[Hiring] AVP - Assistant Manager Compliance @Mashreq

Role Description

Support Compliance Management (Head of CIBG Compliance and Squad Lead) when assigned to support the team in handling day-to-day KYC and name screening referrals and ensuring compliance with the Bank’s KYC Standards and regulatory requirements while reviewing high risk KYCs within the agreed SLA TAT.

• Act as the point of contact with Compliance Assurance Unit and Internal Audit to facilitate the independent RCSA testing and internal audit engagements.
• Coordinate with CIBG Compliance Squad Lead to address the noted critical errors of Squad members resulting from above engagements.
• Maintain ongoing awareness/knowledge of all applicable regulations set by UAE regulators and bank Compliance policies and standards.
• Provide technical guidance, coaching, and quality assurance oversight to Compliance Officers and Analysts.
• Support Squad Lead in attending business scrums to assist business divisions in achieving their business goals.
• Act as delegated backup for the Squad Lead during periods of absence.
• Support Head of CIBG Compliance to prepare and submit management reports as guided by HO-Compliance.
• Support Head of CIBG Compliance in expediting operational risk activities.
• Act as the LEAN Champion for CIBG Compliance to ensure alignment of periodic huddle meetings with the LEAN Sustain requirements.
• Ensure timely periodic SOP review to align CIBG Compliance processes and controls with applicable regulatory or bank policy/standards updates.
• Role has solid reporting line to Head of CIBG Compliance and dotted reporting line to Squad Lead.

Qualifications

• Graduate with 5-10 years of corporate banking compliance experience.
• Knowledge and understanding of local regulatory rules and legislation, and various international requirements relevant to corporate and investment banking business.
• Computer literate with proficient command over spoken and written English.
• Good presentation skills.
• Efficient and logical risk-based approach to problem solving.
• Informed decision-making capability.

Requirements

• Analytical thinking is key and educative judgment on regulations and their branch-wide implementation.
• Clear understanding of business transactions, initiatives, and relationship requirements with close coordination with the relationship team.
• Familiarity with banking law and practices as well as MB policies and procedure and systems.
• Maintaining proactive relationships with business and operations stakeholders.

Benefits

• Timely review and updating of SOP as well as review of bank-wide compliance policies and standards.
• Lead periodic huddle meetings to raise staff awareness and ensure all staff understand their obligations.
• Timely submission of all reports/MIS on issues relating to CIBG Compliance.
• Pro-active coordination with relevant business or operations stakeholders.
• Timely and professional representation of CIBG compliance in any ad hoc projects.
• Satisfactory internal audit outcome for the role’s responsibilities.