Senior Manager Sanctions Screening & Onboarding - Emirati Talent

Senior Manager Sanctions Screening & Onboarding - Emirati Talent

To develop, strengthen and maintain a Sanctions Compliance and Know Your Customer (KYC) / Onboarding program for the bank. To manage real‑time monitoring of inward and outward remittances against local and international sanctions requirements, CBI Compliance requirements and international best practice.

To investigate any blocked transactions and any other potential sanctions concerns. To remain at the forefront of regulatory developments and international best practice on risk typologies, trends and methodologies around KYC and Customer Due Diligence (CDD) standards and requirements.

To pro‑actively manage correspondent banking compliance relationships, with emphasis on thoroughly understanding and managing our key correspondent banking relationships, in liaison with our stakeholders at financial institutions.

To ensure that Senior Management of the bank are aware of the risks and resultant actions to be taken. To manage a team responsible for conducting enhanced due diligence reviews to support informed, risk‑based decision making in the best interests of the bank, in line with the bank’s risk appetite, regulatory requirements and correspondent bank expectations.

Being the subject matter expert and cohesive partner to stakeholders with primary advisory responsibility on Sanctions, KYC and CDD standards to be applied and followed across all areas and products of the bank.

Undertaking all overarching monitoring responsibilities associated with the area of specialization to provide informed and dynamic management information to support the ongoing assessment of a risk‑based approach, in line with the bank’s risk appetite.

VP Head of FCC – MLRO

• Sanctions Monitoring and Reviews
• Assisting in developing a sanctions compliance program for the bank under the supervision of the Senior Manager Financial Crime Compliance
• Managing the investigation of payment sanctions screening alerts and ensuring the necessary actions are taken.
• Providing guidance and advice to customers and Payments Sanctions Screening (PSS) Officers / Sr. Officers on sanctions and the alert investigation process, highlighting requirements and methodologies to follow.
• Escalating any potential violation/exact match involving sanctions designated individuals / entities to the Senior Manager Financial Crime Compliance/Head of Compliance immediately.
• Managing queries, follow‑up with the relevant business unit and ensure all alerts are attended to within the agreed Turn Around Times.
• Providing guidance and advice to Business / Operations staff in sanctions related cases.
• Ensuring proper identification of typologies and red flags during sanctions screening investigations.
• Being responsible for list management to ensure proper screening is undertaken to detect and avoid sanctions breaches whilst simultaneously minimizing the number of false positives, where possible.
• Maintaining relevant watch lists in the sanctions screening system including prohibited countries, Good Guy Lists and internal lists.
• Ensuring all correspondent bank queries and requests including specific requests on transactions as well as requests relating to the completion of correspondent bank AML/KYC/USA PATRIOT Act Certificates are properly responded to within agreed / reasonable time frame.
• Performing periodical quality assurance of customers screening alerts.

• Assisting in building a scalable operating model, which can provide a best in class client onboarding and ongoing CDD/KYC Compliance experience, whilst also meeting regulatory requirements.
• Leading, mentoring and managing accountability for the team to drive an optimised operating model and drive process changes and efficiency opportunities and to ensure that business deliverables are met.
• Have ongoing / periodic customer due diligence reviews performed to ensure the risks associated with customers are sufficiently addressed through the frequency of reviews.
• Liaise with the Regulatory Compliance Team or Centralised Controls & Governance Team to ensure that assurance exercises…