Assistant Manager, Compliance

Compliance Officer, List Management, M grade
The Compliance Organisation Unit is responsible for ensuring that the Bank
complies with all relevant external laws and regulations applicable in the
various jurisdictions that the Bank operates in. Significantly this includes
compliance with Sanctions, Anti Money Laundering (AML) and Counter Terrorist
Financing (CTF) requirements not only of the countries that the Bank operates
in but increasingly there is an expectation of compliance with those of key US
and EU regulators:
The Organisation Unit achieves this by:
* Setting out the relevant regulatory requirements and expectations that the Bank must comply with in an Obligations Register which then maps these to the Bank's policies, procedures and processes (including systems).
* Working with the business to monitor and set appropriate policies, procedures and processes to ensure compliance with regulatory requirements, expectations and industry best practices.
* Providing official written and informal guidance and advice on Compliance matters to the respective businesses as and when required (e.g. on a client, product or transaction basis).
* Ensuring that appropriate training is given to all relevant staff on the Banks policies and procedures. This includes the provision of training on key policies and procedures such as Sanctions, AML and CTF.
* Undertaking periodic, risk based, Compliance Monitoring to ensure the Bank's policies and procedures are being complied with and escalates to management significant non-compliance.
* Managing key Compliance systems such as Customer Screening, Payment screening, Transaction screening and AML Monitoring.
* Managing the alert investigation process arising from the key Compliance systems and making the necessary escalations to management and disclosures to the relevant authorities.
* Responding to all regulatory requests to review and provide relevant information (e.g. customer, transaction, policy, procedure, and training, compliance monitoring and process details) or cooperation in a timely manner.
The incumbent will be responsible for:
* As part of List management function, assist Compliance & List Manager in day-to-day operations in maintaining the Group wide watchlist data. List includes Sanctions and Due diligence list (sourced from internal and vendor list)
* Assisting in implementing an affective and robust infrastructure to manage external (vendor provided) and internal ENBD lists to screen while opening new accounts, screening existing customer, and processing payments.
* Keeping records, updating related systems, and keeping full audit trail of investigations, validations, and justification for updating and removing entries from respective lists.
* Assisting in producing regular MI for the Group Compliance and Business Senior Management.
* Responsible for investigating and advising on any new lists to be included for respective screening arrangements.
* Responsible for coordinating with all other Group subsidiaries and international locations to gather data and produce and consistent / common watch lists for Payments and Account Opening.
* Immediately addressing any production issues ensuring BAU is not impacted.
* Identify, automate, and improve list management Firco system related processes and system controls
* Perform User acceptance testing and ensure that changes is in line with requirements
* For changes engage and onboard users, upstream, respective compliance entities, etc
Qualifications

Job Specifications
Understanding of screening technologies software and payment screening. And
key concepts essential to Quality Assurance, Controls, and Audit Trail.
Working experience in FMM and FOFLIST
A brief understanding of the various local and international regulatory
requirements that affect the business.
Good Knowledge of Bank's core banking system (Finacle), working knowledge of
SWIFT payments, knowledge of the external sanctions and internal rules and
policies around sanctions.
Good written and oral communications skills.
Good knowledge of AML transaction monitoring and customer screening systems.
Good time management skills and adherence to deadlines essential.
Analytical and attention to detail.
AML Investigative skills and experience desirable.
Committed to contributing on continuous improvement culture within a team and
organization.
Team player.
Interpersonal abilities to present a business-friendly image to all internal
and external stakeholders.
Good teamwork skills to establish and maintain effective business relationship
with key stakeholders.
At least ‎7 years of experience in Compliance or data operations, Regulatory or
Technology roles, with at least ‎7 years in a role of SME, stakeholder
management
Bachelor's degree plus Master's degree or other Graduate-Level Certification,
in computer science, finance / accounting / economics / business, or
mathematics with excellent quantitative skills

Primary Location : United Arab Emirates-Dubai-Dubai - Deira, Baniyas
Road, Enbd Head Office
Job : Risk Management
Organization : Group Compliance
Schedule : Regular
Shift : Standard
Job Type : Full-time
Day Job
Job Posting : Jun ‎30, ‎2022, ‎6:24:‎50 AM