Qureos Mentor

Ebdaa for Microfinance - Bahrain

<div>
 🌟 Job Opportunity: Risk, Compliance &amp; AML Officer
 
 
 
 
 📍
 
 Location:
 
 Manama, Bahrain (On-site)
 
 
 🏢
 
 Company:
 
 Ebdaa Microfinance Company
 
 
 About Ebdaa
 
 Ebdaa Microfinance Company is one of the pioneering institutions in the Kingdom of Bahrain providing inclusive financial services to micro and small entrepreneurs. Since its establishment, Ebdaa has empowered thousands of clients by supporting their entrepreneurial ambitions with responsible lending, innovative financial products, and a strong commitment to social impact.
 
 
 Role Overview
 
 We are seeking a
 
 Risk, Compliance &amp; AML Officer
 
 to strengthen Ebdaa&rsquo;s governance and control environment. The role is essential in ensuring the Company&rsquo;s compliance with the
 
 Central Bank of Bahrain&rsquo;s (CBB) regulations
 
 , international microfinance standards, and best practices in
 
 risk management, compliance, and financial crime prevention
 
 .
 
 
 Key Responsibilities
 
 The successful candidate will:
 
 
 
 Risk Management
 
 <ul>
 <li>
 Maintain and implement a
 
 Risk Management Framework
 
 covering credit, operational, liquidity, and strategic risks.
 </li>
 <li>
 Conduct
 
 risk identification, assessment, monitoring, and reporting
 
 to management and the Board.
 </li>
 <li>
 Develop and oversee policies on
 
 credit risk
 
 (loan assessment, provisioning, collateral),
 
 operational risk
 
 (business continuity, outsourcing, security), and
 
 liquidity risk
 
 .
 </li>
 <li>
 Ensure effective
 
 early-warning systems
 
 and internal controls are in place.
 
 </li>
 </ul>
 
 Compliance
 
 <ul>
 <li>
 Ensure adherence to all applicable
 
 CBB Rulebook Volume 5
 
 requirements for specialized licensees (microfinance).
 </li>
 <li>
 Monitor compliance with laws, regulations, and
 
 consumer protection standards
 
 (fair treatment, transparent pricing, complaint handling).
 </li>
 <li>
 Review and approve internal policies, procedures, and marketing materials for regulatory compliance.
 </li>
 <li>
 Prepare and submit periodic compliance reports to the CBB and senior management.
 
 </li>
 </ul>
 
 AML / CFT
 
 <ul>
 <li>
 Act as the designated
 
 AML/CFT Officer (MLRO/DMLRO)
 
 , overseeing all anti-money laundering and counter-terrorism financing activities.
 </li>
 <li>
 Implement a
 
 risk-based approach
 
 to customer due diligence (CDD/EDD) and ongoing monitoring.
 </li>
 <li>
 Manage the
 
 screening process for sanctions and PEPs
 
 .
 </li>
 <li>
 Ensure timely filing of
 
 Suspicious Transaction Reports (STRs)
 
 and coordinate with the Financial Intelligence Directorate (FID).
 </li>
 <li>
 Maintain AML/CFT training programs for staff and ensure company-wide awareness.
 </li>
 <li>
 Oversee recordkeeping and reporting obligations as per CBB requirements.
 
 </li>
 </ul>
 
 Governance &amp; Reporting
 
 <ul>
 <li>
 Support the Board and management in fulfilling their
 
 risk oversight responsibilities
 
 .
 </li>
 <li>
 Liaise effectively with regulators, auditors, and stakeholders.
 </li>
 <li>
 Promote a culture of
 
 compliance, transparency, and client protection
 
 within the organization.
 
 </li>
 </ul>
 Desired Qualifications &amp; Education
 <ul>
 <li>
 
 Bachelor&rsquo;s degree
 
 in Finance, Accounting, Business Administration, Law, or related fields (Master&rsquo;s preferred).
 </li>
 <li>
 
 3&ndash;6 years of experience
 
 in risk management, compliance, and/or AML within financial services; microfinance or NBFI experience is highly desirable.
 </li>
 <li>
 
 Professional certifications
 
 in compliance or AML (e.g., CAMS, ICA, or equivalent) strongly preferred.
 </li>
 <li>
 In-depth knowledge of the
 
 CBB Rulebook (Volume 5)
 
 , international AML/CFT standards (FATF), and microfinance client protection principles.
 </li>
 <li>
 Strong analytical, reporting, and policy drafting skills.
 </li>
 <li>
 Fluency in
 
 Arabic and English
 
 (spoken and written).
 
 </li>
 </ul>
 Why Join Us?
 <ul>
 <li>
 Be part of a mission-driven institution dedicated to
 
 financial inclusion and social impact
 
 .
 </li>
 <li>
 Opportunity to contribute to
 
 strengthening governance and risk culture
 
 in one of Bahrain&rsquo;s leading microfinance companies.
 </li>
 <li>
 Competitive compensation and opportunities for professional growth.
 
 </li>
 </ul>
 How to Apply
 
 If you are ready to take on this exciting challenge, please submit your
 
 CV
 
 and
 
 cover letter
 
 via LinkedIn or email us at:
 
 ceo@ebdaabank.com
 
 , mentioning
 
 Risk, Compliance &amp; AML Officer
 
 in the subject line.
 
</div>

Risk, Compliance, and AML Officer

Join Ebdaa for Microfinance - Bahrain and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Ebdaa for Microfinance - Bahrain

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Risk, Compliance, and AML Officer