Assistant Manager – KYC and Screening (Mashreq Digital Bank Pakistan)

Job Purpose

To support the MLRO function in executing Mashreq Digital Bank Pakistan’s Sanctions, KYC and Name Screening framework by reviewing alerts, conducting investigations, and ensuring compliance with SBP AML/CFT/CPF Regulations and Mashreq Group standards.

Strategy

• Contribute to the design and ensure operational effectiveness of Sanctions Screening policy measures and procedures that will mitigate AML/TF risk for Mashreq Digital Bank.
• Ensure local regulatory requirements on Sanctions Compliance and Mashreq Group requirements have been incorporated in the design of AML policy and procedures.

Risk Mitigation

• Review and analyze Name and Transaction Screening alerts generated by screening systems for retail and business banking customers.
• Conduct initial investigations, gather supporting documentation, and determine alert disposition in line with internal SOPs.
• Escalate potential matches to Senior Manager for further review and decision-making.
• Ensure timely completion of alerts within defined SLAs and maintain quality standards.
• Assist in periodic tuning and testing of Name Screening filters and thresholds.
• Support implementation of new screening rules, including local and global sanctions list updates.
• Handle all local List Management related activities.
• Provide advisory support to Business teams on Name Screening and sanctions-related queries.
• Assist in validating customer information during CDD and EDD reviews for high-risk customers.
• Ensure screening records are complete, accurate, and updated in line with SBP regulations and Mashreq Group standards.

Governance

• Assist in the performance of root cause analysis on control /other failures to ensure lessons are learned across the bank.
• Ensure adherence to SBP AML/CFT/CPF Regulations and Mashreq Group Sanctions policies.
• Participate in internal reviews and audits related to Name Screening processes.
• Contribute to process improvements and compliance projects as assigned.
• Ensure tracking of identified Sanctions related issues in Business areas through reviews and audits.
• Escalate Sanctions and Screening related to Compliance Management and Business teams for visibility and tracking.

Other Responsibilities :

Perform other responsibilities as assigned by Line Manager or as defined under Mashreq Banks policies and procedures.

Key Skills & Qualification

Behavioral Skills

• Excellent analytical and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Effective communication and collaboration with stakeholders.
• Self-motivated and detail oriented.

Technical Competencies

• Good understanding of sanctions and screening risks and SBP regulatory requirements.
• Familiarity with Name Screening systems and case management tools.
• Knowledge of sanctions lists (UN, OFAC, EU) and local list management processes.
• Ability to document investigation rationale clearly and accurately.

Qualification

• Bachelor’s degree in Finance, Business, Economics, or related field.
• Preferably CAMS certified.
• 3–4 years of experience in handling AML/CFT/Sanctions Investigations