Assistant Vice President - AML.CoE Pakistan - Compliance-AML Unit.Compliance Group-PAKCOE

Train and provide guidance to Junior AML Analyst.

Manage the team daily/weekly/monthly target of cases closures of the team.

Review and analyze the alerts triggered in SAS as per the AML SOP within the stipulated TATs.

Escalate the cases to Investigation Team as deemed necessary and/or as per the AML SOP within the stipulated TATs.

Assist the AML Investigation Team by providing a complete quality analysis for the reviewed cases at the analysis stage.

Highlight any key Financial Crimes risk throughout the review and analysis of customers’ account to the senior management.

Ensure zero tolerance in RCSA, QA and Internal Audit observations and timely response with proper documentation and reasoning. 

Highlight and ensure implementation of new technology requirement to improve work efficiency in timely manner.

Support the Top management/ MLRO / Delegate in Regulatory Relationship Management

Optimize the TM Alert Management process.

Involve in Project with will Optimize the TM Alert Management process.

Train and provide guidance to Junior AML Analyst on systems and/or AML related cases and matters.

Ensure that the daily target of cases closures and quality of review is met without fail.

Monitor SAS AML System and conduct appropriate reviews to facilitate closure of alerts or further investigation/reporting. 

Highlight any Compliance Policy breaches, Financial Crimes concerns or suspicions to Line Manager.

Conduct AML enquiries/ investigations upon directives received from the Manager Compliance/delegates on an on-going basis. 

Handle referrals received from business units as per the bank’s policy, ensuring no breach of the applicable process guidelines.

Ensure that all the RCSA, QA and IA observations are timely responded.

Lead the team and manage the team Internal issues and maintain all record.

Highlight technology gaps and initiate / fix / modify / the same with the help of cross function teams.

Complete and ensure the Team completes all mandatory eLearning trainings and face to face trainings on time without fail. 

Record keeping:

All analysis records must be maintained in SAS and shared drive.

Adhere to record retention policy and the SOP guidelines.

Possesses sound knowledge of banking practice & laws and Mashreq bank’s policies / procedures / systems & controls; operates in a strictly regulated, multi-jurisdictional environment and requires in-depth knowledge of local and international regulations regarding AML.

Assist in maintaining pro-active relationships with business, facilitating timely involvement to ensure compliant solutions to business issues.

Liaise with correspondent banks on their AML related EDD queries.

Detailed Knowledge of the Bank’s AML/KYC policies and procedures.

Clear understanding of business requirements in relation to KYC/AML/CFT/ABC/Fraud/Sanctions.

Good understanding of main systems and their interaction/use (SAS, Side Viewer, Core Banking, …etc)

Analytical thinking and educative judgment on AML & CTF regulations, and their bank wide implementation.

Clear understanding of business transactions, initiatives and relationship requirements with close coordination with relationship teams without losing focus on risk, regulations and control issues.

Ability to assess the gravity and sensitivity of transactions, from AML perspective, and act accordingly – appropriate ‘decision-making’ ability is required.

Graduate with 12 years of AML Transactions Monitoring.

CAMS Certified/other recognized certification is a plus.

Market knowledge of IT tools/ software used for AML monitoring system.

Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements.

Organizational awareness including working knowledge or risks, products, processes and controls.

Computer literate with good knowledge of MS Excel and Business Object (BO) reports.

Good command over spoken and written English.

Team player and leader, good communication and inter-personal skills.

Adherer to timelines and ability to work under pressure.

Customer Centric/Focus.

Attention to details & quality.

Analytical thinking and problem solving.

Ability to manage people.