Job Description

About the job

PRIMARY PURPOSE

We are seeking a detail-oriented and proactive Compliance Officer to join our team. The Compliance Officer will be responsible for ensuring that our organization adheres to all relevant laws, regulations, and internal policies. They will work closely with various departments to implement compliance programs, conduct audits, screening, training employees on the system, and monitor transactions.

RESPONSIBILITIES

Conduct name screening, batch screening, and detect any suspicious names in accordance with regulatory requirements.

Monitor transactions for any suspicious trends and promptly investigate and report any anomalies.

Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) to prevent financial crimes.

Serve as a focal point in the organization's line of defense against financial crimes, ensuring compliance with relevant laws, regulations, and internal policies.

File Suspicious Transaction Reports (STR), Suspicious Activity Reports (SAR), Politically Exposed Persons (PEP) Negative Media Reviews (PNMR), Foreign Financial Institution Reports (FFR), and High-Risk Country Reports (HRC) when needed.

Develop and deliver training programs for employees on compliance-related matters to enhance awareness and understanding.

Maintain a current understanding of Money Laundering (ML), sanctions, and Enhanced Due Diligence (EDD) regulations, policies, procedures, industry best practices, criminal typologies, and emerging trends.

Serve as a trusted advisor to company departments on compliance-related matters, assisting in the resolution of compliance-related issues and inquiries.

Ensure that compliance risk assessments are conducted in accordance with regulatory requirements and industry best practices.

Collaborate with the compliance team to handle other tasks and initiatives aimed at ensuring regulatory compliance and mitigating risks.

Takes Health, Safety & Environment (HSE) lead in ensuring "safe systems of work" and "safe conditions" are in place within area of responsibility.

QUALIFICATIONS & EXPIERENCE

Educational Requirements / Qualifications:

Bachelor's degree in Law, Business administration or other related Business field.

ACAMS certified (Preferred).

Experience:

2-5 years of experience required in any related industry.

Proven experience in a compliance role with a focus on anti-money laundering (AML) and financial crime prevention.

Skills and Competencies:

Knowledge of regulations and guidelines.

Conceptual and analytical thinking.

Knowledge in auditing, internal audit standards, fraud awareness, and professional ethical standards.

Knowledge in enterprise risk management.

Communication skills, including oral communication, report writing, and presentation skills.

Job Type: Full-time

Application Question(s):

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