Compliance Officer

• Develop and execute a comprehensive compliance program.

• Draft a proposal for compliance policies and procedures, encompassing the institution's activities, operations, systems, and controls.

• Update the institution's policies on anti-money laundering and counter-terrorism financing, including preparing necessary evidence and procedures for implementation, considering legal status across jurisdictions.

• Monitor adherence to compliance policies, laws, regulations, and ethical standards, as per establishment agreements and internal policies.

• Assess and identify compliance risks associated with various institution activities across jurisdictions.

• Prepare and submit periodic compliance monitoring reports to executive management.

• Review existing and proposed policies and procedures to ensure alignment with relevant laws and regulations.

• Review institution procedures, practices, and documents to mitigate compliance risks.

• Implement necessary actions based on administrative observations from external auditors' reports to ensure compliance.

• Foster a culture of compliance within the institution and raise awareness of its importance.

• Investigate suspicious transactions related to institution activities.

• Report suspicious transactions involving money laundering or terrorism financing to executive management using designated reporting channels.

• Prepare required periodic reports on anti-money laundering and counter-terrorism financing procedures.

• Perform other duties as assigned.

• Bachelor's degree in law, business administration, finance, accounting, economics, or related field.

• 3-5 years of experience in compliance within the financial sector.

• Proficient in legal requirements, monitoring, auditing, and policy implementation.

• Strong understanding of local and international compliance laws, regulations, and standards.

• Ability to train institution employees on compliance matters.

• Expertise in anti-money laundering and counter-terrorism financing mechanisms.

• Proficiency in Arabic and English.

• Strong analytical and risk management skills.

• Excellent communication skills.

• Proficient in Microsoft Office applications, including Word, and PowerPoint.

Expertise Recruitment