Deputy Money Laundering Reporting Officer
1 week ago
The Deputy Money Laundering Reporting Officer (“DMLRO“) role will report and provide support to the MLRO and management.
**What you’ll do**
- Reviewing client KYC/CDD documents individually, corporations and FIs assess the quality of customer KYC documentation and raise any concerns to the MLRO.
- Conduct regular risk assessments of the company's AML/CTF and ABC compliance program, including customer due diligence (CDD) and enhanced due diligence (EDD) processes.
- Conduct investigations related to Sanction Screening & Transaction Monitoring.
- Imbedding regulatory updates to be reflected in internal policies and procedures.
- Monitoring of high-risk business relationships, reporting and investigating possible instances of money laundering, suspicious activity, or fraud.
- Review compliance onboarding practices and documentation, liaise with the business as required, and make recommendations as to improvements.
- Assist in the compilation and maintenance of internal watch lists.
- Prepare documentation related to queries arising from law enforcement and other regulatory agencies
- Provide advice and guidance to staff on customer due diligence requirements.
- Receiving internal STRs and undertaking reviews to determine if such suspicions have substance and require disclosure to the relevant authorities.
- Prepare regular reports and statistics with compliance-related projects for the MLRO.
- Work with internal stakeholders to identify and mitigate potential money laundering & terrorist financing & fraud & conflict of interest & anti-bribery & corruption risks across the company's business units and products.
- Stay up-to-date with changes in AML/CTF & ABC regulations and industry trends and ensure that the company's AML/CTF & ABC program is in compliance with applicable laws and regulations.
**Qualifications**:
- Bachelor’s degree holder. Must have AML qualifications through ICA, CISI, or ACAMS.
- Minimum 1-year experience within a Digital Assets space preferably in an AML related
- role.
**Other skills required for the job**:
- Excellent communicator
- Team player
- Confident & Self-motivated
- Able to act with a minimum of supervision
- Strong investigational, analytical, ethical, and problem-solving skills
- Ability to hit the ground running
- Extraordinary attention to detail
Pay: From BD500.000 per month
Application Deadline: 25/08/2024
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