Compliance Officer.Compliance-AML Unit.41.Compliance Group at Mashreq Careers

, , United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

04 Jul, 26

Salary

0.0

Posted On

06 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Transaction monitoring, AML investigations, Risk assessment, Regulatory compliance, Financial crime prevention, SAS AML system, Reporting, Data analysis, Banking regulations, Communication, Decision making, Planning, Negotiation, Teamwork, Documentation, Customer profile analysis

Industry

Banking

Description

* Review and analyze transaction monitoring alerts generated through the SAS AML system in accordance with the AML Standard Operating Procedures (SOPs) and within stipulated turnaround times (TATs). * Conduct detailed investigations on alerted cases, including customer profile analysis, transactional behavior review, and risk assessment. * Prepare high‑quality Suspicious Activity/Transaction Reports (SARs/STRs) and ensure timely submission to the Central Bank (CB) in line with regulatory requirements. * Provide comprehensive, accurate, and well‑documented analysis to support the AML Investigations Team during case review and escalation stages. * Identify and highlight key Financial Crime risks, unusual patterns, or red flags identified during customer account reviews to the Line Manager and/or Head of Transaction Monitoring (or delegate). * Monitor the EE/SAS AML system on an ongoing basis and conduct appropriate reviews to facilitate alert closure, escalation, or further investigation as required. * Escalate any identified compliance policy breaches, financial crime concerns, or suspicious activities to the Line Manager in a timely and effective manner. * Conduct AML enquiries and investigations based on directives received from the Compliance Manager, ensuring adherence to internal policies and regulatory standards. * Handle referrals received from business units in accordance with the bank’s policies, ensuring no breach of established processes or guidelines. * Maintain proper documentation and audit trails for all reviews, investigations, and reporting activities. 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.

Responsibilities

The Compliance Officer is responsible for reviewing and analyzing transaction monitoring alerts using the SAS AML system to identify and investigate potential financial crime risks. They must prepare and submit high-quality Suspicious Activity Reports to the Central Bank while ensuring all activities adhere to internal policies and regulatory standards.