Senior Associate – Ops – Regulatory and Compliance

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

📋 Description

• Analyze payment alerts produced by the Fircosoft system.

• Transfer payment transactions to the checker queue with appropriate decisions for screening systems regarding incoming and outgoing payment messages.

• Protect the bank's interests by adhering to compliance standards and global Anti-Money Laundering policies, while minimizing compliance risks.

• Oversee and manage activities to meet both bank and regulatory authority requirements.

• Consistently monitor the Fircosoft system and clear transactions from the Maker queue within designated cutoffs.

• Conduct daily control and functional checklist (DCFC) tasks.

• Identify and escalate potential issues across products at CPC/IBG in line with bank compliance policies.

• Review alerts generated in Fircosoft and process them with high quality.

• Ensure transactions are executed in accordance with SOPs and bank policy within agreed turnaround times (TAT) and with zero errors/tolerance.

• Foster positive and collaborative relationships with key personnel within the unit and across various business divisions.

⛳️ Requirements

• In-depth knowledge and understanding of General Banking, cheque payments, and sanctions screening for inward and outward payment messages such as MT103, MT202, MT199, MT400, and MT700 Series.

• Proficient working knowledge of SWIFT and Mashreq processes and systems.

• Exceptional communication and interpersonal abilities.

• 2–4 years of experience in banking operations, with hands-on experience in a checker role that demands comprehensive banking skills and technical expertise.

• Proven expertise in interpreting banking regulations, laws, anti-money laundering regulations, and related requirements.

• Familiarity with regulatory bodies and policies, including those of the UAE Central Bank and Federal Reserve Bank.

• Capability to stay updated on existing and emerging legal, statutory, and regulatory environments.

• Willingness to complete mandatory courses and assignments.

• Ability to process transactions in accordance with SOPs and bank policy within agreed TAT while maintaining zero errors/tolerance.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Opportunities for professional development and career advancement.

• Comprehensive health and wellness programs.

• Flexible working arrangements and a supportive work environment.