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Job Description
- Ensure regulatory & internal compliance policy concepts are applied in the day-to-day job.
- Ensure that information obtained satisfies regulatory requirements and is consistent with internal Compliance & Risk Policy and Procedures. Follow up and track all documents required to satisfy new account requirements.
- Shall be responsible for collecting and analyzing documents related to user account opening in order to identify control persons and underlying beneficial owners.
- Customer Identification and KYC/ KYB documentation oversight requirements. Conducting reviews of client documentation/information submitted by business units; A good understanding of Corporate Documents associated with Offshore Shell Corporations and Foreign Financial Institutions is needed.
- Must conduct research and apply analytical skills to analyze large amounts of data to decipher high risk attributes & identify unusual patterns.
- Managing transaction & account risk monitoring operations.
- Conduct an annual review of the efficiency and effectiveness of the transaction monitoring process.
- Build & implement measures, tools, techniques & processes to run the Compliance and Risk function effectively.
- Specific projects which may rise from time to time from regulatory or organization goals.
- To represent in front of the authorities to detail the measures in place or explanation.
Job Requirements
- 5+ Years of relevant experience.
- Certified Anti-Money Laundering Specialist (CAMS) Certification.
- Lead implemented of compliance policy.
- Hands on with KYC and KYB compliance operations.
- Good understanding of AML, CFT and OFAC Compliance framework.
- Working experience on FATF related STR, SAR & CTR.
- Worked on transaction & account risk monitoring operations.
- Shall have experience with research tools such as Dow Jones or World-Check etc.
- Data driven & analytical in drawing inferences.
- Good with Excel, Word. Knowing SQL would be a added advantage.
- Strong interpersonal skills, attention to detail & ability to deal with stakeholders independently.
- Fluent in both Arabic and English.
- Bachelor degree.
