Anti Money Laundering Specialist (Qatarization)

About Commercial Bank Of Qatar

Job Summary

Aml Specialist

• , reporting to the Team Leader – AML/CTF Monitoring.
• You’ll play a pivotal role in safeguarding the bank by executing daily AML/CTF monitoring processes (payment and name-screening), identifying and escalating suspicious activity, and collaborating closely with internal stakeholders and regulators (QCB, FIU) to ensure timely reporting and follow-up.
• You’ll also support enhanced due diligence (EDD) reviews, maintain KPIs and SLAs, and contribute to continuous process improvements.
• ****Key Accountabilities****
• Monitoring and Compliance:
• Execute the daily AML/CTF monitoring process, Payment and Name screening, identify suspicious transaction and review potential & exact match.
• Report cases required further investigation to the AML investigator for review.
• Follow-up on pending cases and inquiries with the branches and related business units.
• Follow-up on regulatory inquiries and requests i.e. QCB, FIU.
• Follow-up on the implementation of all KYC, due diligence requirements with all business units.
• Support Management in the entire AML monitoring Process including but not limited to review of AML reports: Black list checking, supporting documents, Data population, Due Diligence requirements, Archiving…etc.
• Follow-up on AML inquiries raised by other departments or Branches.
• Actively support during the complex AMLL/CTF investigations, while coordinating with team members and other departments to determine the proper course of action in handling potentially suspicious activity as required by applicable laws and regulations.
• Work and contribute in a team-oriented and collaborative environment to improve the analytical and reporting processes.
• Handle EDD related inquiries.
• Maintaining KPI and KRI.
• Meeting SLA’s defined by the department.
• Continuous Improvement
• Contribute to the identification of opportunities for continuous improvement of systems, processes and practices. Policies, Systems, Processes & Procedures.
• Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.

Minimum Qualifications

• Bachelor degree or equivalent.
• CAMS (Preferred)

Minimum Experience

• 0 - 4 years’ relevant experience in Compliance and Anti Money Laundering in Bank.

Skills

• Ability to interact with internal and external stakeholders
• Ability to work under pressure
• Accuracy and attention to detail
• Arabic speaking preferred
• Awareness of local cultural and social factors, and labour law provisions
• Bilingual language skills in English and Arabic
• Risk Management
• ****Why Commercial Bank?****
• Best Digital Bank in the Middle East 2024 by World Finance and Best Mobile Banking App in the Middle East 2024 by Global Finance.
• An Innovation-Driven, Digital-First Environment where employees work with the latest tools and technologies to redefine banking
• Opportunities for Global Partnerships & International Exposure, connecting employees with global networks and perspectives.A focus on Employee Well-being & Work-Life Balance, ensuring a healthy and supportive environment for all team members
• Competitive Compensation & Benefits that ensure our employees are rewarded for their dedication and performance
• A strong Commitment to Diversity, Equity & Inclusion, fostering a culture that values every individual’s unique perspective. At Commercial Bank, we don’t just offer careers, We shape futures by pioneering digital transformation in Qatar’s banking sector, blending digital-first approach to redefine banking through innovative solutions.

Disclaimer