Risk, Compliance, and AML Officer

Job Opportunity: Risk, Compliance & AML Officer

Location:
Manama, Bahrain (On-site)

Company:
Ebdaa Microfinance Company

About Ebdaa

Ebdaa Microfinance Company is one of the pioneering institutions in the Kingdom of Bahrain providing inclusive financial services to micro and small entrepreneurs. Since its establishment, Ebdaa has empowered thousands of clients by supporting their entrepreneurial ambitions with responsible lending, innovative financial products, and a strong commitment to social impact.

Role Overview

We are seeking a
Risk, Compliance & AML Officer
to strengthen Ebdaa's governance and control environment. The role is essential in ensuring the Company's compliance with the
Central Bank of Bahrain's (CBB) regulations
, international microfinance standards, and best practices in
risk management, compliance, and financial crime prevention
.

Key Responsibilities

The successful candidate will:

Risk Management

• Maintain and implement a
  Risk Management Framework
  covering credit, operational, liquidity, and strategic risks.
• Conduct
  risk identification, assessment, monitoring, and reporting
  to management and the Board.
• Develop and oversee policies on
  credit risk
  (loan assessment, provisioning, collateral),
  operational risk
  (business continuity, outsourcing, security), and
  liquidity risk
  .
• Ensure effective
  early-warning systems
  and internal controls are in place.

Compliance

• Ensure adherence to all applicable
  CBB Rulebook Volume 5
  requirements for specialized licensees (microfinance).
• Monitor compliance with laws, regulations, and
  consumer protection standards
  (fair treatment, transparent pricing, complaint handling).
• Review and approve internal policies, procedures, and marketing materials for regulatory compliance.
• Prepare and submit periodic compliance reports to the CBB and senior management.

AML / CFT

• Act as the designated
  AML/CFT Officer (MLRO/DMLRO)
  , overseeing all anti-money laundering and counter-terrorism financing activities.
• Implement a
  risk-based approach
  to customer due diligence (CDD/EDD) and ongoing monitoring.
• Manage the
  screening process for sanctions and PEPs
  .
• Ensure timely filing of
  Suspicious Transaction Reports (STRs)
  and coordinate with the Financial Intelligence Directorate (FID).
• Maintain AML/CFT training programs for staff and ensure company-wide awareness.
• Oversee recordkeeping and reporting obligations as per CBB requirements.

Governance & Reporting

• Support the Board and management in fulfilling their
  risk oversight responsibilities
  .
• Liaise effectively with regulators, auditors, and stakeholders.
• Promote a culture of
  compliance, transparency, and client protection
  within the organization.

Desired Qualifications & Education

• Bachelor's degree
  in Finance, Accounting, Business Administration, Law, or related fields (Master's preferred).
• 3–6 years of experience
  in risk management, compliance, and/or AML within financial services; microfinance or NBFI experience is highly desirable.
• Professional certifications
  in compliance or AML (e.g., CAMS, ICA, or equivalent) strongly preferred.
• In-depth knowledge of the
  CBB Rulebook (Volume 5)
  , international AML/CFT standards (FATF), and microfinance client protection principles.
• Strong analytical, reporting, and policy drafting skills.
• Fluency in
  Arabic and English
  (spoken and written).

Why Join Us?

• Be part of a mission-driven institution dedicated to
  financial inclusion and social impact
  .
• Opportunity to contribute to
  strengthening governance and risk culture
  in one of Bahrain's leading microfinance companies.
• Competitive compensation and opportunities for professional growth.

How to Apply

If you are ready to take on this exciting challenge, please submit your
CV
and
cover letter
via LinkedIn or email us at:

, mentioning
Risk, Compliance & AML Officer
in the subject line.