[Hiring] Quality Control Analyst @Mashreq

Role Description

The Quality Control (QC) Analyst is responsible for conducting independent, risk-based quality control reviews of AML, KYC, and Sanctions compliance activities supporting US intermediary and correspondent banking relationships. The role ensures compliance with the US Bank Secrecy Act (BSA), related AML regulations, and US sanctions requirements (including OFAC), and alignment with regulatory expectations applicable to US banks.

Key Responsibilities

• Quality Control & Review
  • Perform independent QC reviews of AML, KYC/CDD/EDD, and Sanctions screening work completed for US correspondent and intermediary banking clients.
  • Review customer due diligence files, risk assessments, transaction monitoring outputs, sanctions alerts, and periodic reviews for accuracy, completeness, and regulatory compliance.
  • Assess adherence to US BSA/AML requirements, OFAC sanctions regulations, internal policies, procedures, and control frameworks.
  • Validate consistency of risk ratings, rationale, and supporting documentation.
• Issue Identification & Reporting
  • Identify control gaps, regulatory deficiencies, and documentation weaknesses.
  • Clearly document QC findings, including root cause analysis and regulatory impact.
  • Escalate material issues in line with governance and escalation procedures.
  • Track remediation actions and validate corrective measures.
• Regulatory & Risk Awareness
  • Maintain strong understanding of US regulatory expectations applicable to correspondent and intermediary banking.
  • Apply a risk-based approach aligned with FFIEC guidance and industry best practices.
  • Support readiness for internal audits, regulatory exams, and management reviews.
• Stakeholder Engagement
  • Provide constructive feedback to first-line AML, KYC, and Sanctions teams.
  • Participate in discussions with Compliance stakeholders.
  • Contribute to continuous improvement of QC methodologies and control standards.
• Risk Escalation & Governance
  • Identify and escalate control gaps at respondent banks.
  • Identify and escalate significant changes in risk profile.
  • Identify and escalate potential sanctions or regulatory exposure.
• Regulatory, Audit & Exam Support
  • Ensure full alignment with Bank Secrecy Act (BSA).
  • Ensure full alignment with FinCEN CDD Rule.
  • Ensure full alignment with FFIEC BSA/AML Examination Manual.
  • Ensure full alignment with OFAC sanctions requirements.
• Stakeholder Collaboration
  • Work closely with MBNY KYC Team.
  • Work closely with MBNY Sanctions Team.
  • Work closely with AML Investigations and SAR teams.

Qualifications

• Strong working knowledge of the US Bank Secrecy Act (BSA), AML regulations, and US Sanctions / OFAC requirements.
• 4-5 years of experience performing QC, QA, independent review, or second-line oversight of AML, KYC, and Sanctions processes for US banks.
• Experience supporting correspondent banking and intermediary banking compliance activities.
• Ability to interpret regulatory guidance and apply sound compliance judgment.
• Strong analytical, documentation, and written communication skills.
• High attention to detail and ability to work independently.

Preferred Qualifications

• CAMS or equivalent AML certification.
• Familiarity with transaction monitoring and sanctions screening systems.

Company Description

The leading financial institution in MENA. While more than half a century old, 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.