Skills and Experiences

Post: AML - Assistant Manager
Job No: 1800009C

Job Purpose
Assist the Head in ensuring that the Bank’s policies, procedures and operating processes are adequate for the prevention, detection and reporting of money laundering and terrorism financing transactions

Job Accountabilities

Business Specific

  • Administration : Support the Head in implementation of the Bank’s AML strategy consistent with business support objectives. 
  • Transaction Monitoring : Oversee transaction and account monitoring programmes according to specified schedules and ensure Alerts are sent to business units in timely manner being investigated properly and regular follow ups as needed.
  • Investigations & Reporting Conduct and Coordinate investigations related to potential money laundering or terrorist financing; Draft initial SARs to be reviewed and approved by the Head of AML Unit for onward submission to the authorities.
  • AML Reviews/Audits Plan, conduct and manage AML Reviews/Audits as per the agreed schedule. 
  • Enquiries: Resolve enquiries received from internal/external clients by conducting investigation and ensuring that requirements are being fulfilled as per the expectation of the enquirer and the Unit's satisfaction.
  • Advisory & Consultancy : Coordinate with the manager on technical, procedural and practical advice and support on AML issues; Review of any new/updated policy, process and/or procedures submitted to the Unit for feedback. 
  • Liaison : Liaise with internal business partners such as business units, Compliance, Legal, Internal Audit, External Auditors and CBK Auditors on a regular basis and as and when required.
  • Reports :Prepare reports according to specified formats and schedules; Receive and process internal and external Suspicious Activity Reports for approval by the Head and onward transmission to the local AML authorities.
  • AML training and Awareness : Assist the Head with devising and delivering AML training for all bank staff if required.

Generic

  • People management: Manage, motivate and develop individual employees and the team in line with GB people policies & practices; communicate operational procedures
  • Corporate governance & compliance: Work fully within:
    - risk policies and procedures
    - all compliance regulations

Qualifications: University degree or equivalent education

Knowledge
Good knowledge of AML practices, tracking systems and knowledge of the local and International market practices

Experience
4-6 years of experience in banking, with 1-2 years’ relevant experience in AML, Compliance or Risk mandatory

Accreditation / Licensing
Preferably a completed ACAMS Certification (Association of Certified AML Specialists)

Apply directly by clicking the below link:
AML Asst. Manager @ Gulf Bank