Senior Manager, Assurance Compliance.Compliance Assurance Unit,.Compliance Group
Mashreq
Full-time
On-site
United Arab Emirates
- Develop an effective Quality Assurance framework within Compliance.
- Provide assurance to Compliance Senior Management on the effectiveness of the Compliance Program.
- Partner with other Compliance verticals to ensure that internal controls are working effectively.
- Oversight on key compliance risk to ensure that the provision of the regulations, standard/procedures are met.
Pro-actively and promptly escalate any critical issues within Compliance and/or Business to ensure that the Bank is not investigated, charged, fined or publicly castigated by any of the regulatory authorities
- Implement an effective independent Quality Assurance framework across Compliance Function including international locations.
- Ensure implementation of recommendations & regularization of exceptions, if any, identified during periodic assessments.
- Ensure Bank’s internal procedures/policies remain compliant with regulatory change; providing guidance as necessary.
- Exchange insights and best practices.
- Provide necessary guidance to other compliance units in finalizing the relevant procedures of their respective unit.
- Assist Head Office Compliance in annual review & update of Compliance Policies – Banks’ AML/ KYC/ Sanction and ABC Policy.
- Promote positive compliance culture across the Bank. Track adherence to planned trainings submitted by ECFs. Also, liaise with ECFs to ensure that learnings from periodic assessments / regulatory updates are incorporated in training materials (as necessary).
- Assist Group Head of Compliance in the implementation of strategic initiatives.
- Represent Compliance in any project as directed by Head of Compliance.
- Solid/Strong People Management skills are essential. Should be able to manage and control the resources within the team.
Manage the available resources efficiently by creating a well-built and dynamic team.
- Graduate with 10-12 years of total banking /financial service industry experience, with at least 5 years of experience in Financial Crime.
- Good knowledge and understanding of local international best-practices/requirements.
- ACAMS Certified/other recognized certification.
- Organizational awareness including working knowledge or risks, products, processes and controls.
- Computer literate with good knowledge of MS Excel and Compliance systems/applications.
- Good command over spoken and written English.
Good presentation skills.
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.