hireejobsgulf
Register for Job

Senior Officer AML/CTF

1.00 to 10.00 Years   Qatar   18 Aug, 2022
commercial bank of qatar
1 Jobs Openings
Job LocationQatar
EducationNot Mentioned
SalaryNot Mentioned
IndustryBanking
Functional AreaNot Mentioned

Job Description

Senior Officer AML/CTF & Regulatory Reporting Key AccountabilitiesThe Commercial Bank?s AML/CFT Programme has been implemented throughout all business divisions in accordance with the Bank?s AML/CFT Policy and the relevant procedures. In general, the Senior Officer will be responsible for:

  • ensuring compliance with CBQ AML/CFT Policy and related SOPs
  • conducting a quality review and ensuring the quality of STRs before their submission (facts, context and indicators);
  • submitting STRs to QFIU (with accurate information) to the QFIU in a timely manner;
  • conducting a quality review of periodic and ad-hoc reporting before their submission to regulators;
  • submitting periodic and ad-hoc reporting to regulators in a timely and accurate manner;
  • conducting review and analysis of received transaction monitoring cases for potential suspicious activities concerning the risk of ML/TF/PF
  • liaising with businesses and other departments to obtain additional supporting documents and information related to analyzed transaction monitoring cases;
  • maintaining and updating the STR tracker; analysing and highlighting key trends on an ongoing basis.
Other AccountabilitiesMonitoring and Compliance
  • Review of assigned transaction monitoring cases to assess the risk of potential suspicious activity on the account, such as money laundering.
  • Analysis of transactions (for assigned cases) in the underlying account(s) for identification of potential suspicious activities concerning the risk of ML/TF/PF.
  • Handle end-to-end AML/CFT investigations; preparing STR (with concrete information) to be filed with Qatar Financial Information Unit (QFIU) in a timely manner.
  • Respond (timely) to the law enforcement agencies (LEAs) for an additional information related to a reported customer.
  • Handle QCB/FIU/LEAs inquiries concerning a reported customer(s).
  • Identify serious risks (particularly the ones related to TF & PF) and escalate Manager- AML Governance and MLRO.
  • Update names in the relevant database (communicated/ published by QCB/QFIU/LEAs) for monitoring purposes.
  • Provide appropriate and constructive advice/feedback to other stakeholder (e.g. AML Operations, AML Governance, Fraud Investigation and other SBUs) on the matters concerning suspicious activities.
  • Perform peer review and provide constructive feedback on the matters concerning STRs.
  • Respond to AML/CFT inquiries (raised by other departments or Branches) in a timely manner and in accordance with the agreed SLA.

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved