Key Responsibilities:
- Analyze alerts generated by the relevant screening system (NORKOM) based on the review of customer profiles, activities, and account behavior, in collaboration with the respective Relationship Manager (RM) or branch of account.
- Consult with different Lines of Business (LOBs) to gather necessary feedback to justify transactions.
- Evaluate feedback from different LOBs regarding the justification of transactions.
- Collect documentary evidence for suspicious transactions and ensure proper record-keeping of cases reported to the EMLCU (Egyptian Money Laundering Combat Unit).
- Prepare and submit Suspicious Transaction Reports (STRs) when necessary, reporting to the Head of Anti-Money Laundering (AML) & Fraud Prevention, and the Head of Compliance and Financial Security.
- Ensure that all analyses and reviews of suspicious transactions are conducted in compliance with local AML laws and EMLCU guidelines and regulations.
- Review and provide input on CAE policies and procedures related to the Compliance and Financial Security (CFS) function, with a particular focus on AML regulations.
- Assist with audit requirements and ensure the implementation of audit recommendations within the specified timelines.
- Review policies and procedures from an AML perspective to ensure compliance.
- Assist with emergency or ad-hoc tasks assigned by the direct manager or department head.
- Coordinate with other LOBs to address their queries or requirements related to compliance functions.
- Collaborate with the team on any other tasks assigned by CFS management or the direct manager.
- Take on responsibilities as required within the OFAC Remediation Plan.
Qualifications:
- Bachelor’s degree in Commerce.
- Minimum of 2 years of general banking experience.
- Proficient in English.
- Strong communication skills.
- Experience with bank policies and operations.
- Background in operations and credit-related functions.