Employment: Full Time
Job Duration: Permanent Employment
An opportunity has arisen to join a growing team in one of the Middle East & Africa’s largest banking organisations within their Financial Crime Compliance Group.
Responsibilities:
– Managing the Financial Crime Compliance IT systems infrastructure across the Group and maintain adequate oversight.
– Ensure management of all relevant IT projects and key enhancement across the Group.
– Ensure all the AML/CTF monitoring tools are capturing on a timely basis accurate data that is in line with the regulatory requirements in order to avoid any suspicious activities that could lead to fines/ penalties and the consequent loss of reputation.
– Liaise with internal and external stakeholders on a continuous basis to resolve their queries, respond to issues raised by them relating to the Group’s AML/ CTF efforts and ensure oversight that all requirements are met:
– Monitor the entire Financial Crime Compliance systems infrastructure across the Group and perform periodic diagnostic system analysis to initiate the corrective actions and enhancements.
– Align the system capabilities and deliverables (output) with the applicable regulatory requirements in the respective countries.
– Manage the Group Compliance Capex projects and ad-hoc system enhancements to improve the Financial Crime Compliance systems framework and align the strategic system enhancement across the Group with clear objective and implementation plan.
– Manage the entire Compliance projects plan initiating the Business Requirement Specification, coordination with GITD, prepare the evaluation of the vendors and submit senior management firm recommendation.
– Managing the Anti-Money Laundering (AML) monitoring tools in place of the bank with the aim of ensuring complete and proper implementation of QCB regulations and guidelines regarding AML/ CTF, including pronouncements/ directives issued by the regulator.
– Follow up and enhance the Financial Crime Compliance systems manual and procedures in line with amendments to existing local laws and regulations and applicable international regulations pertaining to Financial Crime Compliance.
– Provide input regarding the selection of a system and the generation of reports there from to support the Group’s Financial Crime Compliance efforts and ensure subsequent implementation of the system across the various Group entities.
Qualifications:
– Bachelor degree with professional qualifications in IT Project management
– A minimum of 11 years in Financial Crime Compliance IT at a major banking institution or regulatory agency.
– Solid experience of working in financial services. Financial Crime Compliance specific experience is necessary.
– Strong understanding of the requirements of the Money Laundering Regulations and the Joint Money Laundering Steering Group Guidance.
– Experience on working with AML/CTF transaction monitoring systems (i.e. SAS AML, Nice Actimize).
– Project Management experience.
Allegis Group retired the “Talent2” name and re-branded its specialist recruitment professionals brand to Aston Carter.
Aston Carter is a distinguished global provider of recruitment services to companies requiring highly specialised business professionals. We have an unrivalled commitment to delivering first class service to our clients and candidates across professional disciplines, including Information Technology, Finance, Sales, Risk, Credit, Compliance, Operations, Marketing, Audit, HR and Engineering. Although we are retiring theTalent2 brand, our continued alignment with your company’s business objectives will remain unchanged. As part of Aston Carter, our global presence gives us access to additional high-level talent, solutions and industry trends to better grow with our customers.
With more than 60 offices across Europe, Asia Pacific and North America, Aston Carter provides local, regional and global expertise to drive value and meet our customers’ unique needs. Aston Carter is an operating company of Allegis Group, a global talent solutions provider and the world’s largest privately owned recruitment firm.
Source: Job Posting - gulftalent.com
