Head of Compliance & MLRO (Arabic), Qatar – Michael Page International (UAE) Limited
Regional Bank in Qatar looking for a Head of Compliance & MLRO who speaks and reads Arabic and is able to live and work in Doha with the appropriate visa
Regional Bank in Qatar
Manage day-to-day operations of Qatar Compliance unit, ensuring compliance to Bank's AML / KY policies / procedures and Regulatory requirements in Qatar (QCB).
Represent the Bank in Qatar on all Compliance / AML related matters
Support the business by providing Compliant solutions to regulatory obstacles and intervene where necessary to stop a transaction/process / business proposal.
The role of Compliance Manager is not just restricted to monitoring compliance to statutory regulations / guidance notes issued by QCB & / or other regulatory authorities – the Compliance Manager must pro-actively and promptly escalate any critical issues to ensure that the Bank is not investigated, charged, fined or publicly castigated by either QCB or any other regulatory authority.
Drive implementation of Compliance initiatives in Qatar
Initiate and maintain contact with QCB and other regulatory authorities / agencies to ensure a good and healthy working relationship exists
Maintain ongoing awareness current knowledge of all applicable internal / external compliance requirements and existing / emerging legal/statutory / regulatory environment – identifying any issues that could impact the bank.
Ensure Bank's internal procedures / policies remain compliant with regulations/changes – providing guidance/advice to Branch Management as necessary.
Maintain pro-active relationships with business, facilitating timely involvement to ensure compliant solutions to business issues.
Promptly communicate all Regulatory Notices/Circulars to all concerned areas, providing accurate Arabic / English translations as necessary.
Developing/maintaining/updating the local Compliance/AML Manual and ensuring a copy is provided to all Branch Staff.
Ensure AML / Compliance training is provided to all Qatar staff on an ongoing basis are required/necessary (including new staff within 3 months of joining) to raise awareness and ensure all staff understand their responsibilities/obligations with regard to Corporate / AML Policies and regulatory / legal / statutory requirements, etc.
Ensure 'AML-Staff Declaration Forms' are completed by all Qatar Staff on an annual basis.
Encourage a strong compliance culture / environment in Qatar branches.
Promote the self-identification and reporting of all compliance issues and sharing of issues that may have wider implications.
Ensure that all Reports / MIS/ MERs on issues of Compliance / AML are complete / accurate and provided in a timely manner to the Country Manager and IBG – Compliance, as well as any reports that required by QCB/other regulators – any critical issues to be promptly escalated.
Develop & administer the AML reporting network across Qatar Branches to ensure it is working effectively and propose changes / highlight issues as necessary.
Analyze suspicious transactions reported by units/branches, undertake investigations where required, and submit (as appropriate) STR (Suspicious Transaction Report) to QCB in a timely manner with complete and accurate information.
Respond in a timely manner to Compliance/AML related queries / investigations of QCB / HO / Other Regulators / Law Enforcement Agencies, as well as provide expert guidance to branches / units upon referrals / queries.
Ensure that AML alerts generated by SAS or otherwise are promptly investigated and closed as per requirements. Further ensuring that nay resulting Suspicious Transaction Reports (STRs) are submitted to the required authorities and the relevant business unit/any other stakeholder is informed of any corrective actions required.
Knowledge, Skills & Expe
||Accounting and Auditing
التقدم للوظيفة الان
أنشئ سيرتك الذاتية الآن و تواصل على الفور مع أكبر و أفضل الشركات اون لاين. إنشائك لسيرة ذاتية على موقع المازن.كوم هي الوسيلة الأكثر فعالية للحصول على الوظيفة Head of Compliance & MLRO (Arabic), Qatar – Michael Page International (UAE) Limited بكل سهولة الان مجانا.