Associate - Compliance Operations (Mashreq Global Network Pakistan)

Mashreq; Pakistan; On-site; PKR 400,000 - 600,000; Full time

Job summary

Mashreq in Pakistan seeks a payments reviewer responsible for validating USD trade payments, ensuring documents and parties comply with regulations and internal procedures.

You will liaise with Direct Banking Contact and Relationship Managers for clarifications, escalate to the compliance team on sanction hits, and ensure all payments land before the daily cut-off, with zero errors and timely reporting.

Qualifications

• Basic banking regulations are required.
• Basic computer skills are required.
• Awareness of the Indian banking industry is expected.

Responsibilities

• Review all USD trade payments for the required documents and screen all the listed names/entities and counties against sanction hits in accordance with compliance with the agreed turnaround time and operating procedures.
• Review and approve trade payments with 100 % accuracy within the established delivery standards with the agreed operating procedures.
• Contact DBC (Direct Banking Contact) or Relationship Manager seeking clarification on documents or seek for additional documents whenever required.
• Contact the compliance team if there is any sanction hit against any individual/entity or country for approval to process the payment.
• Ensure all payments are processed before EOD which have landed before daily cut off.

Skills

Basic Banking regulations

Basic computer skills

Awareness of Indian banking industry

Job description

• Review all USD trade payments for the required documents and screen all the listed names/entities and counties against sanction hits in accordance with compliance with the agreed turnaround time and operating procedures.

Key Result Area

• Review and approve trade payments with 100 % accuracy within the established delivery standards with the agreed operating procedures.
• Contact DBC (Direct Banking Contact) or Relationship Manager seeking clarification on documents or seek for additional documents whenever required.
• Contact the compliance team if there is any sanction hit against any individual/entity or country for approval to process the payment.
• Ensure all payments are processed before EOD which have landed before daily cut off.

Knowledge Skill and Experience

• Basic Banking regulations.
• Basic computer skills.
• Awareness of the Indian banking industry.