Manager Compliance Assurance (Mashreq Global Network Pakistan)

Job Purpose Contribute to development an effective Assurance framework within Compliance. Provide assurance to Compliance Senior Management on the effectiveness of the Compliance Program. Collaborate with other Compliance verticals to ensure that internal controls are working effectively. Oversight on key compliance risk to ensure that the provision of the regulations, standard/procedures are met. Pro-actively and promptly escalate any critical issues within Compliance and/or Business to ensure that the Bank is not investigated, charged, fined or publicly castigated by any of the regulatory authorities Responsibilities Assist in development and implementation of an effective independent Quality Assurance framework across Compliance Function including international locations. Execute periodic reviews as part of monitoring & testing to ensure Bank’s internal procedures/policies remain compliant; providing guidance as necessary. Conduct independent validation of Compliance Systems (Screening / Payment / Transaction Monitoring system) Track implementation of recommendations & regularization of exceptions, if any, identified during periodic assessments. Exchange insights and best practices. Provide necessary guidance to other compliance units in finalizing the relevant procedures of their respective unit. Assist Head Office Compliance in annual review & update of Compliance Policies – Banks’ AML/ KYC/ Sanction and ABC Policy. Promote positive compliance culture across