| Job Location | Other - Bahrain |
| Education | Bachelor of Science(Other). |
| Salary | Not Mentioned |
| Industry | Banking / Financial Services / Broking |
| Functional Area | Not Mentioned |
Monitors that the company and its subsidiaries are in compliance with relevant CBB rulebooks(Volume 1, 4, 6& 7) Reviews and ensures that all regulatory returns are submitted to CBB before the due date inorder to avoid any financial penalties by CBB for delays Updates the Audit Committee on the company?s compliance status by issuing quarterly reportsto them Corresponds with CBB regarding the company and its subsidiaries Conducts periodic reviews on various departments to verify that they are in compliance withCBB rules, preparation of checklists for individual units. Visits the CBB website regularly to identify any new circular/consultation/updates issued, whichmay impact the company and its subsidiaries Issues independent monthly compliance reports for Discretionary Portfolio ManagementAccount held by the Asset Management department Conducts annual review of compliance with Corporate Governance standards and Recommendsbest corporate governance practices to the Board Verifies compliance with Foreign Account Tax Compliance Act, CRS and Reports to Regulatoryauthorities as required. Monitoring & review of client protection/interest Identifies any money laundering risk for the company by screening all accounts to be openedthrough online world check & perform KYC requirements as per CBB Screens all subscription/redemptions of the company Funds through online world check Accesses the OMNI system regularly to address alerts raised by the system on varioustransactions processed at the company and administer the OMNI system and making the newrules relevant for AML monitoring in the system Reports any suspicious transactions to Senior Management, the Board and CBB Conducts yearly AML trainings for relevant staff Prepares Annual report to Board on AML Reviews PEP customer transactions and risk rating Monitors the updates from CRU on accounts having inadequate KYCs. Supports Risk unit in capturing, analyzing and reporting of Operational errors as perdocumented KRIs, whenever needed.
Keyskills :
Head of Compliance
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