[Hiring] Senior Associate- Ops- Regulatory and Compliance @Mashreq

Role Description

Scrutinize the payments alert generated in Fircosoft system and move payment transactions to checker queue with appropriate decision in screening systems for Incoming/Outgoing payment messages to safeguard bank interest on compliance and worldwide Anti-Money Laundering policy and avoid risk on worldwide compliance issues.

• Monitor & Control of all control activities and fulfill regulatory requirements of the bank and regulatory authorities.
• Continuous monitoring Fircosoft System to clear transactions from Maker queue as per specified cutoffs.
• Ensuring completion of daily control and functional checklist (DCFC) activity without fail.

Qualifications

• Extensive knowledge and understanding of General Banking/Cheque payments/Inward and outward payments sanctions screening of (MT103, MT202, MT199, MT400 and MT700 Series messages) and anti-money laundering environment and regulatory policy of various countries.
• Good working knowledge of Swift and Mashreq processes and systems.
• Excellent communication and interpersonal skills.
• 2-4 years’ experience in banking operations with hands-on experience as a checker role requiring all-round banking skills and technical expertise.
• Expertise and specialization in interpreting banking regulations, laws, anti-money laundering regulations, etc.

Requirements

• Explore & raise the possibility of issues on various products at CPC/IBG in accordance with the bank compliance policy and maintain current knowledge of existing/emerging legal/statutory/regulatory environment which could impact the bank.
• Complete all mandatory courses, assignments and strengthen understanding of compliance with legal/statutory requirements and corporate policies.
• Constant monitoring on Fircosoft System in reviewing and releasing the alerts generated with good quality processing.
• Ensure that all transactions are processed as per SOP and bank policy within agreed TAT and with Zero error/tolerance.

Company Description