Description:
We are hiring Compliance Officer/MLRO for a Money exchange in Doha, Qatar. Qualified and relevant experienced candidates are welcome to apply for the post.
Experience & Education
- Bachelors/Masters Degree
- Professional Certification-CAMS
- Minimum 5 years of experience in the financial services industry as a Compliance Officer
Company Industry
Financial Sector/Exchange House
Department / Functional Area
Compliance
Nationality
Any Nationality
Candidates who are working in GCC or Other countries can also apply.
Responsibilities and Duties
- Creation of company compliance procedures.
- Maintaining effective communication with the local regulatory authorities. Developing, documenting, implementing and executing a regulatory compliance program, including AML/CFT.
- Is the recipient of all the Critical Incident Reports and Internal Suspicious Transactions Reports (STRs), and takes any measure to manage these in the most appropriate manner, so as to avoid any risks imposed on the company.
- Making sure that the Organizations Compliance Policies and Procedures, including the AML/CFT Policy & Procedures, are updated with the latest Legal and Regulatory requirements of the country.
- Ensure day-to-day compliance of the business against internal AML/CFT policies and procedures
- Act as the key contact point regarding all AML/CFT related matters/queries from the Central Bank and any other competent authorities
- Identifying, with the assistance of the or external legal advisors, the regulatory framework which governs and or affects the operations of the Entity, including the creation and maintenance of an up to date register of the existing regulatory framework including evaluation of compliance;
- Ensuring that all employees within the company are trained in regulatory compliance-related matters and are performing their functions in compliance with the rules, regulations and firm’s internal policies;with special attention on the AML/CFT Regulatory Framework and on the latest AML/CFT Policy & Procedures;
- Ensuring to have records on all trainings conducted on AML/CFT for the employees.
- Conducting regulatory compliance reviews on an ongoing basis, and monitoring the CB Audits;
- Providing support and proper guidance to Departments, including operations that have queries related to regulatory compliance.
- Provide necessary reports to the Board of Directors on all AML/CFT issues, on a quarterly basis at a minimum.
- Conduct regular gap analysis between the existing AML/CFT procedures and current laws, Regulations, Notices and other Central Bank regulations in order to determine the extent of compliance.
- Propose actions required to address gaps if any, and
- Prepare bi-annual Compliance reports in accordance with the Central Bank regulations laid out