Team Leader - Compliance Ops - Perpetual Screening.MGN Pak - Compliance Ops - Perpetual Screening.Operations Group-PAKCOE

Mashreq; Karachi Division; On-site; PKR 1,200,000 - 2,000,000; Full time

Job summary

Mashreq is seeking a Compliance Review and Sanctions Screening professional in Karachi to review and action transactions against sanction hits with accuracy and adherence to operating procedures. You will coordinate with the Compliance team to ensure timely decisions and proper authorization of transactions, while identifying process gaps for improvements.

The role requires 4–6 years in bank compliance, strong communication and interpersonal skills, and solid knowledge of banking rules and

Qualifications

• 4-6 years of experience in compliance unit of any bank.
• Basic computer operating skills (MS Excel and PowerPoint).
• Good knowledge of general banking rules and regulations.
• Good communication skills (verbal and written).
• Strong interpersonal skills.

Responsibilities

• Review and action all transactions on listed names/entities and countries against sanction hits.
• Review and approve transactions with 100% accuracy within established delivery standards.
• Escalate to compliance team if there is any sanction hit for approval.
• Ensure all transactions are processed before end of day (EOD) within daily cut-off.
• Coordinate with Compliance for timely decisions and authorization of transactions.

Skills

Communication skills

Interpersonal skills

Bank compliance experience

MS Excel

PowerPoint

Tools

MS Excel

PowerPoint

Job description

Job purpose

Review and action all transactions on all the listed names/entities and countries against sanction hits in accordance with compliance with the agreed turnaround time and operating procedures.

Key Result Area

• Review and approve Transactions with 100 % accuracy within the established delivery standards with the agreed operating procedures.
• Escalate to compliance team if there is any sanction hit against any individual/entity or country for approval
• Ensure all Transactions are processed before EOD which have landed before daily cut off.
• Seek updates from compliance team with regards to the sanction screening.
• Identify process gaps and recommend system improvements and enhance efficiency to minimize risk and improve delivery standers.

Operating Environment, Framework and Boundaries, Working Relationship

• Transaction screening and processing of Names/Entity and Country for all branches.
• Close co-ordination with Compliance for timely decisions.
• Processing of all the transactions as per respective turnaround times.
• Authorization of all transactions from a compliance review/release point of view. Strict compliance with bank's policy and procedures.

Problem Solving and Decision-Making Authority & Responsibility

• Recommend improvements to operating procedures and applications.
• Recommend both classroom and online compliance training.
• Stay up-to-date with all compliance changes and recommendations.
• Resolve all queries / deficiencies pertaining to the relevant processes, documents, based on the process guidelines
• Ensure authorization of all transaction types after reviewing the authenticated information with proper screening completion across queues.

Knowledge Skill and Experience

• Good Communication skills. (Both verbal and written)
• Strong interpersonal skills.
• 4-6 years' experience in compliance unit of any bank.
• Basic computer operating skills. (MS Excel and PowerPoint)
• Good knowledge of general banking rules and regulations.