Vice President – AML Investigations & RRU

Role Overview

Vice President – AML Investigations & RRU at Mashreq.

Role Purpose

Lead anti-money laundering investigations and regulatory response operations across the bank, serving as Deputy Money Laundering Reporting Officer, managing on-shore and off-shore teams, and ensuring compliance with AML/CTF requirements while supporting strategic technology and analytics initiatives.

Key Responsibilities

Investigations & Team Leadership

• Oversee and manage the AML Investigations and Analysis programme.
• Lead a team of on-shore Investigators and indirectly manage teams of Analysts in Centers of Excellence.
• Cover in-scope products across Retail Banking Group, Corporate & Institutional Banking Group, and where applicable, Financial Institutions.

Regulatory Compliance & Reporting

• Take decisions on cases that warrant filing Suspicious Transaction Reports (STRs) to the Financial Intelligence Unit of the United Arab Emirates.
• Act in the capacity of Deputy Money Laundering Reporting Officer (MLRO) or MLRO delegate.
• Manage regulatory review, internal audits and assurance reviews effectively.
• Promptly respond to regulatory and law enforcement queries.

Operations & Risk Management

• Oversee and manage the operations of the Regulatory Response Unit.
• Maintain ongoing awareness and knowledge of all applicable internal and external AML and Combating the Financing of Terrorism (CTF) requirements.
• Monitor existing and emerging legal and statutory environment.
• Proactively identify issues that could impact the risk profile and reputation of the bank.
• Promptly escalate emerging and critical issues to ensure risk reduction and reputation risk management.
• Support continual optimization of Transaction Monitoring models.

Advisory & Stakeholder Engagement

• Provide AML advice and guidance in relation to AML Investigations to Embedded Compliance functions.
• Advise Business, Technology, Digital/Analytics and Operations teams.
• Support development of appropriate risk management frameworks for emerging businesses and partnerships including FinTechs, Payment Service Providers, and Digital Asset/VASP providers.

Strategy & Technology Delivery

• Develop and run the AML Intelligence Exchange capability.
• Support strategy setting and spearhead delivery of critical technology and advanced analytics projects.
• Improve risk coverage and reduce inefficiencies in processes.
• Contribute to improving customer experience as it relates to AML processes.
• Support development of a sustainable and future-ready Product Roadmap for all systems and technology supporting Compliance AML.

Continuous Improvement

• Develop projects to continually optimize and improve efficiency of AML risk management capabilities.
• Develop and deliver ongoing efficiency improvement plans.
• Optimize cost and resource allocation without compromising capability or risk coverage.

Qualifications & Experience

The source does not specify required qualifications or years of experience.

Skills & Competencies

The source does not specify required skills or competencies.

Additional Information

The source does not provide information on contract type, benefits, travel requirements, or other additional details.