AML Unit Manager – Anti-Money Laundering

Job Description

Manager Compliance – AML (UAE National) | Mashreq

The Tone:
This is a full-time role at Mashreq, located in the United Arab Emirates. Mashreq is a leading financial institution committed to maintaining the highest standards of financial integrity and regulatory adherence. This critical role ensures the bank operates within all Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, safeguarding its reputation, preventing financial crime, and protecting it from regulatory scrutiny and penalties.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person – United Arab Emirates

• Team: AML Unit in Head Office, reporting to MLRO / Delegate
• Mission: Protect the bank from regulatory investigation, charges, fines, or public castigation due to breaches of AML & CTF controls.
• Tech Stack: IT tools/software for AML monitoring system, MS Excel, Business Object (BO) reports

What You’ll Actually Do
• Regulatory Compliance: Maintain expert knowledge of internal and external AML & CTF requirements, provide guidance to staff, and promptly escalate critical issues to ensure the bank’s compliance posture and avoid regulatory breaches.
• Team Leadership: Lead and manage multiple teams within the AML Unit in Head Office, providing comprehensive guidance, training, and effective resource management to meet productivity targets and foster a dynamic team.
• Investigation Management: Oversee complex, intelligence-driven investigations, ensuring thorough quality analysis of reviewed cases and highlighting key financial crime risks to senior management through detailed reports.
• Regulatory Engagement: Act as the primary point of contact for regulatory inspections in the AML & CTF area and for the UAE Central Bank’s National Anti-Money Laundering Agency (FIU), ensuring trouble-free examinations and timely implementation of recommendations.
• Control Implementation & Review: Implement and continuously optimize AML monitoring procedures, scenarios, and parameters, manage the bank’s AML and customer screening systems, and conduct periodic reviews to assess control effectiveness.

The Must-Haves
• Background: Graduate degree with a focus on core banking and AML compliance, suitable for a Manager-level position for a UAE National.
• Experience: 10-12 years of total banking experience, with a minimum of 5 years specifically in the AML Compliance area, coupled with an understanding of global transaction settlements and market knowledge of AML monitoring systems.
• Skills: Strong knowledge of local AML/CFT rules, legislation, and international best practices; proficiency in MS Excel and Business Object (BO) reports; solid people management abilities; and excellent command of spoken and written English with good presentation skills.
• Bonus: ACAMS Certified or holding another recognized AML certification.