MashreqBank_Compliance Group-MBEGP at Mashreq Careers

, , Egypt -

Full Time

Start Date

Immediate

Expiry Date

21 Mar, 26

Salary

0.0

Posted On

21 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sanctions Regulations, Compliance Policies, Risk Management, Investigation Skills, Record Keeping, Communication Skills, Analytical Thinking, Team Collaboration, Attention to Detail, Training Skills, Problem Solving, Reporting Skills, Client Coordination, Regulatory Knowledge, Confidentiality, Project Assistance

Industry

Banking

Description

Interpret domestic and international sanctions (UAE, US, UK, EU, UN etc.) and maintain sufficient awareness and knowledge of Sanctions that impact the bank and/or its branches or subsidiaries. Conduct investigation of complex and high-risk Sanctions alerts as per the regulatory requirements and in accordance with internal Compliance policies and procedures. Ensure full adherence to Group Sanctions Policy, including but not limited to related Sanctions Guidance and operating procedures. Support Compliance Team Leader in identifying Sanctions risk themes and trends and improve sanctions risk management capability. Key result Areas Review and disposition of Sanctions screening alerts through effective investigation and adherence to policies, standards and procedures. Highlight concerns, trends and patterns to Compliance Manager. Coordinate with the business units in relation to resolution of alerts and client information. Handle Sanctions referrals as per the Bank’s policy, ensuring no breach of the applicable sanctions policies, standards and guidance. Assist Compliance Manager in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Sanctions. Provide guidance, support and training to Compliance Operations alert review team and business colleagues on implementation of sanctions policies and procedures. Provide effective support and maintain metrics as per internal procedures; prepare monthly and adhoc management reports. Identify and escalate areas requiring attention or strengthening and recommend changes and improvements in line with industry standards and applicable regulations. Record keeping All records of the unit must be kept in a confidential and secure state Adhere to record retention policy and the SOP guidelines Maintain effective working relationships with Business, Operations and other Compliance functions. Assist in Compliance projects as and when required including effective deployment of system and procedural changes as required. Knowledge, skills and experience 4 + years banking experience including 1-2 years compliance experience in relevant areas Compliance risk professional with experience in one or more risk compliance roles including relevant Sanctions experience. Knowledge of Sanctions regulations and guidances. Lateral thinker with an ability to interpret and solve complex issues

Responsibilities

The role involves interpreting domestic and international sanctions and conducting investigations of complex sanctions alerts. Additionally, it requires ensuring adherence to the Group Sanctions Policy and supporting the Compliance Team Leader in identifying sanctions risk themes.