Sanctions Manager
Noor Bank
Total des années d'expérience :12 years, 2 Mois
MANAGER SANCTIONS • NOOR BANK •APRIL 2019-PRESENT
• Manage blacklist screening systems for the bank (multi-jurisdiction); ensure
that the lists applicable are kept up-to-date at all times and are applied in
accordance with the regulatory requirements.
• Identify all relevant new legal and regulatory developments in relation to
Financial Crime, assessing their impact and assisting in developing action
plans to mitigate the impact of regulatory change.
• Ensure compliance with local laws and regulations concerning AML and CTF
and the handling of sanctions and embargoes.
• Perform daily review, monitoring, and analysis of transaction/payment alerts
using internal data to identify trends and unusual activity to determine if
transactions are suspicious in nature
• Provide the Head of AML & Sanctions with assurance that all controls required
under sanctions regulations are embedded within the processes of the bank to
avoid any sanctions breach and/or establishing relationship with a blacklisted
party.
• Promptly escalate any critical issues to ensure that the Bank is not
investigated, charged, fined or publicly castigated by any of the regulatory
authorities and/or international bodies for breach of sanctions.
• Manage Regulatory inspections of the Sanctions/AML area. Be part of the
Central of UAE audit related to Sanctions.
• Conduct special investigations and/or respond to the Enhanced Due Diligence
queries raised by correspondent banks. Provide feedback (accurate
information) within the agreed timelines.
• Assist in Drafting and maintaining Compliance policy and instructions based
on analysis of UAE Central Bank requirements and International Best Practice.
SANCTIONS/AML • UNITED ARAB BANK •NOVEMBER 2014- APRIL 2019
• Transactional Monitoring, Reporting and Level II Investigations.
• Assist in overseeing the regional Compliance responsibilities for Sanctions.
• Responsible for managing the bank’s Sanctions monitoring system.
• Assess Sanctions training needs and deliver training Programs.
• Responsible for handling correspondence bank enquiry from USD, GBP, EUR
and other currency clearers.
• Handling of deviations to mitigate sanctions risk by obtaining Risk Acceptance
form from the client and respective business unit.
• Handle KYC analysis of new on-boarding clients.
• Regular review of compliance program, monitoring system and SOPs.
• Acting as Subject Matter Expertise to the business and responding to queries
from staff & being a point of reference on AML/CTF/Sanctions matters.
• Evaluate reports of Suspicious / unusual transactions and reporting Suspicious
Transactions to Central Bank of UAE and maintain STR / SAR file.
• Regular maintenance and reporting of UAE Central Bank freeze list.
• Organize, plan, develop tests for, select samples and otherwise execute the
Annual Compliance Monitoring Plan.
• Comply with the requirements of the international regulators such as OFAC,
HMT, BIS, UN and EU and with local regulator Central Bank.
Directs and coordinates the work of other employees performing compliance
examination activities of relative complexity.
• Provide product and operations compliance support to the Tax Exempt Market
and Corporate teams.
• Track, monitor, analyze, communicate and execute on various state legislative
actions that impact the Retirement business.
• Provide compliance oversight support to the project teams who are working to
improve upon the unclaimed policy and escheatment processes.
• Assist compliance teams in gather factual information in response to customer
and regulatory complaints in accordance with Company policy and in
collaboration with Retirement business partners to achieve professional, well-
thought, balanced results.
• Maintain state legislation library (e.g., policies and procedures, templates,
records) and share material for consistency.
• Take ownership of matters and work across Compliance, Law, and Business
Teams to facilitate the resolution of issues.
• Perform routine and ad-hoc compliance monitoring roles (e.g., anti-fraud,
AML), including substantive testing.
Managing the whole team of 39 employees, which includes 4 team leaders.
Keeping track of daily progress in business. Getting the first hand information
about day to day work process from the employees. Reporting to manager about
work in progress on a weekly basis. Create schedules to ensure adequate and
efficient staffing at all times. Recruit, interview, hire, and train retail sales staff as
required. Advise Store Manager on staffing needs and personnel issues.
Ensure that newly-received product is stocked in a timely manner. Organizing
monthly presentation on the wok flow, performance of the company and
efficiency of the employees. Monthly review session with the team leaders and
employees.
Handling customer calls and providing the online services. Handling escalation
calls and reverting with suitable feedback. Leading TQM team and ensuring
quality service given to customers. Training the new employees (both on the job
and via training sessions). Weekly review of service calls and report.
Coordinating between employees and management for daily process.
SALES EXECUTIVE • VEERA’S CREATION,
Handle & head the team(12 members)ensuring smooth day-to-day processing.
• Authorize transactions and ensure all compliance check is done.
• Vet documents from compliance perspective to avoid breach of sanctions and
regulators rule.
• Organising conference call with clients to ensure client oriented requirements
are achieved.
• Conducting Regular Training for effective and efficient work process to
influence acquisition of more customers.
• Monthly presentation on new and existing products to employees & managers.
• Identify and contribute towards process improvement initiative Work outs.
Contribute to the various projects assigned by the manager/team leader from
time to time.
• Ensure all daily controls as assigned by the manager are adhered. Handling
escalations, mails, SR’s and queries in a timely manner.
• Keeping track of Accuracy, Productivity and TAT of other staffs and suggesting
ideas to minimize errors.
Responsible for sales and business. Handling customer according to their
requirements and priority. Responsible for customer satisfaction
Procure and stock maintenance. Weekly review of sales and business.
Daily reconciliation of sales and stock.
WORKPLACE ENDEAVOR
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