Assistant Compliance Manager - Sanctions Unit
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
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.
Key Skills for This Role
Full Job Posting
Overview
- 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 senior Compliance Manager in identifying Sanctions risk themes and trends and improve sanctions risk management capability.
- Provide subject matter expertise to mitigate risks associated with Sanctioned entities and transactions.
- Provide training to Compliance staff on Sanctions regulations and screening systems.
- 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 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.
Experience
- 5+ years banking experience including 3 years compliance experience.
- Clear understanding of relevant business and operations processes that support sanctions screening.
- Good understanding of core banking and Sanctions screening systems and their interaction / use.
- Compliance risk professional with experience in one or more risk compliance roles including relevant Sanctions experience.
- Knowledge of Sanctions regulations and guidance.
- Lateral thinker with an ability to interpret and solve complex issues.
- Excellent communicator with strong inter-personal and influencing skills.
- Proficiency in Microsoft Office and data analysis tools.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Mashreq
Officer, Payment Operations.OPS - Inward Remittances Centre.Operations Group
Abu Dhabi, UAE
Mashreq is seeking an Officer for Payment Operations in the Inward Remittances Centre in Abu Dhabi. The role involves first-level checking and scrutiny of outward payments, inward payments, clearing, collections, payroll
Senior Customer Service Officer.CXC - RBG - Direct Banking Center.Client Experience and Conduct Group
Abu Dhabi, UAE
Mashreq is hiring a Senior Customer Service Officer for its Direct Banking Center in Abu Dhabi. The role involves handling inbound and outbound calls, chat, and email to assist customers with banking needs, resolve issue
Officer, Credit Operations.Retail Ops - Lending Ops - UnSecured Loans.Operations Group
Abu Dhabi, UAE
Mashreq is seeking a Credit Operations Officer to handle loan document verification, disbursement, and servicing for mortgage, SME, and auto loans. The role requires 1-3 years of experience in banking operations and stro
SEVP - Traded & Treasury Credit Risk.CM Corporate Credit.Credit Management
Abu Dhabi, UAE
Mashreq seeks an SEVP to lead Traded and Treasury Credit Risk frameworks across all geographies. The role manages end-to-end credit lifecycle for counterparty credit risk from Treasury, Markets, and Trading activities, r
Relationship Manager, Deposits & employee banking.Injaz - RBG - Emirati Deposits Team.Retail Banking Group
Abu Dhabi, UAE
Mashreq is seeking a Relationship Manager for the Emirati Deposits Team in Abu Dhabi. The role focuses on onboarding quality clients for liability products, including deposits, personal loans, cards, and insurance, while
VP Learning & Development (UAE National)
Abu Dhabi, UAE
Mashreq seeks a VP of Learning & Development to lead the learning strategy for the bank. The role requires 15+ years of L&D experience, expertise in training needs analysis, and strong stakeholder management. This is a s
Senior Officer, Trade Operations.Injaz - FTC
Abu Dhabi, UAE
Mashreq is seeking a Senior Officer for Trade Operations in Abu Dhabi. The role involves due diligence on shipping documents for Letters of Credit and collections, vendor invoice checking, reconciliation, UAT on trade sy
Account Manager, Business Banking.RBU - Muraqabat branch - Business Banking.41.Retail Banking Group
Abu Dhabi, UAE
Manage a set of existing Small Enterprise relationships and originate new SE relationships in business communities. Achieve financial and non-financial objectives by meeting borrowing and non-borrowing needs of customers
Officer, Payment Operations.OPS - Inward Remittances Centre.Operations Group
Abu Dhabi, UAE
Senior Customer Service Officer.CXC - RBG - Direct Banking Center.Client Experience and Conduct Group
Abu Dhabi, UAE
Officer, Credit Operations.Retail Ops - Lending Ops - UnSecured Loans.Operations Group
Abu Dhabi, UAE
SEVP - Traded & Treasury Credit Risk.CM Corporate Credit.Credit Management
Abu Dhabi, UAE
Relationship Manager, Deposits & employee banking.Injaz - RBG - Emirati Deposits Team.Retail Banking Group
Abu Dhabi, UAE
VP Learning & Development (UAE National)
Abu Dhabi, UAE
Senior Officer, Trade Operations.Injaz - FTC
Abu Dhabi, UAE
Account Manager, Business Banking.RBU - Muraqabat branch - Business Banking.41.Retail Banking Group
Abu Dhabi, UAE