Analytical thinking and educative judgement are required because of the complex and unique nature of customer / country / regulations / systems or a combination.
Clear understanding of business transactions, initiatives and relationship requirements with close coordination with relationship team without losing focus on risk, regulations and control issues.
Regulatory, compliance and AML requirements coming from various countries would require a good understanding as well as local and international banking practices.
- Contribute in the development of product, systems policies and procedures related to compliance and AML at bank-wide level.
Maintain and develop relations with Regulators and Business Units.
Responsible for administrative and office support.
Assist the Compliance Manager to develop and impart Compliance, KYC and Sanctions related training programs (in conjunction with MLS) to all business group staff on an ongoing basis and as and when requested/necessary (including new staff within 3 months of joining) to raise awareness and ensure all staff understand their responsibilities/obligations.
Provide support for the enhanced due diligence process followed on businesses classified as high risk prior to account opening/credit proposals and provide decisions according. Review proposals on high risk relationships especially cases that are escalated to Senior Management/ Business Group Head and ensure that all risks are appropriately highlighted for sign-off.
Review the E-Name Checker referrals from branches/enabling functions/operation and provide Compliance feedback in accordance with the bank policies/CB regulations
Providing support to other compliance staff members in their respective areas as and when required.
Assist the Compliance Manager in garnering a strong compliance driven culture/environment within Business Groups/ Divisions.
Provide support to Assistant/Manager Compliance in creation of reports/MIS/MERs on issues of Compliance/AML and ensure that same are submitted in a timely manner to HO-Compliance after being vetted by the Compliance Manager.
Support the team & Compliance Manger to create the Regulatory Reports for accuracy and assist to ensure that the same are submitted to the Regulators in a timely manner after being vetted by the Compliance Manager.
Assist the Compliance Manager in providing seamless support to the regulator-The Central Bank Egypt during their onsite/offsite visits and ensure that any/all reports that are required by Central Bank Egypt/other regulators are in place and available at all time – any critical issues to be promptly escalated.
Support the implementation of Customer Screening through World-Check & other Negative Lists provided by HO/Central Bank Egypt across all business segments in business group.
Assist in the compliance related projects/UATs as and when required and ensure that they are successfully completed within the required time frame
