Compliance & Money Laundering Reporting Officer - Broker Insurance Firm

Others

Job Id :1000428369

Description

We are seeking a diligent and detail-oriented Compliance Officer to join our dynamic team. As a compliance officer, you will play a crucial role in ensuring that our operations adhere to all relevant laws and regulations. If you have a strong understanding of compliance principles and a passion for maintaining ethical business practices, we would love to hear from you.
Responsibilities:
• Setting up, managing and complying with Regulatory compliance/AML/CFT policies and procedures that are in line to the Central Bank of Bahrain guidelines.
• Having responsibility for oversight of the company’s compliance with the requirements of the CBB and reporting to the top management of these responsibilities.
• Monitoring day to day transactions to identify and report suspicious traits to the Central Bank of Bahrain
• Preparing the Annual Compliance Report and submitting to the top management
• Sanctions list management and screening of the transactions and customers against the former
• To fall in compliance with the general provisions set out in the Financial Crime Module of the Central Bank of Bahrain
• Advising the management of any financial crime related risk that the company might be exposed of.
• Act as the company’s Fraud Prevention & Investigating officer and report any attempts of fraud being committed on the company by both internal and external customers.
• Act as the company’s Customer Complaints Officer and comply with the provisions of the Business Conduct Module of the CBB
Qualifications:
• Proven experience in a compliance role preferably within the insurance industry
• Strong knowledge of insurance regulations, industry standards, and best practices.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal abilities.
• Professional certification in compliance or risk management is a plus.
Minimum experience of 3 years

If you are looking to contribute to a forward-thinking organization and possess the skills and qualities necessary to excel in a compliance role, we invite you to apply by submitting your resume and cover letter to :

Basic Details

Location : Region: Manama

Qualification :

Posted :

Job Type : Full-Time

Company : Bahrain Jobs

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