Compliance Coordinator - AML (Monitoring & Analysis) | Compliance SBU | April 2026

Mauritius
Permanent
Full-time

7 days ago

Job Description:MCB's Compliance SBU is looking for a Compliance Coordinator who will play an important role as a second line of defense within corporate governance for assessing, controlling and mitigating compliance and reputational risk arising from MCB's operating environment and activities.By joining the team, you will be responsible for ensuring that MCB conducts its business in full compliance with all applicable laws, rules, regulations and codes, as well as professional standards, accepted business practices, and internal policies, standards and procedures.We are on the lookout for:Job vacancy: Compliance Coordinator - AML (Monitoring & Analysis)In this role you will,

Assist the Team Leader, Compliance Manager_AML and/or the Group Head of Compliance in ensuring that the organisation is complying with all relevant laws, regulations and industry codes and standards of best practices;
Manage the AML - Monitoring & Analysis team by empowering, motivating and managing the performance of employees to promote a high-performance culture;
Ensure that the monitoring activities of the cluster as set in the Compliance plan are duly carried out and relevant reports issued as per set time frames;
Monitor that across the Bank, transactions monitoring alerts are being handled and properly closed in a timely manner;
Effect file reviews of customers on which Adverse ML/TF Media cropped up and make relevant recommendations within the timeframe set;
Ensure the customer file reviews per risk category (High/Medium/Low) are duly completed by the different lines of business in a proper and timely manner;
Contribute to the preparation and submission of quarterly reports of Compliance SBU for Management and the Board;
Investigate, report and make recommendations on breaches, potential breaches or regulatory issues, particularly regarding cash transactions and cross-border operations;
Assist as required with regard to regulators in the context of the latter's on-site inspection/special examinations;
Support assigned areas on compliance related issues, including provision of advice, and assistance in communication to external parties;
Provide technical support and guidance for the development and delivery of training programs in relation to MCB's processes, procedures and controls, as well as AML/CFT;
Share knowledge/experience and coach team members in respect of the various tasks effected within the AML - Monitoring & Analysis cluster and Compliance SBU, as applicable;
Monitor data/transactions to identify trends/irregular activities which may point out cases of money laundering and secure corroborating evidence on doubtful activities in order to raise level of detection and reporting;
Keep abreast of developments in regulatory framework, financial and banking trends and industry best practices and standards towards continuous improvement initiatives;
Assist the Team Leader, Compliance Manager - AML in the preparation and submission of annual compliance plans for the AML - Monitoring & Analysis cluster to the Group Head of Compliance;
Participate in the regular updates to the Enterprise Wide Risk Assessment (EWRA) exercise to allow for a prioritisation of resources to higher AML/CFT/PF risk areas identified to mitigate further these risks;
Assist in the review of procedures for inadequacies that may ultimately entail risks and ensure that changes to business practices and products are adequately covered by MCB's procedures and controls;
Participate in any project/initiative as may be advised by the Team Leader, Compliance Manager - AML and/or Group Head of Compliance;
Assist the Team Leader, Compliance Manager - AML and/or Group Head of Compliance in the write-up for Compliance in Annual Reports of MCB Ltd & MCB Group.

To succeed you will be required to demonstrate the following competencies:

Analyses and integrates potentially conflicting numerical, verbal and other information from multiple sources;
Coaches and supports others in managing their stress levels and sustaining work levels, in light of difficult targets;
Makes decisions quickly when necessary and demonstrates the ability to do so on the basis of incomplete information;
Consistently achieving results, even under tough circumstances;
Leads by example and creates a positive work atmosphere by focusing on successful accomplishment of objectives;
Manages disagreements with tact and diplomacy at all levels within the organization;

Building partnerships and working collaboratively with others to meet shared objectives.We are looking for candidates who have a minimum of:

A Bachelor's degree in Business Administration/Financial Services;
Minimum 8 Years' working experience in a financial or banking environment;
Minimum 5 Years' working experience in compliance, audit and/or legal sectors.

11 Years' working experience in a financial or banking environment;
8 Years' working experience in compliance, audit and/or legal sectors.

You will also be required to demonstrate:

Sound knowledge in banking and financial operations and procedures;
Thorough knowledge of regulatory framework including, inter alia, Banking Act 2004, Bank of Mauritius and FSC Guidelines, Financial Services Act 2007, Prevention of Corruption Act 2002, Financial Intelligence & Anti Money Laundering Act 2002, Financial Intelligence and Anti-Money Laundering Regulations 2018, Borrowers' Protection Act 2007, Companies Act 2001, Data Protection Act 2017, The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019, The Anti-Money Laundering And Combatting The Financing Of Terrorism And Proliferation (Miscellaneous Provisions) Act 2019, and the Financial Crime Commission Act 2023;
Excellent analytical, writing, reporting and communication skills.

A combination of both qualification & experience will be considered.Should this opportunity match your career aspirations, skills and competencies, click on 'Apply' to complete your online application.Please ensure all required information is accurately entered in relevant sections. Any incomplete application will not be considered. Kindly attach a complete CV when applying.As part of the recruitment process, candidates will be required to provide a valid Certificate of Character of less than 3 months and two professional references.The deadline for submission of application is 20 April 2026.The Management reserves the right not to appoint anyone following this advert.

MCB Group

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