Deputy MLRO

To support the MLRO and Compliance Officer in ensuring full compliance with the CBB Rulebook, AML Law, and relevant international standards, while also providing legal advisory and corporate governance support to the firm. The role combines responsibilities across AML/CFT monitoring, regulatory compliance, and legal affairs, ensuring the firm’s operations meet regulatory, contractual, and legal obligations.

Responsibilities

• Support the MLRO in monitoring AML/CFT compliance across business units.
• Review, investigate, and escalate unusual/suspicious transactions to the MLRO.
• Maintain AML registers (STR/SAR, high-risk clients, PEPs, sanctions screening).
• Assist in drafting AML/CFT policies, procedures, and training materials.
• Liaise with regulators, law enforcement, and correspondent institutions under the MLRO’s guidance.
• Monitor day-to-day compliance with the CBB Rulebook and internal policies.
• Conduct compliance monitoring reviews and report findings to the Compliance Officer.
• Assist in regulatory reporting, license renewals, and correspondence with the CBB.
• Maintain registers (breaches, conflicts of interest, complaints).
• Support training initiatives on compliance and conduct matters.
• Provide legal advice on regulatory, corporate, and commercial matters.
• Support regulatory filings, board governance, and shareholder disclosures.
• Act as MLRO when delegated.

Qualifications

• Bachelor’s or Master’s degree in Law, Finance, or Business; legal qualification preferred.
• 5–7 years’ experience in compliance/AML/legal within financial services.
• Strong knowledge of CBB Rulebook, AML/CFT framework, and Bahraini corporate law.
• Professional certifications (e.g., ACAMS, ICA, CFA in compliance context) an advantage.
• Strong drafting, investigative, and regulatory reporting skills.
• Excellent communication in English and Arabic.
• Excellent organizational, communication, and stakeholder management abilities.
• Ability to work independently while supporting multiple functions.

Competencies

• Integrity and professional judgment.
• Analytical and detail-oriented mindset.
• Ability to balance regulatory requirements with business needs.
• Strong interpersonal and negotiation skills.
• Commitment to continuous professional development.