Analyst

Explore more jobs; Manama; On-site; BHD 12,000 - 18,000; Full time

Job summary

Explore more jobs in Bahrain seeks an AML/CFT Compliance Analyst to monitor compliance trends in the financial sector, update risk assessments for banks, and stay aligned with FATF recommendations.

Fresh graduates to five years of relevant experience will perform on-site examinations, analyze banks' action plans, prepare examination reports, and support continuous enforcement of AML/CFT laws.

Qualifications

• Monitor compliance trends within the financial sector to identify emerging risks.
• Regularly update risk assessments and profiles for banks.
• Stay updated on FATF recommendations and other international standards.
• Support off-site supervision activities with a focus on AML/CFT laws.
• Conduct AML/CFT onsite examinations on banks.
• Prepare AML/CFT onsite examination reports including follow-ups.

Responsibilities

• Continuously monitor compliance trends within the financial sector to identify emerging risks related to financial crimes.
• Regularly update risk assessments and profiles for banks based on the latest intelligence, transaction data, and global trends.
• Stay updated on FATF recommendations and other international standards.
• Support off-site supervision activities with a focus on analizing and ensuring compliance with AML/CFT laws.
• Conduct AML/CFT onsite examinations on banks.
• Conduct AML/CFT thematic onsite examinations on banks.
• Conduct follow-up onsite examinations on banks.
• Assess banks action plans.
• Assess banks progress and compliance with action plan subsequent to onsite examinations.
• Prepare AML/CFT onsite examination reports (regular examination, thematic examination, and follow up examination)

Skills

AML/CFT compliance

Risk assessment

Regulatory standards

Onsite examinations

Data analysis

Monitoring trends

Education

BSc in Banking, Finance, Accounting

Job description

• Continuously monitor compliance trends within the financial sector to identify emerging risks related to financial crimes.
• Regularly update risk assessments and profiles for banks based on the latest intelligence, transaction data, and global trends.
• Stay updated on Financial Action Task Force (FATF) recommendations and other international standards.
• Support off-site supervision activities with a focus on analyzing and ensuring compliance with AML/CFT laws.
• Conduct AML/CFT onsite examinations on banks
• Conduct AML/CFT thematic onsite examinations on banks
• Conduct follow-up onsite examinations on banks
• Assess banks action plans
• Assess banks progress and compliance with action plan subsequent to onsite examinations
• Prepare AML/CFT onsite examination reports (regular examination, thematic examination, and follow up examination)

Desired Candidate Profile

BSc. in Banking, Finance, Accounting or its equivalent

Fresh Graduate up to 5 years in relevant field