reporting.
• Escalate cases to the investigation team as required by the AML SOP and within the agreed turnaround times.
• Highlight compliance policy breaches, financial crimes concerns or suspicions to the line manager.
• Carry out AML enquiries and investigations on an ongoing basis when directed by the Compliance Manager.
• Assist the team manager with RCSA, QA and audit observations, validating team responses in SAS notes and following up remedial actions.
• Handle referrals from business units in line with bank policy and process guidelines.
• Complete mandatory e-learning and face-to-face trainings on time, and keep analysis records in SAS and the shared drive in line with the retention policy.
• Liaise with correspondent banks on AML-related EDD queries and build proactive relationships with business units.
• Build new automated reports under the manager's supervision and share ideas for more efficient work.

Required profile

• Graduate with 6 years of experience in AML transactions monitoring.
• CAMS certified or another recognised certification is a plus.
• Sound knowledge of banking practice, laws and the bank's policies, procedures and systems, in a regulated, multi-jurisdictional environment.
• Detailed knowledge of the bank's AML/KYC policies and of local AML/CFT rules and international best practices.
• Good understanding of business requirements for KYC/AML/CFT, fraud, sanctions and ABC.
• Ability to judge the gravity and sensitivity of transactions from an AML perspective.

Required skills

• Knowledge of SAS, Side Viewer and core banking systems and their interactions.
• Computer literacy with good knowledge of MS Excel and Business Object (BO) reports.
• Analytical thinking, attention to detail, ability to work under pressure and good command of spoken and written English.