Job Description

Responsibilities:

1. Stay updated on relevant laws and regulations and proactively revise policies,

procedures, transaction monitoring rules, and risk assessment rules to ensure

compliance.

2. Conduct regular reviews of AML policies, procedures, and delegated authorities to

ensure their effectiveness and alignment with regulatory requirements.

3. Take charge of Customer Due Diligence (CDD) during customer onboarding and

data updates. Act as the primary contact for KYC, sanctions screening, and

compliance due diligence for both existing and potential clients.

4. Carry out ongoing monitoring and execution of Financial crime/Counter-Terrorist

Financing (CTF)/Sanctions functions to detect and prevent any non-compliance or

suspicious activities.

5. Identify and escalate local compliance issues promptly, ensuring their resolution in

a timely manner.

6. Develop and implement an effective Anti-Bribery & Corruption Policy, ensuring its

proper communication and adherence across the organization.

7. Coordinate and manage conflict of interest situations, ensuring appropriate

measures are in place to mitigate risks and maintain ethical standards.

8. Act as the internal control point for ethics and improprieties, handling allegations,

complaints, and providing corporate leadership and guidance on compliance

matters.

Key competencies:

Seasoned professional with extensive experience and direct involvement in AML,

demonstrating a track record of effectively managing compliance-related

responsibilities.

2. Comprehensive understanding of money-laundering related laws and regulations,

encompassing both Omani and international AML/CTF requirements. Stay

updated on the latest developments and ensure full compliance.

3. Proficient in compliance procedures, possessing a thorough knowledge of best

practices and industry standards. Apply this knowledge to develop and implement

effective compliance frameworks.

4. Possess in-depth knowledge of sanctions regimes, including international

sanctions and Russian counter-sanctions. Stay abreast of changes in sanctions

policies and ensure compliance in all relevant business activities.

5. Skilled in conducting compliance screenings using relevant software, such as

OFAC web-site, and other tools. Utilize these skills to efficiently identify and

address potential compliance risks and issues. Stay updated on emerging

technologies and tools to enhance compliance screening processes.

Personal skills:

1. Diligent and dedicated, demonstrating a strong work ethic and a willingness to

take ownership of responsibilities. Also, collaborate effectively with colleagues,

fostering a cooperative work environment.

2. Proactive and eager to contribute to the overall success of the team, actively

seeking opportunities to assist and support others as needed.

3. Possess excellent verbal, written communication, and presentation skills.

Articulate ideas and information clearly, concisely, and effectively, adapting

communication style to suit different audiences and situations.

4. Display a genuine passion for continuous learning, actively seeking opportunities

to expand knowledge and skills. Also, willingly share knowledge and provide

guidance to colleagues when appropriate, fostering a culture of learning and

development.

5. Exhibit strong research and analytical skills, enabling the ability to gather, interpret,

and evaluate information effectively. Apply critical thinking to solve complex

problems and make informed decisions.

6. Show meticulous attention to detail, ensuring accuracy and precision in all tasks.

Maintain a high level of quality in work output, detecting and rectifying errors or

inconsistencies promptly.

Requirements

Previous experience:

Possess a minimum of three years of hands-on experience working in an AML

function, specializing in sanctions, within the financial or leasing sector. Demonstrate

a strong understanding of AML practices, regulations, and procedures, with a focus on

effectively mitigating sanctions-related risks.

Education:

Hold a university or college degree, showcasing a solid educational foundation. This

educational background provides a well-rounded knowledge base to support AML

compliance responsibilities.

Foreign languages:

Fluent in English, enabling clear and effective communication in both written and

verbal forms. This proficiency in English facilitates smooth interactions with

international stakeholders and enhances the ability to stay updated on global AML

trends and best practices