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  • Phone:
  • City: Dubai
  • Country: United Arab Emirates
  • Education Level: Master Degree
  • Work Experience: 3-5 Years
  • Employment Type: Full Time
  • Career Level: Executive
  • Expires: This ad has expired
  • Listed: June 9, 2016 5:41 am


Role & responsibilities:

Support the Regional Head of Sanctions to identify and contain Sanctions compliance risks, foster a compliance culture in the Bank and optimise relations with the Regulators, protect the reputation of the Group, comply with applicable Group policies and standards and local laws and regulations in order to prevent criminal sanctions.
Responsible for the provision of advice and guidance on Sanctions policy to the relevant business and Country Compliance within the MENA countries and also representing Regional Sanctions team in business unit management meetings and new initiatives and projects.
Responsible for managing a team of Sanctions Advisory & Investigations, that is tasked with the review and investigation of customer relationships that can potentially expose the Bank to a sanctions breach. They must be able to give direction and guidance to the team on sanctions related matters and engage with business senior management as required to direct them in actions to take in order to avoid sanctions breaches.
Proactively support business and country compliance functions to operate in a compliant manner
Provide guidance to business areas on sanctions risk and exposure related to customer account opening and transactional activity in more complex situations.
Conduct investigations on high risk customer relationships and make decisions on internal reporting and if required reporting to the appropriate regulatory authorities.
Provide oversight on all sanctions investigations, acting as an escalation point within the team.
Prepare regulatory filings and correspond with regulatory agencies as agreed with the MENA Head of Sanctions.
Escalate all material risks, concerns and exposures that could result in breaches of law, regulation or policy.
Ensure meaningful and relevant MI is generated and shared with stakeholders on a regular basis that shows trends and variances.
Ensure adequate support is provided to Regional Head of Sanctions Compliance and Country Compliance in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to AML/Sanctions through the implementation of the Global Sanctions policy.
Ensure periodic reviews and on-going monitoring activity adopted consistently across the region with agreed plans and timescales.
Ensure guidance is provided to Senior business managers and the Global/ Regional FCC function in managing material compliance and reputational issues.
Evaluating and monitoring existing procedures and develop new procedures and controls to minimize the risk of the firm being used for financial crime and ensure the business is compliant with current sanctions requirements.
Provide specialist guidance/support to the Regional Sanctions team and other business colleagues through periods of change.

Knowledge & experience:

The jobholder must have a minimum of five years of relevant experience in a Sanctions or AML.
Extensive knowledge of AML, Counter Terrorist Financing (CTF) or Sanctions issues across the financial services industry
Experience of the full range of personal and commercial banking services and have a strong understanding of the regulatory environment and regional regulations.
The ability to multi-task across many fields involving potentially complex projects and multiple teams
Experience of people management
Proven communication and influencing skills with the ability to communicate and in writing at all levels
Well organised with an ability to prioritise effectively
Ability to provide creative solutions to complex issues
Ability to lead change, contributing to joining up with the other teams in Risk, SwD and Business globally.


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    • Phone:
    • Country: United Arab Emirates
    • City: Dubai
    • Location:
    • Expires: This ad has expired
    • Listed: June 9, 2016 5:41 am