Head of AML/CFT & Sanctions Operations
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Commercial Bank seeks a Head of AML/CFT & Sanctions Operations to lead the AML/CTF Operations unit in Doha. The role involves managing transaction monitoring and sanctions screening, tuning systems, and reporting to senior management.
Key Skills for This Role
Responsibilities
- Organize and manage work of AML/CFT Operations on review of transaction monitoring alerts/cases and name/transaction screening hits
- Monitor timeliness and quality of review of alerts and screening hits, implement corrective actions
- Participate in continuous enhancements of AML/CFT transaction monitoring systems and testing
- Develop, test and implement new AML transaction monitoring scenarios and tune existing scenarios
- Develop, test and implement new rules/settings for sanctions screening systems and tune existing rules
- Provide ongoing reporting and updates to senior management on AML/CFT processes and controls
- Conduct specialized training and ongoing guidance for AML/CTF Operations staff
Requirements
- Bachelor's degree or equivalent
- CAMS certification
- 7 10 years relevant experience in Compliance and AML in a large domestic or international bank
- Strong knowledge of AML/CTF process and KYC regulations
- People management experience
- Proficiency in English; Arabic preferred
Full Job Posting
About Commercial Bank Of Qatar
- Commercial Bank, founded in 1975 and headquartered in Doha, offers personal, business, government, international and investment services.
Job Summary
- To implement the vision, strategy and direction for the AML/CTF Operations unit and manage all activities related to transaction monitoring alerts/cases and name/transaction screening hits.
Key Accountabilities
- Organize and manage work of AML/CFT Operations on review of transaction monitoring alerts/cases and name/transaction screening hits.
- Monitor the timeliness and quality of review of transaction monitoring alerts/cases and name/transaction screening hits.
- Participate in continuous enhancements of the bank’s AML/CFT transaction monitoring systems, testing of new system capabilities.
- Develop, test and implement new AML transaction monitoring scenarios and conduct ongoing tuning and threshold calibration.
- Develop, test and implement new rules/settings for the bank’s sanctions screening systems and conduct ongoing tuning.
- Provide ongoing reporting and updates to the bank’s senior management on AML/CFT processes and controls.
- Conduct specialized training and ongoing guidance for AML/CTF Operations staff.
Required Qualifications
- Bachelor’s degree or equivalent.
- CAMS certification.
Required Experience
- 7 10 years’ relevant experience in Compliance and Anti Money Laundering in a large domestic or international bank.
Knowledge & Other Skills
- Strong knowledge of AML/CTF process and KYC regulations.
- People management experience.
- Strong technical knowledge and experience of AML investigation process and evidence collection practices.
- Established business knowledge and comprehension of financial products.
- Excellent organizational and time management skills.
- Excellent research skills including experience with online search tools.
- Advanced skills in Microsoft Office, Internet and on line research systems.
- Strong writing, analytical and communications skills.
- Proficiency in oral and written English & Arabic (Preferred).
Competencies
- Adaptability/Flexibility
- Communication
- Integrity/Ethics
- Interpersonal Skills
- Leadership
- Listening Skills
- Problem Solving/Analysis
- Results Focus
- Sense of Urgency
- Strategic Thinking/Management
- Team Leadership
- Teamwork
Skills
- Ability to interact with internal and external stakeholders
- Ability to work under pressure
- Accuracy and attention to detail
- Arabic speaking preferred
- Awareness of local cultural and social factors
- Bilingual language skills in English and Arabic
- Risk Management
Why Commercial Bank?
- Best Digital Bank in the Middle East 2024.
- Innovation Driven, Digital First Environment.
- Opportunities for Global Partnerships & International Exposure.
- Focus on Employee Well being & Work Life Balance.
- Competitive Compensation & Benefits.
- Commitment to Diversity, Equity & Inclusion.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Commercial Bank
Senior Data Science Expert
Doha, QAT
Commercial Bank of Qatar is seeking a Senior Data Science Expert to develop advanced machine learning models for banking use cases including pricing optimization, customer propensity modeling, and recommendation systems.
Teller (Qatari & children of Qatari mother)
Doha, QAT
Commercial Bank in Doha seeks a Teller to execute branch cash transactions, ensure compliance, and provide high-quality customer service. The role requires a bachelor's degree and attention to detail.
Branch Service Assistant (Qatari & Children of Qatari Mother)
Doha, QAT
Job Summary The BSA will assist branch walk-in customers in fulfilling service requests to deliver day-to-day customer facing activities within branch for existing and or new customers, in order to provide high quality o
Assistant Branch Manager (Qatari and children of Qatari mothers)
Doha, QAT
Commercial Bank is hiring an Assistant Branch Manager to ensure operational soundness and compliance in a branch. You will supervise staff, manage vault cash, handle customer complaints, and support the Branch Manager. R
Assistant Relationship Manager "Qatari & children of Qatari mother"
Doha, QAT
Commercial Bank is hiring an Assistant Relationship Manager to support wholesale banking relationships in Qatar. The role involves business development, client servicing, and credit analysis, requiring a Bachelor's degre
CSOC, Security Operations Analyst
Doha, QAT
Commercial Bank seeks a Security Operations Analyst to monitor, detect, analyze, and respond to cybersecurity incidents. You will use various tools to protect digital assets and ensure information system integrity. Requi
Manager Risk Strategy
Al Gassar, QAT
Commercial Bank seeks a Manager Risk Strategy to build and maintain a strong risk review process. The role involves developing risk databases, analyzing credit portfolios, and ensuring regulatory compliance. Candidates n
Senior Manager - Tax & Financial Controls
Doha, QAT
Commercial Bank of Qatar seeks a Senior Manager for Tax & Financial Controls to oversee tax compliance, internal controls on financial reporting (ICOFR), and cost control tower management. The role requires a qualified a
Senior Data Science Expert
Doha, QAT
Teller (Qatari & children of Qatari mother)
Doha, QAT
Branch Service Assistant (Qatari & Children of Qatari Mother)
Doha, QAT
Assistant Branch Manager (Qatari and children of Qatari mothers)
Doha, QAT
Assistant Relationship Manager "Qatari & children of Qatari mother"
Doha, QAT
CSOC, Security Operations Analyst
Doha, QAT
Manager Risk Strategy
Al Gassar, QAT
Senior Manager - Tax & Financial Controls
Doha, QAT