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Mashreq

We are Mashreq - Inspiring you to Rise Every Day

Team Leader – Corporate Operations

OperationsOperationsFull TimeRemoteSeniorTeam 1,001-5,000Since 1967H1B No SponsorCompany SiteLinkedIn

Location

India

Posted

40 days ago

Salary

0

Seniority

Senior

Bachelor DegreeEnglish

Job Description

Team Leader – Corporate Operations

Mashreq

• 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. • Handle Sanctions referrals as per the Bank’s policy, ensuring no breach of the applicable sanctions policies, standards and guidance. • 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. • Escalate to appropriate authorities of any Red Flag on AML, KYC or any other Due Diligence • 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 US Sanctions rules, Group Sanctions Policy, including but not limited to related Sanctions Guidance and operating procedures. • Support L3 Compliance unit in identifying Sanctions risk themes and trends and improve sanctions risk management capability. • Perform Due Diligence related to Payment and Trade Operations including AML check, KYC Check.

Job Requirements

  • Adequate understanding of various sanction programmes, e.g., OFAC, UN, UK, EU, UAE Target Financial Sanctions etc.
  • 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.
  • Effective knowledge of the Bank’s Compliance, Sanctions, AML and KYC.

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