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

Mashreq Bank PSC; Pakistan; On-site; PKR 1,200,000 - 1,800,000; Full time

Job summary

Mashreq Bank PSC seeks a compliance review specialist to monitor sanction hits and approve transactions in accordance with policy. You will collaborate with the Compliance team, ensure timely processing by end of day, and identify opportunities to enhance procedures and reduce risk. Strong communication and banking knowledge are required.

Qualifications

• Good communication and interpersonal skills are essential.
• Experience in bank compliance ensures familiarity with procedures.
• Basic computer skills including Excel and PowerPoint are required.

Responsibilities

• Review and approve transactions with high accuracy within established delivery standards.
• Escalate sanctions hits to compliance for approval.
• Ensure all transactions are processed before end of day.
• Coordinate with Compliance for timely decisions and screening requirements.
• Identify process gaps and recommend system improvements to reduce risk.

Skills

Good communication

Strong interpersonal skills

Education

4-6 years' experience in compliance unit of any bank

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.