✨ AI Summary
Mashreq is seeking a Manager Compliance - AML (UAE National) to ensure ongoing compliance with AML & CTF regulations and the legal environment. This role involves providing expert advice, escalating critical issues, and collaborating with regulatory bodies like the UAE Central Bank. The Manager will lead complex investigations, manage and train AML Unit teams, ensure team productivity, and effectively manage resources. Key responsibilities include conducting quality analysis of reviewed cases, reporting on financial crimes risks, and supporting the filing of Suspicious Transaction Reports (STR) and Suspicious Activity Reports (SAR) with the Financial Intelligence Unit (FIU). The role also requires engagement with the First Line of Defense and Auditors on financial crime risks, due diligence, and customer relationship management.
Requirements
The Manager Compliance - AML role requires ongoing awareness of AML & CTF regulations, providing advice and guidance to staff and business units, and escalating critical issues to regulatory authorities. The role involves leading investigations, managing teams, ensuring quality analysis of reviewed cases, highlighting financial crime risks, and supporting the filing of STR/SAR. Collaboration with the First Line of Defense and Auditors on financial crime risks, due diligence, and customer relationship management is essential.
Description
Maintain ongoing awareness/knowledge of all applicable internal/external AML & CTF requirements and existing/emerging legal/statutory environment - identifying any issues that could impact bank.Provide AML advice and guidance to the other ECF staff members/ business & operations.Promptly escalate any critical issues to ensure that the Bank is not investigated, charged, fined or publicly castigated by any of the regulatory authorities and/or international bodies for breach of AML & CTF controls.- Assist Manager in monitoring compliance to statutory regulations/guidance notes issued by the UAE Central Bank &/or other regulatory authorities.- Must pro-actively and promptly escalate any critical issues to ensure that the bank is not investigated, charged, fined or publicly castigated by either UAE Central Bank or any other regulatory authority.- Lead complex, proactive, intelligence-driven investigations, leveraging resources from across the Group to support investigations involving multiple geographies or financial crime typologies.- Lead the Respective Teams in AML Unit in HO.- Train and provide guidance to AML Unit including complex investigation team.- Manage Team Productivity and meet the required target.- Manage the available resources effectively by creating a well built and dynamic team.- Manage complex investigations within AML Unit by providing guidance on complete quality analysis for the reviewed cases at the analysis stage.- Highlight any key Financial Crimes risk throughout the review and analysis of customers account to the senior management in the form of Intelligence / Complex Investigation Reports.- Support MLRO / Delegate for filing STR / SAR with the FIU- Engage with First Line of Defense (Business Segments) and Auditors on matters related to financial crime risks, due diligence and customer relationship management