Manager Compliance, FCRA and Projects

Responsibilities

• Safeguard the bank from financial penalties and regulatory actions linked with non-adherence to Financial Crime Controls (FCC) laws and regulations
• Provide assurance that all processes and controls required to comply with AML/CFT regulations are embedded in the bank processes/procedures
• Assist with execution of an effective FCRA program to mitigate the risk of Money Laundering and Terrorist Financing, Proliferation Financing and ABC
• Facilitate external regulatory examinations, internal audits, and coordinate with business to ensure timely closure of any audit findings
• Monitor emerging money laundering trends and provide recommendations in line with the bank's risk-based AML policy, KYC Guidance and risk appetite framework
• Conduct investigations as necessary or as directed by Regulators, AML/CFT, Sanctions and HO-Compliance units
• Pro-actively recommend improvements to the framework, structure, and workings of Compliance in line with business needs and HO Compliance guidelines
• Assist HO Compliance in formulating bank-wide policies, including AML policy, Semi-Annual MLRO Report, and KYC Guidance
• Facilitate Compliance Regulatory projects and provide oversight on implementation across Mashreq locations
• Develop and maintain professional rapport with Regulatory Authorities
• Share regular updates and communications regarding regulatory developments to assist in compliance awareness
• Proactively liaise and coordinate with other Embedded Compliance Functions (ECF)
• Manage record keeping and budget expectations

Requirements

• Experience in Financial Crime Controls (FCC) laws and regulations
• Knowledge of AML/CFT and Sanctions compliance
• Experience managing FCRA and AML projects
• Ability to facilitate regulatory examinations and internal audits
• Strong investigation and recommendation skills
• Ability to manage budgets and professional relationships with regulators