Assistant Compliance Manager

This is a fully remote position, open to applicants in Egypt.

📋 Description

• Interpret domestic and international sanctions (UAE, US, UK, EU, UN, etc.) and maintain a thorough understanding of sanctions that impact the bank and/or its branches or subsidiaries.

• Conduct investigations of complex and high-risk sanctions alerts in compliance with regulatory requirements and internal compliance policies and procedures.

• Ensure complete adherence to the Group Sanctions Policy, including but not limited to related sanctions guidance and operational procedures.

• Assist the Compliance Manager in identifying trends and themes related to sanctions risk and enhancing sanctions risk management capabilities.

• Collaborate with business units to resolve alerts and client information.

• Manage sanctions referrals in accordance with the bank's policy, ensuring compliance with applicable sanctions policies, standards, and guidance.

• Support the Compliance Manager in fulfilling responsibilities related to adherence to all relevant laws, rules, regulations, and Group policies regarding sanctions.

• Provide guidance, support, and training to the Compliance Operations alert review team and business colleagues on the implementation of sanctions policies and procedures.

• Deliver effective support and maintain metrics in line with internal procedures; prepare monthly and ad-hoc management reports.

• Identify and escalate issues that require attention or enhancement and suggest changes and improvements in accordance with industry standards and applicable regulations.

• Ensure proper record-keeping. All unit records must be stored confidentially and securely, adhering to record retention policies and SOP guidelines.

• Foster effective working relationships with Business, Operations, and other Compliance functions.

• Assist in Compliance projects as needed, including the effective deployment of system and procedural changes as required.

⛳️ Requirements

• Over 4 years of banking experience, including 2 years in compliance.

• Strong understanding of the Bank’s Compliance, Sanctions, AML, and KYC/CDD policies and procedures.

• Adequate knowledge of various sanction programs, such as OFAC, UN, UK, EU, and UAE Target Financial Sanctions.

• Compliance risk professional with experience in one or more risk compliance roles, including relevant sanctions experience.

• Familiarity with sanctions regulations and guidance.

• Excellent communication skills with strong interpersonal and influencing abilities.

• Effective team player with a collaborative mindset.

• Professional qualification (such as CAMS or CGSS) is preferred.

🏝️ Benefits

• Interpret domestic and international sanctions (UAE, US, UK, EU, UN, etc.) and maintain a thorough understanding of sanctions that impact the bank and/or its branches or subsidiaries.

• Conduct investigations of complex and high-risk sanctions alerts in compliance with regulatory requirements and internal compliance policies and procedures.

• Ensure complete adherence to the Group Sanctions Policy, including but not limited to related sanctions guidance and operational procedures.

• Assist the Compliance Manager in identifying trends and themes related to sanctions risk and enhancing sanctions risk management capabilities.

• Collaborate with business units to resolve alerts and client information.

• Manage sanctions referrals in accordance with the bank's policy, ensuring compliance with applicable sanctions policies, standards, and guidance.

• Support the Compliance Manager in fulfilling responsibilities related to adherence to all relevant laws, rules, regulations, and Group policies regarding sanctions.

• Provide guidance, support, and training to the Compliance Operations alert review team and business colleagues on the implementation of sanctions policies and procedures.

• Deliver effective support and maintain metrics in line with internal procedures; prepare monthly and ad-hoc management reports.

• Identify and escalate issues that require attention or enhancement and suggest changes and improvements in accordance with industry standards and applicable regulations.

• Ensure proper record-keeping. All unit records must be stored confidentially and securely, adhering to record retention policies and SOP guidelines.

• Foster effective working relationships with Business, Operations, and other Compliance functions.

• Assist in Compliance projects as needed, including the effective deployment of system and procedural changes as required.

• Strong understanding of the Bank’s Compliance, Sanctions, AML, and KYC/CDD policies and procedures.

• Adequate knowledge of various sanction programs, such as OFAC, UN, UK, EU, and UAE Target Financial Sanctions.

• Experience within the financial services industry.

• Clear understanding of relevant business and operations processes that support sanctions screening.

• Good understanding of core banking and sanctions screening systems and their interaction/use.

• Over 4 years of banking experience, including 2 years in compliance.

• Compliance risk professional with experience in one or more risk compliance roles, including relevant sanctions experience.

• Familiarity with sanctions regulations and guidance.

• Lateral thinker with the ability to interpret and resolve complex issues.

• Excellent communication skills with strong interpersonal and influencing abilities.

• Effective team player with a collaborative mindset.

• Professional qualification (such as CAMS or CGSS) is preferred.