Monitoring Manager

Job Description

Employment: Full Time JOB PURPOSE:The role monitors firms to ensure they comply with the Law and regulations, as well as the related legislation and policy by reviewing information provided by firms during the registration process and make enquiries into them and individuals. Following incorporation of the firm, the job holder monitors compliance of firms against the Companys regulations and take appropriate action in case there are non-compliant cases.KEY ACCOUNTABILITIESManages that monitoring post licensing matter are accurately captured into the CRM system; followed up in accordance with the Depts procedures and resolved in accordance with the timeframe as per the licensing letter, Maintains and improves the monitoring framework and procedures documentation including monthly management update reports and any ad hoc reporting.Manage and lead on-site reviews of non-compliant Firms to ensure that Company Law, Rules and Regulations are adhered to and that the Firm is conducting business within its Scope of Licence.Identify risk areas, lead and completed thematic and targeted reviews to be conducted on Firms with the assistance of an Officer.Liaises with firms, where appropriate, with possible non-compliant firms to ensure awareness of the regulations, rules, laws and other Company related matters that are important for the running of firm under Company.Manages the framework for oversight of firms on an on-going basis where necessary recommend chronic non-compliant Firms to the Enforcement Unit via the Dept., Director. REQUIREMENTS: Professional/Academic Qualifications:Bachelors degree in Law, Business Administration or Finance.Diploma in Anti Money Laundering or related field (e.g. Certified Anti Money Laundering Specialist (CAMS) and/or Certified Fraud Examiner are preferred.Experience:Minimum 10 years of relevant experience in in legal, compliance or regulatory role and at least 4 years in positions with managerial responsibilities.Knowledge/Skills/Abilities:Ability to understand legal and commercial implications of issuance of licensesAbility to analyse business modelsAbility to analyse financial plans and statementsExperience in financial services data (including P&L, etc.) analysisAbility to apply understanding of Anti Money Laundering principlesManagement and supervisory skillsDecision making skills and ability to command respectExcellent communication and mediation skillsStrong analytical and problem- solving skillsStrong computer and excel skillsGeneral understanding of market-place AML issues and AML suspicious activity transaction monitoring systems, data mining/analytical tools, and KYC automated solutions is helpfulStrong written and verbal communication skills, including report writingCustomer focus mentality, proactive and ability to follow up and close queriesMaintains high standards of honesty and trustworthinessMaintains high quality standards in the output they produce and encourages others to meet similar standardsMakes a positive first impression, displaying immediate presence and credibilityExercises good judgment in making decisionsCoaches and develops others

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About Company

A leading Financial Organization in Qatar.