One Of the leading egyptian banks is looking for the below vacancies:
1- Job Title: AML Monitoring Officer
Division/ Department: Compliance
Administrative Level:
Division/ Department: Compliance
Administrative Level:
Job Description:
This job aims to closely monitor, identify and manage the bank’s overall Anti Money Laundering (AML) and Combating Financing of Terrorism (CFT) risks and is responsible for ensuring related processes are in place and within the bank’s internal policies and procedures and in line with regulatory requirements.
Reports to AML Monitoring Head
Duties:
− Serve as contact for stakeholders on AML/CFT matters.
− Follow-ups for account and transaction analysis and obtain clarification of transactions with front-line when needed.
− Ensure that the applicable risk classification of clients matches with Risk Assessment Study.
− Conduct and manage timely review, analysis and closing of transactions alerts generated via transaction monitoring system for potential suspicious activity within the target timelines in accordance with relevant regulatory requirements, industry standards and bank's procedures to detect and assess ML/FT risks
− Ensure proper and timely escalation of cases to AML Senior Officer and highlight concerns with proposed rectification action required as appropriate for further investigation.
− Obtain and upload results of the transaction alert analysis and supporting documentation for record keeping.
− Receive STRs & SARs from different bank units and departments.
− Cooperate with AML Investigation unit to facilitate all required documents and information.
− Provide continuous feedback to Senior AML on system related issues, thresholds & scenarios
− Participate to ad-hoc Compliance/AML projects.
− Follow-ups for account and transaction analysis and obtain clarification of transactions with front-line when needed.
− Ensure that the applicable risk classification of clients matches with Risk Assessment Study.
− Conduct and manage timely review, analysis and closing of transactions alerts generated via transaction monitoring system for potential suspicious activity within the target timelines in accordance with relevant regulatory requirements, industry standards and bank's procedures to detect and assess ML/FT risks
− Ensure proper and timely escalation of cases to AML Senior Officer and highlight concerns with proposed rectification action required as appropriate for further investigation.
− Obtain and upload results of the transaction alert analysis and supporting documentation for record keeping.
− Receive STRs & SARs from different bank units and departments.
− Cooperate with AML Investigation unit to facilitate all required documents and information.
− Provide continuous feedback to Senior AML on system related issues, thresholds & scenarios
− Participate to ad-hoc Compliance/AML projects.
Qualifications:
− Bachelor degree in Accounting/Commerce/Economics/Finance/Banking or equivalent
− 3-5 years of experience in AML, Sanctions, Internal Control functions, Inspection or Audit
− Excellent written and spoken English language
− Sound knowledge of local regulatory requirements, local banking practices and laws including but not limited to AML/CFT laws is preferred.
− Good understanding of the bank's overall business and operations
− Strong judgement, strong communication skills, analytical sense, high attention to detail and problem solving mindset.
2- Job Title: AML Investigation Officer
Division/ Department: Compliance
Administrative Level:
− Bachelor degree in Accounting/Commerce/Economics/Finance/Banking or equivalent
− 3-5 years of experience in AML, Sanctions, Internal Control functions, Inspection or Audit
− Excellent written and spoken English language
− Sound knowledge of local regulatory requirements, local banking practices and laws including but not limited to AML/CFT laws is preferred.
− Good understanding of the bank's overall business and operations
− Strong judgement, strong communication skills, analytical sense, high attention to detail and problem solving mindset.
2- Job Title: AML Investigation Officer
Division/ Department: Compliance
Administrative Level:
Job Description:
This job aims to complement the monitoring and managing process of Anti Money Laundering (AML) and Combating Financing of Terrorism (CFT) risks by investigating the potential suspicious activities/transactions and undertake the reasonable analysis for data and documents.
Reports to AML Investigation Head
DutiesL
− Conduct thorough AML/CFT investigations for suspicious activities identified by AML Monitoring Officer or other sources (STRs, SARs, .... etc)
− Document and report the review/investigation findings and prepare case files with the required supporting documentation.
− Drafting STRs/SARs to AML Investigation Head
− Review and analyze customer suspicions activities escalated to him/her and recommend action to be taken to AML Investigation Head
− Analyze balance sheets and income statement along with other documents when required for investigation purpose.
− Ensure that all cases received are investigated and closed/concluded.
− Act as a contact point for other units/branches in respect to cases under Investigation whenever possible.
− Document and report the review/investigation findings and prepare case files with the required supporting documentation.
− Drafting STRs/SARs to AML Investigation Head
− Review and analyze customer suspicions activities escalated to him/her and recommend action to be taken to AML Investigation Head
− Analyze balance sheets and income statement along with other documents when required for investigation purpose.
