Compliance & MLRO Officer (Bahraini) - Manama, bahrain, Bahrain

فقط للأعضاء المسجلين Manama, bahrain, Bahrain, البحرين

منذ يومين

$54,400 - $104,800 (USD) لكل سنة

Company · Our client is one of the leading insurance companies in Bahrain. They are currently looking to hire a Compliance & MLRO Officer to be based in Bahrain. · Duties & Responsibilities: · Support the Company's business in Bahrain to maintain a strong Compliance Culture and ...

وصف الوظيفة

Company

Our client is one of the leading insurance companies in Bahrain. They are currently looking to hire a Compliance & MLRO Officer to be based in Bahrain.

Duties & Responsibilities:

Support the Company's business in Bahrain to maintain a strong Compliance Culture and ensuring compliance with all regulatory requirements.

Responsible for supporting the Compliance department in managing the level of compliance risk within the business within tolerances agreed by the Board and ensuring that the Company has adequate processed for managing the Compliance and AMLICFT risk.

As necessary, develop and maintain effective relationships with all Regulators and keep up to date with the regulatory and legislative environment.

Support the delivery of the Compliance Plan to provide a coherent strategic framework, a consistent development programme and to meet the Company requirements.

Enforcing, maintaining and reviewing the Company's AML/CFT policies and procedures as necessary.

Ensuring that the licensee complies with the AML Law and any other applicable legislations and Financial Crime Module of CBB Insurance Rulebook (Volume 3) and AML CFT Rules.

Ensuring day-to-day compliance with the Company's Framework for Combating Financial Crime.

Handle requests for AMLCFT, Sanctions and other related infonnation from relevant authorities as necessary.

Statutory responsibilities under the C'BB regulations to act as the MLRO.

When necessary acting as the Company's main point of contact in respect of handling internal suspicious transactions reports from the staff and as the main contact for the Financial Intelligence Unit. he CBB, and other concerned bodies regarding AML CFT when making extemal suspicious transactions reports to the Financial Intelligence Unit and Compliance Directorate

Taking reasonable steps to establish and maintain adequate arrangements for staff awareness and training on AML/CFT matters. Plan and deliver compliance and AML training as necessary.

Supporting the Compliance department in producing the necessary reports on the effectiveness of the Company's AML/CFT controls, for consideration by senior management.

On-going monitoring of high-risk customer accounts.

Ensuring that the Company maintains all necessary CDD, transactions, STR and staff training records for the required periods.

Advise staff on AMLICFT, Fraud, Sanctions, Anti-Bribery and other Conduct related matters

Qualification & Requirements:

Bachelor's degree

Prior years of experience in the insurance industry is helpful.

Good conceptual understanding of insurance, compliance, AMLCFT and Sanctions aspects.

Insurance/controlling/operations background.

Good analytical and organizational skills.

Insurance/Takaful business know-how.

Self-motivated performer and excellent communicator.

Broad knowledge of applicable laws and regulations in the jurisdictions where the Company operates

Commercial acumen

وصف الوظيفة

وظائف مماثلة

Compliance Officer/Deputy MLRO

Head Compliance

Compliance Officer

Compliance Officer

Deputy MLRO

Chief Compliance Officer

Compliance Oversight Testing Officer

Compliance Oversight Testing Officer

الدليل

للموظفين

معلومات