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Compliance & aml associate

Ringville
Commercial Bank
Posted: 11 June
Offer description

Job Summary
To support the AML & Compliance function in implementing and maintaining an effective Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) framework, ensuring compliance with internal policies and the requirements of the Qatar Financial Markets Authority and other applicable regulations.
Key Accountabilities

Assist in the daily execution of AML and compliance activities in accordance with CBFS policies and procedures.
Support the review of transaction monitoring alerts and assist in the preparation and documentation of investigations. Ensure that the transaction monitoring alerts are closed on time.
Assist in the preparation, review, and filing of Suspicious Transaction Reports (STRs), as directed by the Compliance Officer / MLRO.
Maintain proper documentation and audit trails for AML reviews, investigations, and reporting.
Support customer due diligence (CDD) and enhanced due diligence (EDD) processes, including review of customer profiles and risk classifications.
Assist in ongoing monitoring of customer activities and periodic review of high-risk customers.
Support regulatory and internal requests, including preparation of data, reports, and evidence for Internal Audit and external auditors.
Support the implementation and update of AML & Compliance policies, procedures, and SOPs.
Assist in compliance monitoring activities and follow-up on corrective actions and remediation plans.
Support regulatory submissions, internal reporting, and management reports as required.
Participate in compliance and AML training and awareness activities.
Assist in preventing money laundering and terrorist financing.
Assist to prepare and analyse the Risk Appetit.
Assist to prepare and analyse the high, medium and low Risk customers.
Assist to prepare the EDD for high-risk customers.
Respond and clear the NCTC notification 7/24.
Assist to prepare the BRA (Business Risk Assessment) and product risk.

Education

Bachelor degree or equivalent

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