Job Description
AML Officer Responsibilities:
1- Prepare the AML reports required by FRA and AML unit.
2- Ensure the implementation of FRA instructions and procedures required by
Anti-Money laundering unit.
3- record and retain sufficient information about the business to demonstrate
compliance with the local regulations and internal policies and procedures.
4- Ensure the implementation of local regulations, best practices and internal
AML policies and procedures.
5- Make sure the AML procedures are properly applied within the Company
Departments.
6- Review and analyze the suspicious transactions and activities and report to
the Sovereign parties.
7- Stand on the exact updates in the context of understanding changes in
regulator standards related to AML and Compliance through attending
regulatory trainings and knowledge transfer program.
8- Cascade all AML / Compliance updated and instructions to the Company's
employees.
9- Maintain and validate all the updates to the Compliance / AML manuals if any.
compliance Officer Responsibilities:
Identify the demands of the regulatory authority and set up appropriate Compliance arrangements.
Develop and oversee the systems that ensure company compliance with regulations, in addition to legal and statutory requirements, including renewal of business licenses and updating of other important documents required by the regulatory authorities.
Ensure that business is conducted in accordance with its objects as contained in its memorandum of association. Liaise with external regulators.
Assess legal documents of the company and ensure legal compliance, file various documents/returns with the authorities as required.
Keep under review all legal and regulatory developments affecting the company s operations and make sure the proper reporting of them.
Oversee legal requirements and compliance of the issuance and transfer of share certificates, corporate loans and charges.
Liaise and coordinate with external legal counsels on legal matters of the company.
Arrange/coordinate and oversee the company s involvement in any lawsuit or legal process.
Ensure that all legal formalities like tax payments, assets maintenance, agreements of lease and other obligations are fulfilled in time.
Ensure that high-level secrecy and privacy for all legal data is maintained for the organization.
Desired Candidate Profile
Profile:
Education:
Bachelor s degree in a relevant field (Law, Commerce, accounting, business administration, economic development, economics etc...).
Preferable to have previous experience in compliance and microfinance.
Experience :
From 4 to 6 Years of experience in the same position or related area
Skills:
Excellent written and oral communication skills in English and Arabic, with the capacity to draft comprehensive documents in both languages.
Strong ability to interact with stakeholders at various levels in the organization, including at the governance and regulator levels
Strong planning and organizational skills
Ability to work under stress and to strictly respect deadlines.
Proactive and capacity to function independently in a complex and rapid changing environment
Detail-oriented and compliance
Self-motivated, strong commitment to team environment dynamics, good communication
Education:
Any Graduation()
Gender:
nm
Nationality:
Any Nationality
