
Risk Mitigation Expert
1 day ago
Mashreq Digital Bank in Pakistan is looking for a highly skilled Risk Mitigation Expert to implement Anti-Money Laundering and Terrorist Financing Compliance vision and risk mitigation strategy consistent with Mashreq Group's vision and strategy.
Key Responsibilities:
- Design and operational effectiveness of AML and TF policy measures and procedures that will mitigate AML/TF risk for Mashreq Digital Bank.
- Ensure local regulatory requirements on AML/TF and Mashreq Group requirements have been incorporated in the design of AML policy and procedures.
- Enable Business and Operations teams to understand AML/TF related risks and the procedures developed to mitigate those risks.
- Provide AML related advisory on clients and CDD related matters to Business teams.
- Work on the design and implementation for CDD and Transaction Monitoring related systems for Mashreq Digital Bank Pakistan.
- Ensure the quality and suitability of data maintained in AML and CDD systems.
- Ensure that AML systems are kept up to date with changing AML/TF environment, Policy updates and changes to the regulatory landscape.
- Review and take decisions on Transaction Monitoring alerts in line with local policies and procedures.
- Handle the SAR reporting process for Mashreq Digital Bank Pakistan to the Financial Monitoring Unit.
- Assist in the performance of Risk Assessment as mandated by Mashreq Bank Policies and Local Regulatory requirements.
- Handle the terrorist financing desk as mandated by the State Bank of Pakistan.
Skills and Qualification:
The ideal candidate will have excellent analytical and problem-solving skills, ability to communicate and collaborate effectively with stakeholders including senior officers both within country and Mashreq Group, ability to work on and deliver multiple assignments with required quality and within timelines, self-motivated and driven individual who can operate with minimal supervision, good understanding of AML/TF risks and global trends around AML/TF risk mitigation, good understanding of the regulatory landscape on AML and Terrorist Financing, able to understand technical aspects related to AML systems, and able to develop and write process and procedure related documents.
Education:
Preferably accredited CAMS, at least 8 to 10 years experience in the field of Financial Crime Compliance.
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