Compliance and AML Officer

Key Responsibilities

Compliance:

1. Monitor and ensure adherence to local and international compliance regulations, including those set by the Qatar Central Bank (QCB).
2. Develop, implement, and maintain compliance policies and procedures.
3. Conduct regular compliance audits and assessments to identify and mitigate risks.
4. Prepare and submit required compliance reports to regulatory authorities.
5. Provide guidance and training to employees on compliance issues and updates.

Anti-Money Laundering (AML):

1. Implement and maintain an effective AML framework in accordance with QCB and international standards, such as FATF guidelines.
2. Perform customer due diligence (CDD) and enhanced due diligence (EDD) processes.
3. Monitor transactions for suspicious activity and report suspicious transactions to the Financial Information Unit (FIU).
4. Conduct periodic risk assessments related to AML and counter-terrorism financing (CTF).
5. Stay updated on changes in AML/CTF laws and best practices.

General Duties:

1. Collaborate with internal departments to ensure a strong compliance culture.
2. Handle regulatory inspections and audits, acting as the primary point of contact with regulators.
3. Maintain a repository of compliance documentation and records.
4. Identify and report compliance risks, recommending corrective actio

Job Details

Preferred Candidate