[Hiring] Assistant Manager AML/KYC @Mashreq

Role Description

The AML/KYC Analyst is responsible for executing end‑to‑end AML and KYC controls for foreign correspondent bank relationships within a U.S. intermediary bank. The role includes performing:

• Customer Identification Program (CIP) procedures
• Customer Due Diligence (CDD)
• Enhanced Due Diligence (EDD)
• Adverse Media Screening
• Transaction Monitoring Investigations

The analyst applies a risk‑based approach in compliance with U.S. regulatory requirements and MBNY internal policies.

Qualifications

• 4-5 years of AML/KYC experience, with strong focus on foreign correspondent banking
• Experience within a U.S. bank or U.S. branch/agency of a foreign bank preferred
• Deep knowledge of:
• Correspondent banking risk typologies
• Cross‑border payment flows and clearing activity
• Nested correspondent and PTA risks
• CIP, CDD, and EDD execution
• Transaction monitoring alert investigations
• SAR drafting and decisioning
• Wolfsberg CBDDQ and risk rating methodologies

Requirements

• Perform CIP verification for foreign correspondent banks in accordance with the USA PATRIOT Act and internal onboarding standards
• Conduct initial and periodic CDD reviews for foreign correspondent banking relationships
• Perform EDD reviews for high‑risk correspondent banks in compliance with PATRIOT Act Section 312
• Conduct and analyze adverse/negative news screening, sanctions screening, and PEP checks
• Review and investigate transaction monitoring alerts related to correspondent banking activity
• Identify and escalate control gaps and significant changes in risk profile
• Ensure full alignment with regulatory requirements including BSA and OFAC sanctions
• Work closely with MBNY KYC Team, Sanctions Team, and AML Investigations

Company Description

The leading financial institution in MENA, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services.

Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.