Manager – Regulatory Compliance and CDD

Job Description

Compliance Manager | Mashreq

The Tone:
This is a full-time leadership role at Mashreq, located in Egypt. Mashreq is a financial institution that relies on robust regulatory adherence to prevent financial crime and ensure trust. This position is crucial for leading a specialized team responsible for executing daily compliance controls and Customer Due Diligence activities, ensuring the bank efficiently and accurately meets its AML/KYC obligations.

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

• Team: Leads a specialized team of Compliance Officers / CDD Specialists, reporting to the Regulatory & CDD AVP Compliance Manager.
• Mission: Lead a team to ensure the bank meets its AML/KYC obligations efficiently and accurately by overseeing CDD and regulatory compliance operations and mitigating financial crime risks.
• Tech Stack: core banking, screening software, case management systems

What You’ll Actually Do
• Lead Team: Lead, motivate, and develop a team of Compliance Officers and CDD Specialists, managing daily workloads and assessing performance.
• Oversee CDD Operations: Supervise end-to-end Customer Due Diligence activities, including client risk assessment, beneficial ownership identification, and timely completion of reviews.
• Ensure Regulatory Compliance: Supervise regulatory reports, communications with the regulator, and assessment of new products or digital projects from a compliance perspective.
• Conduct Quality Assurance: Perform random and targeted quality checks on team members’ work to ensure adherence to internal policies and regulatory standards, implementing corrective actions for observations.
• Drive Process Improvement: Identify workflow bottlenecks and act as a subject matter expert during system upgrades or enhancements to optimize compliance processes.

The Must-Haves
• Background: Managerial level role focused on leading a team in regulatory compliance and financial crime risk mitigation within banking.
• Experience: 10+ years within banking, financial services, or fintech, with at least 5 years specifically in KYC/AML Operations or compliance.
• Skills: Leadership, Conflict resolution, Communication, and Organizational abilities.
• Skills: Deep knowledge of Central Bank of Egypt regulations, local CDD standards, and internal AML/KYC/CDD/Sanctions policies and procedures.
• Skills: Strong understanding of compliance requirements within correspondent banking, private banking, Large Corporate, and SME sectors.
• Bonus: Good understanding of core banking and Compliance systems, including their interaction and use.