Compliance Officer (Emiratisation)

Responsibilities

• Review and analyze the alerts triggered in SAS as per the AML SOP within the stipulated TATs.

• Prepare the Suspicious Activity Report and submit to CB on timely manner.

• Assist the AML Investigation Team by providing a 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 Line Manager and/or Head of Transactions Monitoring/delegate.

• Assist in the development, review, and updating of AML policies, procedures, and SOPs to align with regulatory changes.

• Conduct enhanced due diligence (EDD) on high-risk customers and transactions.

• Investigate complex cases involving potential money laundering, terrorist financing, or sanctions breaches.

• Monitor customer transactions for patterns indicative of financial crime using various AML tools and systems.

Experience

• Graduate with 3 years of AML Transactions Monitoring.

• CAMS Certified/other recognized certification is a plus.

• Market knowledge of IT tools/ software used for AML monitoring system.

• Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements.

• Organizational awareness including working knowledge or risks, products, processes and controls.

• Computer literate with good knowledge of MS Excel and Business Object (BO) reports.

• Good command over spoken and written English.

• Team player, good communication and inter-personal skills.

• Adherer to timelines and ability to work under pressure.

• Customer Centric/Focus.

• Attention to details & quality.

• Analytical thinking.

Responsibilities

• Monitor SAS AML System and conduct appropriate reviews to facilitate closure of alerts or further investigation/reporting.

• Highlight any Compliance Policy breaches, Financial Crimes concerns or suspicions to Line Manager.

• Conduct AML enquiries/ investigations upon directives received from the Compliance Manager on an on-going basis.

• Handle referrals received from business units as per the bank’s policy, ensuring no breach of the applicable process guidelines.

• Possesses sound knowledge of banking practice & laws and Mashreq bank’s policies / procedures / systems & controls; operates in a strictly regulated, multi-jurisdictional environment and requires in-depth knowledge of local and international regulations regarding AML.

• Detailed Knowledge of the Bank’s AML/KYC policies and procedures.

• Analytical thinking and educative judgment on AML & CTF regulations, and their bank wide implementation.

Qualifications

• UAE Nationals only to apply.

• Graduate with 3- 4 years of AML Transactions Monitoring.

• CAMS Certified/other recognized certification is a plus.

• Market knowledge of IT tools/ software used for AML monitoring system.

• Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements.

• Organizational awareness including working knowledge or risks, products, processes and controls.

• Computer literate with good knowledge of MS Excel and Business Object (BO) reports.

• Good command over spoken and written English.

• Team player, good communication and inter-personal skills.

• Adherer to timelines and ability to work under pressure.

• Customer Centric/Focus.

• Attention to details & quality.

• Analytical thinking