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AML Assistant Manager

Ref: AWE1265984
Middle East & North Africa, Qatar
Financial Services, Risk Management & Compliance
7th February 2016
Job Type

Our client, one of the regions leading banks, is looking for a confident and experienced AML professional to join their team in Doha. The successful candidate  will take responsibility of managing and maintaining the organization’s obligations as it relates to the supervision and reporting of money laundering activities.

He/she will be responsible for designing, evaluating, supporting, and influencing a culture of compliance throughout the organization, as well as assisting in the management and execution of an efficient compliance monitoring program.

Responsibilities include but are not limited to:

  • Assist with the development and management of a compliance sign-off process for each department
  • Assist in the development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations
  • Provide assistance in preparing for impending regulatory changes or revisions to licensing structure
  • Handle the management and execution of second line monitoring and assessment program for Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF)
  • Improve and maintain AML/CTF policies and procedures
  • Ensure compliance with regulatory framework put in place by local and international stakeholders
  • Aid with the improvement of tools to monitor, analyze, and report suspicious activity
  • Handle file reviews of suspicious activity to ensure compliance with the policies and procedures put in place
  • Identify and inform of any changes to legislation and other regulatory requirements relating to AML/CTF
  • Aid in the design, development, and implementation of a risk assessment framework to support all customer interactions
  • Provide oversight to the operational team which acts as the first line monitors and investigators of suspicious activity
  • Ensure consistent and timely feedback on cases that have been escalated
  • Liaise with management to develop investigative strategies
  • Develop and participate in compliance programs and initiatives
  • Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted
  • Ensure detailed and prompt investigation of all AML/CTF incidents and cases
  • Manage the resolution of cases through internal and external communications
  • Help with identifying any AML/CTF loopholes and coordinating projects to bridge those gaps
  • Maintain a proper register of all incidents reported internally and externally
  • Develop and execute face-to-face training for staff in various business units as required
  • Aid with general compliance awareness and refresher training

Key skills and qualification: 

  • BA Honors degree as a minimum university level qualification
  • At least 5 years of relevant experience
  • AML experience is essential within a bank or financial services company
  • Arabic speakers preferred
  • Visa requirements for Qatar 
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