Assistant Manager – Compliance (CAMS)
Sharjah Islamic Bank
Total years of experience :14 years, 3 Months
a) Assistant Manager - Compliance
Sharjah Islamic Bank PJSC, Sharjah - U.A.E. January 2009 - Till Date
• Manage a team of 2 Compliance Officers for AML Transaction Monitoring, KYC Name screening, Sanctions screening and Customer On-boarding review.
• Review of Enhanced Due Diligence investigations conducted by Compliance Officers and submit to Head of Compliance with recommendation.
• Review STRs (Suspicious Transaction Report) prepared by the Compliance Officers for onward submission to Central Bank.
• Review the Customer On-boarding summary report prepared by the Compliance officers (For High Risk Nationals).
• Liaise with IT for AML system related changes or issues.
• Review the quality of Daily Rule Violations and Name matches closed by the Compliance Officers by selecting samples.
• Coordinate with other areas of the bank for the timely submission of requested details to Central Bank.
• Central Bank online request verification and authorization initiated by other areas of the banks (Retails Banking, E-channel etc.).
• Assist Head of Compliance in relation to the Central Bank matters.
• Report monthly statistics report to HOC about the compliance activities.
• Report Quarterly compliance statistics report to Risk Management Dept. for the RMC (Risk Management Committee) reporting.
Review of Membership Card Opening Documents received from branches to verify all KYC and KYCC policies are followed.
•Coordinate with other departments/branches on a monthly basis for obtaining information pertaining to AML activities.
•Review Suspicious Transaction Reports (STRs) received from the branches/other business units for completion of information and further investigation.
•Assure the compliance of OFAC Regulations on transactions sending to/routing through USA by verifying the physical documents.
•Handle queries received from Central Bank related to customers and obtain information and documents from other departments/branches.
•Conduct investigations relating to suspicious transactions or activity.
•Perform all compliance and AML related tasks as requested by Head of AML department.
Managed 25 cashiers and 30 Remittance Clerks in 5 Branches.
•Physical verification of Cash position by visiting branches.
•Verify/Reconcile Teller Proof Report.
•Identify and report un-transmitted Telex Transfers aged more than 3 days.
•Coordinate with other departments/branches on a monthly basis for obtaining information pertaining to AML activities.
•Review Suspicious Transaction Reports (STRs) received from the branches/other business units for completion of information and further investigation.
•Assure the compliance of OFAC Regulations on transactions sending to/routing through USA by verifying the physical documents.
•Handle queries received from Central Bank related to customers and obtain information and documents from other departments/branches.
•Conduct investigations relating to suspicious transactions or activity.
•Perform all compliance and AML related tasks as requested by Head of AML department.
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