Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
- Develop and maintain the KYC ( Know Your Customer ) on customers and vendors.
- Provide guidance to management and sales team on sanctions and other risky issues.
- Contract compliance to avoid penalties and keep Masria reputation up.
- Develops, initiates, maintains and revises policies and procedures related to the compliance function and its activities to prevent illegal, unethical or improper conduct.
- Exercises discretion and use of independent judgement with respect to matters of significance.
- Collaborates with Masria management to provide information to accurately determine the company extent of compliance.
- Stays abreast of changes in regulation, guidance and best practices to inform Masria’s Management of and provide information on compliance changes that may affect them.
- Anti-Money Laundering/OFAC Compliance Program in line with current industry best practices, regulatory guidance and requirements.
- Assist various departments in evaluating policies and procedures for compliance with the laws and regulations.
- Assist in developing and presenting compliance training sessions for the Board of Directors, Management and Employees.
- Identifies potential areas of compliance vulnerability and risk through analysis and assessment.
- Develops corrective action plans for problematic issues and provides guidance on resolution and future prevention and mitigation.
- Prepares reports for Management and the Board of Directors concerning the compliance function including scope and results.
- Works with the Internal Auditor in functions involving compliance related issues.
- Act as liaison/contact for regulator examinations and internal and external independent reviews or audits of Compliance areas.
- Participates in response to exam and audit concerns and oversees corrective action of all related compliance deficiencies or violations.
- Monitors the performance of the compliance programs and related activities taking appropriates steps to improve its effectiveness.
Job Requirements
- Bachelor’s degree in Law (English or French)
- Additional certificates such as CCO or CAMS are preferred,
- Experience in compliance/AML/ regulatory with a financial environment is a must.
- Strong written and verbal communication skills required, English language must be perfect.
- Must possess the ability to build relationships across the organization and with customers and professional vendors.
- Ability to interact effectively with all levels of management, staff, legal counsel, law enforcement, regulators and auditors.
- Strong decision making, analytical and investigative abilities with attention to detail and accuracy.
