Manager Compliance Assurance

About the role

Mashreq Global Network Pakistan is looking for a Manager Compliance Assurance to contribute to an effective Assurance framework within Compliance and provide assurance to Compliance Senior Management on the effectiveness of the Compliance Program. The role also oversees key compliance risks so that regulations, standards and procedures are met, escalates critical issues promptly, and works with other Compliance verticals to ensure internal controls work effectively.

Key responsibilities

• Assist in developing and implementing an independent Quality Assurance framework across the Compliance function, including international locations.
• Carry out periodic reviews as part of monitoring and testing to ensure bank procedures and policies remain compliant, giving guidance where needed.
• Conduct independent validation of Compliance systems (screening, payment and transaction monitoring).
• Track implementation of recommendations and regularisation of exceptions found in periodic assessments.
• Share insights and best practices, and guide other compliance units in finalising their procedures.
• Assist Head Office Compliance in the annual review and update of AML/KYC/Sanctions and ABC policies.
• Promote a positive compliance culture, track adherence to planned training and help incorporate assessment findings and regulatory updates into training materials.
• Support the Unit Manager and Group Head of Compliance on strategic initiatives and represent Compliance in projects as directed.

Required profile

• Graduate with 10+ years of banking experience, including at least 5 years in financial crime, including sanctions compliance.
• Good knowledge of local AML/CFT rules and legislation and international best practice.
• Excellent knowledge of international, OFAC, EU and UN sanctions.
• ACAMS certified or another recognised certification.
• Organisational awareness of risks, products, processes and controls.
• Clear understanding of business transactions and relationships, with analytical problem-solving skills.

Required skills

• Technical knowledge of screening filters for customer screening and payments, and transaction monitoring systems.
• Computer literacy with good knowledge of MS Excel and compliance systems.
• Good command of spoken and written English and presentation skills.