Job Description
EG-Bank is currently recruiting for the role of Sanction & KYC Manager
Assist the Head of AML/CFT Department to identify, quantify and manage various Sanctions/KYC risks across the various bank activities.
Duties and Responsibilities
Your main responsibilities in this role include the following:
Assist the Head of AML/CFT Department to assess all Sanctions/KYC related electronic systems and manage the needed developments in alignment with the concerned stakeholders.
Reply on Sanctions/KYC related inquiries & approval requests from branches, sectors, & other stakeholders by mail, email, and electronic systems.
Assist the Head of AML/CFT Department to reply on Requests & Inquiries from Regulatory Authorities by mail, email, and electronic systems.
Assist the Head of AML/CFT Department to prepare Sanctions/KYC regulatory reports to regulatory authorities as applicable.
Review the cases/alerts prepared by Officers & Senior Officers on all Sanctions/KYC related electronic systems, manual reports, and Internal STRs as applicable,
Handle the cases/alerts Assigned by the Head of AML/CFT Department on all Sanctions/KYC related electronic systems, manual reports, and Internal STRs as applicable.
Assist the Head of AML/CFT Department to develop / enhance Sanctions/KYC related systems, policies, and procedures.
Keep abreast of the Sanctions/KYC regulatory changes/developments and assist the Head of AML/CFT Department / stakeholders to undertake proper impact analysis and identify suitable mechanisms of implementation as applicable
Provide effective reporting of Sanctions/KYC updates/issues/areas of development to the Head of AML/CFT Department to be presented to Head of Compliance for further submission to the bank audit committee
and executive management along with the recommended corrective actions as applicable
Assist Head of AML/CFT Department in managing the relationship with the FC regulator(s)
Review new and existing banking products, services, policies, procedures to ensure being in line with the Sanctions/KYC regulatory standards & other associated compliance aspects
Handle any additional tasks/projects assigned by the Head of AML/CFT Department
Keep abreast and be capable of handling compliance aspects other than financial crime through appropriate knowledge and self-development
Job Requirements
Bachelor Degree
Desired education: Additional Compliance Certification
Fluent in Arabic and English (writing and speaking)
5 to 9 years or more of banking experience with working experience in compliance
Knowledge and understanding of Sanctions/KYC and other compliance related standards/practices
Knowledge and understanding of applicable local/international regulations
Risk management oriented with capabilities of designing and conducting effective compliance monitoring and training
Analytical and decision making skills with the ability to develop solutions
Communication and presentation skills
Accountable and committed