− Ensure that all cases received are investigated and closed/concluded.
− Act as a contact point for other units/branches in respect to cases under Investigation whenever possible.
Qualifications:
− Bachelor degree in Accounting/Commerce/Economics/Finance/Banking or equivalent
− 3-5 years of (relevant) experience in AML, Sanctions, Internal Control functions, Inspection or Audit
− Excellent written and spoken English language
− Comprehensive knowledge of local regulatory requirements, local banking practices and laws including but not limited to AM/CFT laws.
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Effective verbal and written communication skills
− Proficient in MS Office
− Proactive risk management skills.
3- Job Title: Sanctions Head
Division/ Department: Compliance
Administrative Level:
− Bachelor degree in Accounting/Commerce/Economics/Finance/Banking or equivalent
− 3-5 years of (relevant) experience in AML, Sanctions, Internal Control functions, Inspection or Audit
− Excellent written and spoken English language
− Comprehensive knowledge of local regulatory requirements, local banking practices and laws including but not limited to AM/CFT laws.
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Effective verbal and written communication skills
− Proficient in MS Office
− Proactive risk management skills.
3- Job Title: Sanctions Head
Division/ Department: Compliance
Administrative Level:
Job Description:
This job aims to monitor and foster awareness of sanctions regulatory requirements that bank must comply with, assessing related sanction risk exposure, oversee the quality of sanctions control processes and setting policies and procedures to manage and mitigate those sanction risks that bank faces.
Reports Head of Compliance
Duties:
− Keep up to date of sanctions development, analyze risk impacts of various jurisdictional sanctions laws and regulations developments that are material to the bank's operations and disseminate relevant updates on such developments.
− Ensure implementation of sanctions policy and procedures across bank's various functions.
− Oversight responsibility over maintenance of sanctions watchlists and provide technical expertise on sanctions-related systems
− Monitor and manage sanctions risks through establishing a clear vision for sanctions unit that meets CBE regulatory obligations in an efficient manner
− Represent the department in any CBE inspection in respect to his/her area.
− Represent the department in any Internal Audit in respect to his/her area.
− Oversight responsibility over sanctions watchlists update process and proper functioning.
− Oversight responsibility over users’ usage of sanctions screening system and links.
− Monitor adherence of the bank to global sanctions policy and relevant procedures and staying current on key sanctions regulatory changes, key enforcement actions and related industry trends.
− Ensure implementation of sanctions policy and procedures across bank's various functions.
− Oversight responsibility over maintenance of sanctions watchlists and provide technical expertise on sanctions-related systems
− Monitor and manage sanctions risks through establishing a clear vision for sanctions unit that meets CBE regulatory obligations in an efficient manner
− Represent the department in any CBE inspection in respect to his/her area.
− Represent the department in any Internal Audit in respect to his/her area.
− Oversight responsibility over sanctions watchlists update process and proper functioning.
− Oversight responsibility over users’ usage of sanctions screening system and links.
− Monitor adherence of the bank to global sanctions policy and relevant procedures and staying current on key sanctions regulatory changes, key enforcement actions and related industry trends.
Qualifications:
− Bachelor degree in Accounting/Commerce/Economics/Finance/Banking or equivalent
− 5-10 years of experience in Sanctions, AML, Operations, Payments or Trade Finance
− Familiar with international sanctions regulations (UN, EU, UK)
− Excellent written and spoken English language
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Effective verbal and written communication skills
− Proficient in MS Office
4- Job Title: FATCA & MIS Officer
Division/ Department: Compliance
Administrative Level:
− 5-10 years of experience in Sanctions, AML, Operations, Payments or Trade Finance
− Familiar with international sanctions regulations (UN, EU, UK)
− Excellent written and spoken English language
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Effective verbal and written communication skills
− Proficient in MS Office
4- Job Title: FATCA & MIS Officer
Division/ Department: Compliance
Administrative Level:
Job Description:
This job aims to ensure meeting Foreign Account Tax Compliance Act (FATCA) requirements and mitigate risks that may arise and manage the bank compliance risk through delivering and enhancing features and quality of systems and reports.
Reports to Regulatory Unit Head
Duties:
− Supporting various business functions in internal and external FATCA/CRS related queries and the establishing and setup of FATCA/CRS policies and procedures.
− Support pre-reporting events: Annually assessing what the Bank have responsibility for and where reporting may have to take place.
− Ongoing reviews to ensure correct due diligence is held on file and in good state (such as self-certification, W8BENE, W9 etc.)
− Managing reports workflow through coordinating with various stakeholders, working with group to ensure reporting deadlines are met and filed in correct schema XML format.
