Assistant Manager - AML Transaction Monitoring

About the role

Mashreq Digital Bank Pakistan's MLRO function needs an Assistant Manager to support its AML Transaction Monitoring and Customer Due Diligence (CDD) framework. The role reviews alerts, conducts investigations and ensures compliance with SBP AML/CFT/CPF Regulations and Mashreq Group standards.

Key responsibilities

• Review and analyse alerts from AML Transaction Monitoring systems for retail and business banking customers, and conduct initial investigations with supporting documentation.
• Determine alert disposition in line with internal SOPs, escalate potential suspicious activity to the Senior Manager for STR/SAR consideration, and meet SLAs.
• Assist in tuning and testing AML scenarios and thresholds, and support new monitoring scenarios including country-specific risk indicators.
• Perform periodic and event-driven CDD reviews for high-risk customers such as PEPs and DNFBPs, validate source of funds and wealth documentation for EDD, and ensure CDD records are complete and accurate.
• Liaise with Business, Operations, Customer Service and Technology teams to obtain information needed for investigations and CDD reviews.
• Support identification of emerging financial crime risks, prepare management information, regulatory data requests and periodic reports on AML investigations and CDD.
• Ensure adherence to SBP regulations and group AML policies, take part in internal reviews and audits, and contribute to compliance projects.

Required profile

• Bachelor's degree in Finance, Business, Economics or a related field.
• Preferably CAMS certified.
• 3-4 years of experience in AML Transaction Monitoring and CDD reviews.
• Strong analytical and investigative skills, ability to work under pressure and meet deadlines, and effective communication with stakeholders.

Required skills

• Good understanding of AML/CFT risks and SBP regulatory requirements.
• Familiarity with AML monitoring systems and case management tools.
• Knowledge of CDD/EDD processes and documentation standards.
• Ability to document investigation rationale clearly and accurately.