Regulatory Affairs Manager

3 days ago


Muscat, Muscat, Oman Mashreq Full time

Compliance Manager Job Description

Mashreq Bank is seeking a Compliance Manager to support the Head of Compliance in ensuring compliance across all areas of the bank. The successful candidate will have strong knowledge of regulatory requirements and be able to provide compliant solutions to business issues.

Main Responsibilities:

  1. Maintain awareness of regulatory requirements and assist the Head of Compliance in ensuring compliance.
  2. Support the Head of Compliance in day-to-day operations, ensuring adherence to regulatory requirements and Mashreq's AML/Sanctions/ABC policies and KYC Standards.
  3. Develop and maintain AML/sanctions/ABC Policies and KYC Standards, providing training programs to staff on an ongoing basis.
  4. Review suspicious cases of AML, Sanctions, and ABC, investigating and gathering relevant documents/data, making recommendations to the Head of Compliance.
  5. Assist the Head of Compliance in preparing Regulatory Reports and submitting them to regulators in a timely manner.
  6. Proactively identify and escalate critical issues to prevent regulatory investigations, charges, fines, or reputational damage.

Requirements:

  1. Around 4-5 years of Financial Crime related experience in banking and/or relevant fields.
  2. Good understanding of Oman Banking and Financial crimes related laws.
  3. Ability to plan, organize, influence, negotiate, and make decisions.
  4. Strong administrative, interpersonal, and computer literacy skills.
  5. Excellent written and spoken English and Arabic language skills.


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