
Compliance Officer
3 days ago
Job Overview
Mashreq is a leading financial institution seeking a skilled Compliance Manager to join our team. As a key member of the compliance department, you will be responsible for maintaining ongoing awareness of regulatory requirements and assisting the Head of Compliance in ensuring adherence.
Main Responsibilities:
- Support the Head of Compliance in interpreting regulations and communicating with relevant units within the organization to ensure compliance.
- Assist the Head of Compliance in day-to-day operations, ensuring adherence to regulatory requirements and Mashreq's AML/Sanctions/ABC policies and KYC Standards.
- Provide compliant and workable solutions to business issues, advising on risk management strategies to achieve business goals while mitigating regulatory risks.
- Escalate critical issues promptly to prevent regulatory investigations, charges, fines, or reputational damage.
- Support the implementation of Compliance initiatives in IBG, as determined by IBG HO-Compliance.
- Act as backup for the Head of Compliance and MLRO, ensuring continuity and facilitating compliance within the bank.
- Collaborate with the Head of IBG compliance on ad-hoc projects and special assignments.
Key Skills and Qualifications:
- Around 4-5 years of Financial Crime related experience in banking and/or relevant fields.
- Good understanding of Oman Banking and Financial crimes related laws.
- Ability to plan, organize, influence, negotiate, and make decisions.
- Strong administrative, interpersonal, and computer literacy skills.
- Excellent written and spoken English and Arabic language skills.
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