AML Manager/ Compliance & Anti-Money Laundry Units
Arab Bank.
مجموع سنوات الخبرة :20 years, 9 أشهر
Key Responsibilities:
Ensure compliance with GRC guidelines& Handling &Releasing transaction in Safe Watch System
Follow up related pending issues with concerns depts.and ensure processing as per Policies and Procedures.
Responsibilities includes:
• Ensures effective monitoring system, to help concerned staff in analyzing the accounts’ transactions pattern
• Reviews STRs to determine if actually related to money laundering and presents the report related to the suspicious ones to the head of Compliance to be review and sent to the EMLCU.
• Reviews reports and address to management to be send to regulatory authorities (EMLCU).
• Respond to branches and HO departments AML & Compliance inquiries
• Conduct Audit visits to ensure that published procedures are applied
• Assist managers in charge of compliance & AML with banking regulations to develop and modify procedures for carrying out the requirements of the applicable laws & regulations.
• Participate in reviews and updates the AML Program & procedures as necessary to reflect any changes in laws or regulations.
• Ensures effective monitoring system, to help concerned staff in analyzing the accounts’ transactions pattern.
• Reviews STRs to determine if actually related to money laundering and presents the report related to the suspicious ones to the head of Compliance to be review and sent to the EMLCU.
• Reviews reports and address to management to be send to regulatory authorities (EMLCU).
• Ensures that Know Your Client Policy is apply successfully.
• Response the Questionnaires of the corresponding Banks, as well as Reviews the response on PBE AML Questionnaires, which received from the corresponding Banks & Tele Cash Companies.
• Investigate various queries concerning Customer's Data (which have been requested by public Authorities “MLCU”); and presents the results of that investigation to the “Head of Compliance” or “Compliance Manager” in order to response to “MLCU”
• Performs the day-to-day activities, in addition to any other tasks assigned by Management.
• Implement a compliance culture within the bank that emphasizes high standards of ethical behavior at all levels and in all areas.
Safe Watch system
• Supervise financial services transactions on Safe Watch System.
• Process all pending Financial Services related transactions in Safe Watch System after ensuring that related information do not match with system record set by GRC .
• Ensure that all pending transactions matched with system record set by GRC to concerned branches/ parties stating reason for rejection as per P&P.
• Follow up with concerned branches / parties to complete information related to pending transactions that can be processed as per P&P
• Ensure that all related inquires, cases and amendments are resolved and processed in coordination with concerned parties as per P&P.
Compliance Performance in line with AB Code of Conducts as well as AB P&P and local Laws and regulations.
Key Responsibilities:
Ensuring the implementation and successful execution of the Bank’s Compliance Program across all business divisions according to the local laws, the Bank’s internal policies & regulations. Also, management of the process of implementation of procedures related to Money Laundering Prevention Law, control of compliance of the Bank’s activities, in accordance with granted authorizations.
Responsibilities includes:
AML Area
• Assure that the AML application is properly functioning.
• Developing AML reports to facilitate the monitoring process.
• Review & update the AML Compliance Program to reflect any changes in laws or regulations.
• Ensure that the Anti-Money Laundry procedures are implemented by the bank according to the local and international laws and regulations.
• Review the Suspicious Activity transactions to determine if any transaction is actually related to money laundering and report the suspicious ones to the local regulator.
• Ensure that Know Your Client Policy is applied successfully.
• Ensure the presence of an effective monitoring system, to help concerned staff in analyzing the accounts’ transactions pattern.
Enquiries & Sanctions Lists Area
• Respond to various requests & inquiries of Public Authorities (Central Bank of Egypt, Egyptian Money Laundering Combating Unit.) concerning customers’ personal data & freezing of customer’s accounts.
• Review the creation of Internal Watch Lists in the new AML application.
Regulatory Compliance Area
• Monitoring & ensuring mandatory reports sent to CBE or any competent authority in due time.
• Ensure that all resources are mobilized to successfully implement the compliance program.
• Ensure full abidance to Banks’ internal policies, procedures, and local laws.
• Review the Bank’s Code of Conduct and ensure that it is implmented and not violated.
• Establishe written guidance to staff on the appropriate implementation of compliance laws, rules and standards through policies and procedures and other documents.
• Assess the appropriateness of the bank's compliance procedures and guidelines, promptly follow up any identified deficiencies.
• Review the new products & procedures that concern the business decisions as well as assessing the operational risk which may arise in case of important changes (Mergers, Acquisitions).
• Monitoring and assessing of Outsourcing Service Providers.
• Management of inquiries related to Conflict of Interest and Code of Conduct matters.
• Ensure personal data protection.
• Management of Branches/Units’ inquiries related to regulatory compliance issues.
• AML evaluation of new Correspondent Banking inquiries.
• Assist in FATCA implementation.
Reports to the Group Compliance Division (GCD):
Providing the following required information to the Group Compliance Division:
• The AML Annual reports which are submitted to the Bank’s Management through the Audit Committee, the Central Bank and other Competent Authorities.
• The Compliance Annual Review Report covering the Annual Action Plan of the previous year
• The Compliance Annual Action Plan (planning the activity of the new year).
❖ Jan. 08 - Mar. 08 Allianz for Insurance
- Financial Planner.
* Set the insurance plans
* Meet customer needs
❖ Dec. 06 - Jan. 08 Barclays bank
- Team leader - Direct Sales
* Lead a team of four subordinates.
* Recruit, develop and motivate a team of sales associates to drive and exceed sales targets within a set of compliance and quality standards.
* Manage team attendance in order to optimize the use of resources and deliver agreed team sales targets.
* Lead and contribute to the ongoing improvement of the team and departmental capability effectiveness
* Achieve more than 350 TIA/month (the main target), from 280 to 300 approved TIA/month from the target.
❖ Oct. 04 - Nov. 06 Egypt Yellow Pages.
- Assistant Sales Manager
* Worked with a team of four.
* Achieved 49% of my annual target in only 3 months.
* Negotiated for 2 Barter deals for the company by 50000 L.E.
❖ Sep. 03- Oct. 04 Reach for Trading &Dist.
- Accountant
* Financial Sector - Auditing and Taxes Department.
Bachelor of Accounting, Faculty of Commerce and Business Administration, Helwan University, Accounting Department, 2004