Vice President – AML Investigations & RRU
Mashreq · United Arab Emirates
Oversee and manage AML Investigations and Analysis programme, leading a team of on-shore Investigators and (indirectly) team of Analysts in CoEs, covering in-scope products in RBG, CIBG and where applicable, FI
Take decisions on cases that warrant filing STRs to the Financial Intelligence Unit of the United Arab Emirates in the capacity of Deputy Money Laundering Reporting Officer (MLRO) / MLRO delegate
Oversee and manage the operations of Regulatory Response Unit
Maintain ongoing awareness / knowledge of all applicable internal / external AML & CTF requirements and existing/emerging legal / statutory environment, proactively identifying issues that could impact the risk profile / reputation of the Bank
Provide AML advice and guidance in relation to AML Investigations to the Embedded Compliance functions, Business, Technology, Digital / Analytics and Operations
Promptly escalate emerging, critical issues to ensure risk reduction and reputation risk management of the Bank in relation to AML matters
Support development of appropriate risk management frameworks for emerging businesses and partnerships including FinTechs, Payment Service Providers, Digital Asset / VASPs
Develop and run the AML Intelligence Exchange capability
Support strategy setting and spear-head delivery of critical technology and advanced analytics projects to improve risk coverage, reduce inefficiencies in processes and contribute to improving Customer Experience insofar as AML processes are concerned
Support development of a sustainable and future-ready Product Roadmap for all systems and technology supporting Compliance AML
Support continual optimization of TM models
Develop projects to continually optimize and improve efficiency of AML risk management capabilities
Develop and deliver ongoing efficiency improvement plans including cost and resource optimization without compromising capability / risk coverage
Manage regulatory review, internal audits and assurance reviews effectively
Promptly respond to regulatory and law enforcement queries
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