Deputy Money Laundering Reporting Officer

UBL Qatar is looking for a Deputy MLRO who will ensure that the bank's policies, procedures, relevant laws, & regulatory requirements are complied in letter and spirit to minimize operational, legal & regulatory risk. The individual will help to improve business practice & process and promoting better controls. The job responsibilities of the DMLRO includes:

• Assist the MLRO and Compliance Analyst for effective discharge of their regulatory roles defined by QCB.
• Perform periodical reviews carried out by the compliance officer & discuss exceptions with branch (unit managers for resolution. Perform roles/activities as defined by AML & Compliance Policy, Compliance procedures manual and other instructions issued by Compliance.
• Ensure implementation of regulatory roles of Compliance defined by QCB.
• Diarize schedule of returns to be submitted to the regulatory authorities.
• Obtain confirmation from relevant departments to ensure timely submission of returns
• Assist in delivery of AML/CFT and other related trainings to relevant staff. Ensure circulation of Regulatory instructions to relevant staff for implementation.
• Ensure timely review of AML & screening alerts by analysts/other compliance staff as per compliance manual. Supervising the Alert closure where required. Ensure review of system-based transactions/profile reports by AML team and supervising AML investigations. Supervising the decision of STR filing as per local regulations.
• Communicate with the managers/management & provide required information in a timely manner to guide the UBL Qatar, for timely implementation of regulatory requirements and ensure bank's compliance.
• Liaison with Branch managers /management/HO Management with regards to compliance & AML issues.
• Keep a strong and continuous relationship with Regulators (QCB and QFIU)

Note: The position is based in Qatar, hence candidates based in Qatar will ONLY be shortlisted, if they meet the criteria.

Experience & Qualification:

• Masters/Bachelor's Degree/ACCA/CA/CAMS/ Other AML CPT Certification
• Knowledge on regulatory requirements.
• 5 To 7 Years of banking experience in Compliance/AML/Audit

Skills Required:

• Analytical and Problem-Solving Skills
• Technology Proficiency
• Understanding of AML/CTF Regulations
• Stress Management
• Attention to Detail
• Proficiency in Arabic language