Senior Correspondent Banking and Control Officer
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Doha Bank seeks a Senior Correspondent Banking and Control Officer to oversee correspondent banking operations, including onboarding Nostro/Vostro relationships, conducting AML due diligence, and managing KYC queries.
Key Skills for This Role
Responsibilities
- Ensure end to end process in onboarding Nostro/Vostro/RMA relationships
- Conduct AML Annual Due Diligence exercise on all established relationships
- Respond to all incoming KYC queries on behalf of Doha Bank and its subsidiaries
- Perform KYC checks on banks and other parties for Financial Institution transactions
- Establish and maintain existing Master Risk Participation Agreements (MRPA)
- Liaise with Nostro providers and support Finance Recon team to ensure no outstanding entries within 30 days
- Ensure correctness of Wolfsberg CBDDQ prepared for Doha Bank annually
- Support Internal Audit, Compliance audit, and QCB audit queries
Requirements
- Bachelor's degree in Business, Banking, Finance, or related field
- Minimum 5 years of experience in financial services or banking, with focus on correspondent banking and international banking
- Strong understanding of service delivery, correspondent banking practices, and financial institution transactions
- Knowledge of accounting systems, financial statements, and operational risk management
- Expertise in international banking and correspondent banking relationships
- Familiarity with AML regulations and compliance processes
Full Job Posting
Role Overview
- The Senior Correspondent Banking and Control Officer will be responsible for overseeing the administration and operations of the Correspondent Banking & Control unit, ensuring efficient service delivery to foreign clients.
- The role involves managing the opening of forex accounts for settlement, coordinating AML reviews, conducting due diligence on correspondent banking relationships, and assisting with the assessment of suspicious activities and financial institution transactions.
Key Responsibilities
- Ensure end to end process in onboarding Nostro/Vostro/RMA relationships
- Ensure end to end process in onboarding RMA relationships
- Ensure end to end process in onboarding NBFI relationships
- Ensure end to end process in onboarding Brokerage relationships
- Conduct AML Annual Due Diligence exercise on all established relationships
- Onboard relationships required by Doha Finance Limited / DB Securities Limited
- Respond to all incoming KYC queries on behalf of Doha Bank Q.P.S.C. / Doha Finance Limited / DB Securities Limited
- Liaise with all internal stakeholders to ensure true and correct responses are always given to the counterparties on incoming KYC queries.
- Performing KYC checks on Banks and other parties for Financial Institution transactions.
- Establish and maintain existing Master Risk Participation Agreements (MRPA).
- Ensure end to end process in establishing and amending MRPA’s with global counterparts
- Liaise with HO Finance in preparation of Budgets for vendor payments to be made for online subscription.
Qualifications & Experience
- Bachelor’s degree in Business, Banking, Finance, or a related field.
- Minimum of 5 years of experience in the financial services or banking industry, with a focus on correspondent banking and international banking.
- Strong understanding of service delivery, correspondent banking practices, and financial institution transactions.
- Knowledge of accounting systems, financial statements, and operational risk management.
Skills & Competencies
- Expertise in international banking and correspondent banking relationships.
- Strong communication and problem solving skills.
- Ability to manage multiple tasks with attention to detail and adherence to deadlines.
- Familiarity with AML regulations and compliance processes.
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 DOHA BANK
IT Application Security Specialist
Doha, QAT
DOHA BANK is seeking an experienced IT Application Security Specialist to design, implement, and govern application security across enterprise systems. The role focuses on integrating security into the SDLC, driving DevS
Valuation Engineer
Doha, QAT
DOHA BANK is seeking a Valuation Engineer with expertise in quantity surveying, commercial management, and real estate valuation. The role involves managing tendering processes, overseeing external consultants, monitorin
Investment Officer
Doha, QAT
Doha Bank is seeking an Investment Officer to process FEQ/PT, Bond/PT, and QE transactions in compliance with bank and regulatory guidelines. The role involves operational activities, record keeping, reconciliation, and
Human Resources Business Partner (Dubai Branch)
Dubai, UAE
DOHA BANK is seeking an HR Business Partner (Emiratization) for their Dubai branch to serve as a strategic liaison driving HR initiatives. The role involves workforce planning, Emiratization, policy localization, employe
Senior Wealth Management Settlement Officer
Doha, QAT
Doha Bank seeks a Senior Wealth Management Settlement Officer to oversee settlement transactions for private banking and wealth management. The role involves authorizing trades, verifying settlement instructions, supervi
Team Lead Enterprise Cards & Payments
Doha, QAT
DOHA BANK is seeking an experienced IT Team Lead to oversee the development, implementation, and maintenance of enterprise-level cards and payments systems. The role requires a strong technical background in payment syst
Department Head – Digital Solutions & Technology
Doha, QAT
Doha Bank seeks a Department Head to lead Digital Solutions and Technology, driving digital transformation and customer-centric solutions. The role requires strategic leadership in enterprise architecture, digital techno
Compliance Officer & Deputy MLRO
Dubai, UAE
Doha Bank seeks an experienced Compliance Officer & Deputy MLRO for its UAE Branch in Dubai. You will ensure regulatory and AML compliance, support audits, and conduct training, requiring 10+ years of banking compliance
IT Application Security Specialist
Doha, QAT
Valuation Engineer
Doha, QAT
Investment Officer
Doha, QAT
Human Resources Business Partner (Dubai Branch)
Dubai, UAE
Senior Wealth Management Settlement Officer
Doha, QAT
Team Lead Enterprise Cards & Payments
Doha, QAT
Department Head – Digital Solutions & Technology
Doha, QAT
Compliance Officer & Deputy MLRO
Dubai, UAE