Job Description

Job Purpose Summary:

The incumbent will ensure that there is adequate AML/CTF system and control in place at Group level to effectively manage the Money Laundering and terrorist financing risk and enhance the Global on-going changes for both AML/CTF bodies including QCB instructions and the Financial Action Task Force (FATF), to prevent the Group from being exposed to the risk of legal/ regulatory sanctions and the associated financial/ reputation loss that the Group may incur/ suffer as a result of failure to comply with the relevant AML/ CTF regulations.


Essential Duties & Responsibilities by Dimensions:

A. Shareholder & Financial:

Execute the AML/CTF efforts of the Group by monitoring customer daily transactions on timely basis to avoid any suspicious transactions that could lead to fines/ penal actions and the consequent loss of reputation. Implements KPI's and best practices for Senior Associate, AML CTF Investigations. Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank. Implements KPI's and best practices for Senior Associate, AML CTF Investigations. Act within the limits of the powers delegated to the incumbent.

B. Customer (Internal & External):

Assist the AML/CTF Specialist with the following on continuous basis to resolve their queries/ respond to issues raised by them relating to the Group's AML/ CTF efforts: Qatar Central Bank officials. Qatar Financial Market Authority Officials Qatar Financial Center Authorities . QNB Shariaa Advisory Board Officials from other government bodies in Qatar like ministries and QE. National Anti Money Laundering Committee (NAMLC) and the Financial Information Unit (FIU) in Qatar.

C. Internal (Processes, Products, Regulatory):

Assist the AML/CTF Specialist in managing the (AML/CTF) activities of the Group with the aim of ensuring complete and proper implementation of QCB regulations and other guidelines Assist the AML/CTF Specialist to ensure that the amendments to the relevant AML/ CTF laws and regulations are communicated in a timely manner to the domestic entities to enable them to comply with the same. Implement under the supervision of the AML/CTF Specialist specific tasks of the plan approved by the Group Board Audit & Compliance Committee for the Group's entities by performing periodic review of the AML/ CTF related activities conducted at the entities included within the plan. This will include testing conducted to ensure compliance with the approved KYC policy. Participate in assessing the AML/CTF review conducted by the business units / branches for the daily and monthly reports with immediate reporting on non-compliance cases. Assist the AML/CTF Specialist to investigate suspicious transactions reports (STRs) received from the Branch MLROs Participate in providing responses to the AML/CTF questionnaire received from correspondent banks and counterparties. Assist in liaison with the NAMLC, FIU and QCB with respect to AML/ CTF related matters. Provide assistance to the compliance team as and when required, and act as the backup for the AML/CTF Specialist in case of his absence. Participate in special assignments and investigations as and when required by the AML/CTF Specialist.

D. Learning & Knowledge:

Maintain an understanding of all pertinent AML/CTF laws, regulations, policies/ procedures and applicable best practices pertaining to the Group's operations/ activities. Provision of inputs to the Department's training plan and thereby develop/ enhance the skill sets of Group Compliance personnel with respect to AML/ CTF measures/ initiatives and provide them with opportunities for career development. Also, identify areas for professional development of self and other Group Compliance personnel.

E. Legal, Regulatory, and Risk Framework Responsibilities:

Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).
- Understand and effectively perform your role under the Three Lines of Defence principle to identify measure, monitor, manage and report risks. - Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.


Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements. Maintain appropriate knowledge to ensure full qualification to undertake the role. Complete/attend all mandatory training provided by the Bank, attain, and maintain the required levels of competence. Maintain an excellent understanding of all pertinent AML/CTF laws, regulations, policies/ procedures and applicable best practices pertaining to the Group's domestic operations/ activities. Prepare and document all the system manuals with regular update. Provision of inputs to the Department's training plan and thereby develop/ enhance the skill sets of Group Compliance personnel with respect to AML/ CTF measures/ initiatives and provide them with opportunities for career development. Also, identify areas for professional development of self and other Group Compliance personnel.

F. Other:

Unrestricted access at any time to all information, records, personnel and property in Qatar and overseas (as and when applicable) is required for effective AML/CTF implementation. Maintain utmost confidentiality with respect to the information obtained during the day-to-day performance of his duties/ responsibilities.

Education/Experience Requirements:Bachelor degree; professional qualifications such as CPA/CIA/CCO is desired. A minimum of 2 years' experience in a major banking institution or in a consultancy firm.

Ability to analyse the impact of changes in the relevant regulations on the Group's compliance risk profile pertaining to its operations as far as AML/ CTF activities are concerned.

Sufficient knowledge of banking policies/ procedures, regulatory and best practice pronouncements pertaining to AML/ CTF. Strong Microsoft Office skills (e.g., Word, Excel, Outlook). Problem solving and decision making ability. Sufficient knowledge of banking systems. * Assertive.