Team Leader Compliance Monitoring & Transaction Screening
Tanfeeth by Al Rajhi Bank
Total years of experience :19 years, 6 Months
• Lead team to re-engineer and development Sanction Screening systems.
• Lead team for monitoring, investigation, analysis and screening of outward transactions.
• Lead team for monitoring, investigation, analysis and screening of Global transactions.
• Investigator with Anti-Fraud team on Payments suspicious.
• Responsible for monitoring of risks of Trade transactions, Treasury Payments.
• Analysis all of Payments issued through Foreign branches.
• Prepare monthly report of Payments turnover to management.
• Monitor risks of Trade Transactions.
• Monitor risks of Operations process of Foreign branches.
• Analysis of Trade Transactions risks and quality assurance.
• Trade Finance support.
• Coordinate with Compliance for any suspicious.
• Prepare monthly report of Payments turnover.
• Responsible of SADAD daily settlements.
• Responsible of SADAD monthly financial report.
- Monitor risks of USD Outgoing Payments.
- Risk payments analysis and quality assurance.
- FI supporter.
- Caution with regard to the risk of Individuals, Institutions, Companies and Correspondent banks.
- Ensure that the nationalities and countries are not sancationed or high-risk.
- Check the activity of institutions, companies and the purpose of the payment and application of reliable documents.
- Check and review AML/KYC for payments with Compliance department.
- Review daily amounts that are related to the SADAD through a SARIE then transferred to the accounts related.
- Review the customer claims with respect to the Saudi Electric Company through SADAD portal.
- Preparation of monthly SADAD financial report and revenue.
• Preparing the Annual Review for Banks limits and following up the Annual Renewal of Banks and Countries Limits and updating them on the relevant system.
• Assign Money Market, Foreign Exchange, MM Investment, LC and LG, etc, lines with the concerned departments for banks and countries, depends on their financial position and ratings.
• Initiate Relationship Management Application (RMA) SWIFT key with correspondent Banks after studying the bank's status and due diligence.
• Receive corresponding banks with a view to expand relationships in Trade, Treasury, Investments, Account Relationship, cash management, promoting remittance business and seek better terms for Banks Business & lines.
• Coordinate other bank’s business requests with the concerned department.
• Open and close correspondent bank's Vostro accounts and monitoring balances in bank’s system.
• Contact all the correspondents banks in regards to issues related to Nostro & Vostro accounts.
• Controlling & monitoring the Outstanding risk for the Correspondent banks.
• Handle there related AML/KYC inquiries in conjunction with Risk & Compliance department.
• To review & monitor Banks and country limits throughout the year.
• Prepare proposals for the Senior Credit Committee and Executive Committee.
• Responsible for ANB's External Authorized Signatures.
• Handling inquiries from correspondent banks.
• Prepare and send various of SWIFT FIN messages, broadcasts and queries to correspondent banks.
• Establishing Swift Authenticator Key (SAK) Agreements with correspondent banks on Swift System
and follow-up them until exchanging swift key successfully.
• Taking care of any pending issues between ANB & correspondent banks.
• Handling requests for issuance of LGs and confirmation LCs received from Trade Operations Center, Corporate Banks Group, Commercial Banking Division and London Branch.
• LCs & LGs settlement report monthly and follow up this report with Trade Operations Center.
• Check with Trade Operations Center in case of difference in Banks LCs & LGs balances.
• Preparing & typing (Risk and Control Self-Assessment) monthly report.
• Prepare and update the Financial Institutions manual guide which contain the policies and procedures.
• Business Continuity team Member..
.• Update SWIFT and TAPS system database and solve any technical communication problems.
• Handling the Swift Broadcasts MT094 and taking the necessary action.
• Preparing our Bank's Internal & External Authorized Signatures Book and Subsequent Amendments and coordinate with Human Resources Group in this respect. Also, prepare swift message to Nostro & Vostro correspondent Banks regarding signatures deletion.
• Maintaining an updated list of correspondents address, files, authorized signatures, annual reports, terms & conditions etc.
• Handling archives, visiting visa requests for correspondent banks.
• Preparing letters in Arabic & English.
Bachelor of Science