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Regional Compliance Manager- Middle East & Africa MoneyGram International

5:52:00 PM

The responsibilities of the Regional Compliance Manager for the Middle East and Africa primarily include developing and implementing enterprise and regional AML/CFT/Fraud compliance efforts in a highly regulated financial services environment. You will be responsible for developing strategies for compliance risk management and for designing and implementing internal controls, policies and procedures to assure compliance with applicable country laws, corporate standards and third party guidelines. This position may oversee a multicultural and multinational staff in the areas of local program development, regulatory outreach, agent oversight, new product and business support and compliance investigations throughout. The Regional Compliance Manager also conducts investigations; provides ethics and training program support and may have money laundering reporting.

Primary responsibilities are as follows:

  • Agent management and oversight program 55%
  • Regional Program Development 10%
  • Enterprise Program Implementation 15%
  • Regulatory Outreach 10%
  • Business Support 10%

Desired Skills & Experience

  • Management level work experience as a compliance subject matter expert in a multinational fast paced complex environment.
  • Relevant Degree completed. Post Graduate studies are an asset.
  • Banking or financial services industry experience is strongly preferred.
  • Superior knowledge of local AML Regulations, FATF, PSD Regulations, Consumer fraud issues, Office of Foreign Assets Control.
  • Knowledge of Bank Secrecy Act -US Patriot Act is preferred.Track record demonstrating increasing compliance responsibilities, scope of function and responsibilities.
  • Proven experience and ability to operate multi-nationally with regulators, law enforcement, business partners, and agents.
  • Demonstrated ability to manage effectively in a matrix organization and develop partnerships with multiple business and functional leaders.
  • Strong Leadership experience with proven ability to build teams; set clear expectations and manage performance.
  • A commercially minded approach to business and compliance.
  • Superior internal and external stakeholder management skills.
  • Project management experience. Supporting studies or a Project Management qualification is strongly desired.
  • Proficient in English and. Fluency in Arabic is an asset.
  • Professional communication and presentation skills.
  • Flexibility to travel. The regional remit of this role may change as business needs and opportunities arise.

Please apply with a CV in English

Company Description

MoneyGram International is the second-largest money transfer company in the world with business operations in two categories: Global Fund Transfer and Financial Paper Products. Through approximately 227,000 agent locations and operations in over 190 countries, the company is committed to providing affordable, reliable and convenient payment services worldwide. The company, which was founded in Minneapolis as Travelers Express, started as a small money order operation in 1940. MoneyGram headquarters moved to Dallas, TX in November of 2010, but Minneapolis remains as a large employee base for IT, Operations, Compliance, HR, Finance and Accounting. Company Facts: *The company first passed the billion dollar mark in revenue in 2006 *MoneyGram has more than twice the locations of McDonald’s, Starbucks, Subway and Walmart combined *Approximately $19 billion was sent around the world in 2010 using MoneyGram money transfer services *MoneyGram has approximately 2,400 employees around the world *The company’s call center and website supports 23 languages *In 2010, the company made revenues of $1.17 billion; Adjusted EBITDA of $254 million *The company is 82% owned by THL (53%) and Goldman Sachs (29%) *MoneyGram is listed on the New York Stock Exchange under the ticker symbol MGI

Additional Information

Posted:
March 18, 2012
Type:
Full-time
Experience:
Mid-Senior level
Functions:
Legal
Industries:
Financial Services
Job ID:
2725726

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