Compliance & AML/CTF Officer

About This Role

Job Description

The Compliance & AML/CTF Officer oversees the company's regulatory framework and manages AML/CTF risks. The role ensures full adherence to laws and internal policies, providing expert guidance across all departments to maintain legal and ethical standards.

Responsibilities and Duties

• Ensure the company meets its legal and regulatory obligations as required by local authorities and monitor overall business compliance.
• Manage the day-to-day running of the compliance function and all aspects of the company's compliance activities.
• Conduct periodic compliance reviews, such as examining client accounts or business units, to ensure alignment with internal policies and external regulators.
• Analyze new regulatory publications, evaluate their impact on the business, and coordinate with department heads to adjust procedures accordingly.
• Draft and update compliance manuals and policies for various business functions.
• Collaborate with department heads to identify and correct regulatory and control deficiencies, following up on corrective actions and reporting responsibilities.
• Liaise with internal and external parties regarding regulatory inspections and audits.
• Perform corporate risk management tasks and handle client complaints with professional diligence.

Qualifications and Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• 3 to 5 years of professional experience in compliance or anti-money laundering (AML).
• Technical Qualification Certificate (CME-1B).
• Compliance and Anti-Money Laundering/Counter-Terrorism Financing Certificate (CME-2).

Competencies

• Commitment to the highest ethical standards to promote a culture of compliance and professional conduct within the company.
• High capacity to monitor suspicious transactions and analyze complex data to protect the organization from risks.
• Skill in providing clear and professional regulatory guidance and support to all staff members.
• The ability to predict regulatory risks before they occur to protect the company from penalties and reputational damage.