− Working with front and back office to produce reporting templates, draft point of contact to deal with any tax audits on information submitted should they arise.
− Manage internal audit requests in relation to FATCA/CRS functions.
− Support training to various business functions to keep them up to date with requirements and updates.
− Prepare internal reports for presenting to the regulatory governing bodies and Senior Management.
− Developing and maintaining spreadsheets and data visualization.
− Ensure that all reports are up to date and the proper documentations are included.
− Conduct studies and analysis needed for various projects.
− Support in testing of systems building, business procedures development during implementation phase.
− Provide Compliance team with all types of required reports either for internal use (investigation) or external use (regulatory requirements)
− Act as contact point between Compliance department and IT department to ensure smooth implementation of required systems and reports.
− Prepare BAC and BOD reports periodically.
− Extract all required information and analysis in respect to data quality/risk rating or any other financial and static info.
− Maintain internal records and develop proper filling system (electronic) for all in and out communications related to the department.
− Support pre-reporting events: Annually assessing what the Bank have responsibility for and where reporting may have to take place.
− Ongoing reviews to ensure correct due diligence is held on file and in good state (such as self-certification, W8BENE, W9 etc.)
− Managing reports workflow through coordinating with various stakeholders, working with group to ensure reporting deadlines are met and filed in correct schema XML format.
− Working with front and back office to produce reporting templates, draft point of contact to deal with any tax audits on information submitted should they arise.
− Manage internal audit requests in relation to FATCA/CRS functions.
− Support training to various business functions to keep them up to date with requirements and updates.
− Prepare internal reports for presenting to the regulatory governing bodies and Senior Management.
− Developing and maintaining spreadsheets and data visualization.
− Ensure that all reports are up to date and the proper documentations are included.
− Conduct studies and analysis needed for various projects.
− Support in testing of systems building, business procedures development during implementation phase.
− Provide Compliance team with all types of required reports either for internal use (investigation) or external use (regulatory requirements)
− Act as contact point between Compliance department and IT department to ensure smooth implementation of required systems and reports.
− Prepare BAC and BOD reports periodically.
− Extract all required information and analysis in respect to data quality/risk rating or any other financial and static info.
− Maintain internal records and develop proper filling system (electronic) for all in and out communications related to the department.
Qualifications:
− 3-5 years of experience in FATCA and Taxation/ IT/ MIS
− Bachelor degree in Accounting/Commerce/Economics/Statistics/Finance/Banking or equivalent
− Excellent written and spoken English language
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Proficient in MS Office
− Strong analytical skills.
− Strong computer skills.
5- Job Title: Review and Control Officer
Division/ Department: Compliance
Administrative Level:
− 3-5 years of experience in FATCA and Taxation/ IT/ MIS
− Bachelor degree in Accounting/Commerce/Economics/Statistics/Finance/Banking or equivalent
− Excellent written and spoken English language
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Proficient in MS Office
− Strong analytical skills.
− Strong computer skills.
5- Job Title: Review and Control Officer
Division/ Department: Compliance
Administrative Level:
Job Description:
The main purpose of this role is to act as a contact person and representative of Compliance department in all international banks correspondences and inquiries.
Reports to Head of Compliance
Duties:
− Attend correspondent banks calls with business representing AML & Compliance functions
− Investigate and review all international banks’ inquiries on any bank transactions and provide proper feedback and clarifications.
− Maintain Wolfsberg questionnaire updates.
− Perform KYC due diligence for new and existing correspondent banks and financial institutions and analyze their AML/CFT risks.
− Keep record of all bank updated documents that may be requested by correspondent banks in the due diligence process
− Keep record of all correspondences of due diligence process with correspondent banks
− Investigate and review all international banks’ inquiries on any bank transactions and provide proper feedback and clarifications.
− Maintain Wolfsberg questionnaire updates.
− Perform KYC due diligence for new and existing correspondent banks and financial institutions and analyze their AML/CFT risks.
− Keep record of all bank updated documents that may be requested by correspondent banks in the due diligence process
− Keep record of all correspondences of due diligence process with correspondent banks
Qualifications:
− Bachelor degree in Accounting/Commerce/Economics/Finance/Banking or equivalent
− 3-5 years of experience in banking
− Excellent written and spoken English language
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Effective verbal and written communication skills
− Proficient in MS Office
− 3-5 years of experience in banking
− Excellent written and spoken English language
− Good understanding of the bank's overall business and operations
− Strong judgement and analytical sense for respective risks.
− Effective verbal and written communication skills
− Proficient in MS Office
If you are interested, please send your updated CV to:
Bankvacancy84@gmail.com and mentioned the jobs title in the subject.
