?Co-ordinate with Central Bank of Bank, Kuwait Financial Intelligence Unit, Enforcement units and local authorities on matters related to compliance, products, processes and procedures, etc.
?Constantly review and update Compliance policies and procedures related to AML & CTF for the company as per Global Best practices and requirements of Central Bank of Kuwait.
?Respond to the queries raised by the local regulatory authorities, enforcement unit, correspondent banks, others in money laundering and terrorist financing cases.
?Review AML/ KYC Regulatory requirements for all clients and analyze any transactions that appear unusual based on the customer?s profile.
?Manage legal documentation, correspondence, queries from correspondent banks, partners, others.
?File STR reports to Kuwait Financial Intelligence Unit.
?Monitor the day-to-day transactions based on the Red Flag Alerts / parameters.
?Provide AML/CFT/KYC training to staff
?Furnish periodic reports to Board of Directors about the gaps/findings/corrective actions taken.
?Lead the Compliance team effectively and efficiently.
