Compliance & MLRO Officer (Bahraini)

3 days ago

Manama, Manama, Bahrain Propel Consult Full time $30,000 - $60,000 per year
Company

Our client is one of the leading insurance companies in Bahrain. They are currently looking to hire a Compliance & MLRO Officer to be based in Bahrain.

Duties & Responsibilities:
Support the Company's business in Bahrain to maintain a strong Compliance Culture and ensuring compliance with all regulatory requirements.Responsible for supporting the Compliance department in managing the level of compliance risk within the business within tolerances agreed by the Board and ensuring that the Company has adequate processed for managing the Compliance and AMLICFT risk.As necessary, develop and maintain effective relationships with all Regulators and keep up to date with the regulatory and legislative environment.Support the delivery of the Compliance Plan to provide a coherent strategic framework, a consistent development programme and to meet the Company requirements.Enforcing, maintaining and reviewing the Company's AML/CFT policies and procedures as necessary.Ensuring that the licensee complies with the AML Law and any other applicable legislations and Financial Crime Module of CBB Insurance Rulebook (Volume 3) and AML CFT Rules.Ensuring day-to-day compliance with the Company's Framework for Combating Financial Crime.Handle requests for AMLCFT, Sanctions and other related infonnation from relevant authorities as necessary.Statutory responsibilities under the C'BB regulations to act as the MLRO.When necessary acting as the Company's main point of contact in respect of handling internal suspicious transactions reports from the staff and as the main contact for the Financial Intelligence Unit. he CBB, and other concerned bodies regarding AML CFT when making extemal suspicious transactions reports to the Financial Intelligence Unit and Compliance DirectorateTaking reasonable steps to establish and maintain adequate arrangements for staff awareness and training on AML/CFT matters. Plan and deliver compliance and AML training as necessary.Supporting the Compliance department in producing the necessary reports on the effectiveness of the Company's AML/CFT controls, for consideration by senior management.On-going monitoring of high-risk customer accounts.Ensuring that the Company maintains all necessary CDD, transactions, STR and staff training records for the required periods.Advise staff on AMLICFT, Fraud, Sanctions, Anti-Bribery and other Conduct related mattersQualification & Requirements:
Bachelor's degree Prior years of experience in the insurance industry is helpful. Good conceptual understanding of insurance, compliance, AMLCFT and Sanctions aspects.  Insurance/controlling/operations background.Good analytical and organizational skills.Insurance/Takaful business know-how.Self-motivated performer and excellent communicator.Broad knowledge of applicable laws and regulations in the jurisdictions where the Company operates Commercial acumen Influencing and Negotiation skillsGood communication skillsCommitted team player with enthusiasm and drive who is stress resilient and result oriented.

  • Compliance Officer/Deputy MLRO

    3 days ago

    Manama, Manama, Bahrain Propel Consult Full time 30,000 - 60,000 per year

    CompanyOur client is one of the leading digital assets companies that provide secure financial services across the GCC. They are currently looking for an Assistant Compliance Officer/Deputy MLRO to be based in Bahrain.Duties & Responsibilities: Support the Head of Compliance in implementing the board-approved compliance program, ensuring that the Company...

  • Compliance Officer

    2 weeks ago

    Manama, Manama, Bahrain BitOasis Full time 60,000 - 120,000 per year

    We are looking for a Compliance & MLRO Officer (CO) responsible for the oversight, management, and administration of the development, implementation, and daily operational tasks for maintaining an effective Compliance Program.You will also be responsible for all areas of regulation and compliance in the Bahrain operation.ResponsibilitiesDeveloping,...

  • Bahrain Money Laundering Reporting Officer

    7 days ago

    Manama, Manama, Bahrain Bank ABC Full time 60,000 - 120,000 per year

    Bank ABC seeks to recruit a Bahrain Money Laundering Reporting Officer (MLRO) in the Group Compliance Department based in our Head Office, in Bahrain.The Bahrain MLRO is responsible for the implementation and maintenance of all aspects of ABC Group's AML/CTF Policies, Standards as well as the Sanctions and Financial Crime Program in Bahrain in order to...

  • Financial Crimes

    2 weeks ago

    Manama, Manama, Bahrain Tap Payments Full time 60,000 - 120,000 per year

    About TapTap Payments is revolutionizing online payments across the Kingdom of Bahrain by connecting businesses with simple, unified payment experiences. We need exceptional talent to help us on this journey. Are you ready to shape the future of payments?The Compliance TeamOur Compliance team believes merchant payments should be ultra-safe and secure. That's...

  • Manager, Financial Crimes

    2 weeks ago

    Manama, Manama, Bahrain Tap Payments Full time 60,000 - 120,000 per year

    About TapTap Payments is revolutionizing online payments across the Kingdom of Bahrain by connecting businesses with simple, unified payment experiences. We need exceptional talent to help us on this journey. Are you ready to shape the future of payments? The Compliance Team Our Compliance team believes merchant payments should be ultra-safe and secure....

  • HR and Admin Officer

    1 day ago

    Manama, Manama, Bahrain Propel Consult Full time 30,000 - 60,000 per year

    CompanyOur client is a Development Real Estate organization that is owned by a Bahraini Enterprise and it's on track to become the Middle East's first mixed-use marina development of its scale. They are currently looking to hire an HR and Admin Officer to be based in Bahrain.Duties & Responsibilities: Organize and maintain personnel recordsUpdate internal...

  • Industrial Safety Inspection Officer

    5 days ago

    Manama, Manama, Bahrain Business Summit Consultancy Full time 50,000 - 80,000 per year

    We're Hiring: Industrial Safety Inspection Officer(Preferably Bahraini Nationals)ASEPCO Factory, located in Dammam Second Industrial City, Saudi Arabia, is seeking a dedicated and experienced Industrial Safety Inspection Officer to join our team and uphold the highest standards of workplace safety.About the RoleAs an Industrial Safety Inspection Officer, you...

  • Chief Executive Officer

    5 days ago

    Manama, Manama, Bahrain Upbeatz Investments Full time 90,000 - 120,000 per year

    Job Title: Chief Executive Officer (CEO)Location: Kingdom of BahrainEmployment Type: Full-TimeAbout Us:Upbeatz Investments is seeking a dynamic Bahraini national to lead our company into its next phase of growth. We focus on sustainable business strategies, financial excellence, and innovative solutions to strengthen our market position and create lasting...

  • Accountant (Bahrainis Only)

    2 weeks ago

    Manama, Manama, Bahrain Rahim Holdings Full time 30,000 - 90,000 per year

    A well established and progressive company is looking for Accountant (Bahrainis Only)Qualification & Experience- Bachelors'/Masters' degree in accounting/Commerce- Minimum of 3 + years of experience in relevant fieldSkills & Proficiency- Experience in Tally.- Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and...

  • Payroll & Compensation Officer

    2 weeks ago

    Manama, Manama, Bahrain NAD TRADING Full time 104,000 - 130,878 per year

    We are seeking a detail-orientedand proactive Payroll & Compensation Officer to manage end-to-endpayroll operations and ensure accurate, timely compensation for our employees.This role will also support the development and implementation of competitivecompensation structures in line with company policies and Bahrain labor laws.Key ResponsibilitiesProcess...