Compliance Officer

Arab Bank - Qatar - Doha

Accountabilities and Key Roles:

  • Ensuring compliance with applicable law, rules, regulations, and guidelines.
  • Advocating and facilitating the development, implementation, communication and maintenance of compliance across country or line of business operations, working closely with country or line of business functional heads.
  • Assisting in developing a country or line of business specific compliance strategy to ensure ongoing compliance, consistent with application laws and regulation.
  • Assisting in developing country or line of business specific procedures, in alignment with Head Office policies and guidelines.
  • Assisting in developing compliance key risk indicators and other reports.
  • Maintaining current understanding of Country Risks including regulatory requirements, Bank products , services, and customer types.
  • Assisting in monitoring and assessing Compliance program effectiveness at a country or line of business level.
  • Ensuring continuous enhancement of awareness and knowledge of compliance guidelines and requirements through preparation and dissemination of compliance communications and education.
  • Identifying opportunities for improvement, establish action plans, and lead initiatives to further strengthen the country or line of business compliance program.
  • Assisting in reviewing new products and services to ensure that all regulatory rules and guidelines are reflected in the policies and procedures.
  • Adherence to all information Security policies and standards to protect the Bank’s employees, assets , resources and data from illegal or damaging actions by individuals, either knowingly or unknowingly.
  • Monitoring day-to-day operations and compliance with the AML/CFT Law, these Instructions, and the financial institution’s policies, procedures, systems and controls; regularly assess and review (at least once a year or when necessary) their effectiveness in relation to preventing ML/TF.
  • Assisting in the implementation of the financial institution’s AML/CFT policies, procedures, systems and controls, including the risk-based approach to ML/TF risks.



Job Requirements:


Education:

  • University degree from a recognized university


Experience:

  • Minimum of 2-3 years of Compliance experience with a leading Regional/ International institution.


Competencies:

  • Fluent in English and Arabic
  • Strong analytical skills .
  • Good presentation, communication and interpersonal skills.
  • Good understanding of Compliance practices and local regulations
Post date: 1 October 2024
Publisher: LinkedIn
Post date: 1 October 2024
Publisher: LinkedIn