Deputy MLRO

Advanced Search Group; Manama; On-site; BHD 60,000 - 90,000; Full time

Benefits offered by this job

Exposure to complex international AML

Global remit across jurisdictions

Competitive compensation

Job summary

Tanqeeb seeks a seasoned Senior AML/Financial Crime Compliance professional to support the Group MLRO in overseeing the organisation's AML, sanctions, KYC, and financial crime framework. You will conduct independent reviews, lead control testing, and drive governance across multiple jurisdictions.

The role requires 6–10 years in AML/Financial Crime within regulated banking or asset management, with strong stakeholder communication and report-writing skills.

Qualifications

• Bachelor's degree in Law, Finance, Accounting, Business Administration, or related discipline.
• 6–10 years' experience in AML, Financial Crime Compliance, Risk Management, or Regulatory Compliance in financial services.
• Experience with regulators, auditors, and senior stakeholders in a regulated environment.
• Background in AML assurance, compliance monitoring, quality assurance, audit or control testing.

Responsibilities

• Support the Group MLRO in overseeing AML, sanctions, KYC, and financial crime compliance framework.
• Conduct independent reviews and assurance assessments of AML controls.
• Lead thematic reviews, control testing, and quality assurance initiatives.
• Identify control gaps and opportunities to strengthen processes.
• Prepare management information, reports, and recommendations for senior management.
• Assist with regulatory inspections, audits, and compliance reviews.
• Review onboarding, enhanced due diligence, periodic reviews, and sanctions screening.
• Review high-risk client relationships, PEP classifications, and escalations.
• Support suspicious activity reporting processes and regulatory reporting obligations.
• Act as deputy to the Group MLRO and support governance responsibilities.

Skills

AML

KYC

Regulatory compliance

Financial crime

Risk management

Stakeholder management

Education

Bachelor's degree in Law/Finance/Accounting

Job description

Our client is a leading global financial services and investment organisation with operations across multiple jurisdictions.

Support the Group MLRO in overseeing the organisation's AML, sanctions, KYC, and financial crime compliance framework.
Conduct independent reviews and assurance assessments of AML and financial crime controls.
Lead thematic reviews, control testing exercises, and quality assurance initiatives.
Identify control gaps, emerging risks, and opportunities to strengthen compliance processes.
Support enterprise-wide financial crime risk assessments and monitoring activities.
Prepare management information, reports, and recommendations for senior management and governance committees.
Assist with regulatory inspections, audits, and compliance reviews.
Review and support client onboarding, enhanced due diligence, periodic reviews, and sanctions screening activities.
Review higher-risk client relationships, PEP classifications, and financial crime escalations.
Support suspicious activity reporting processes and regulatory reporting obligations.
Conduct or oversee AML/KYC due diligence on counterparties and third parties.
Act as deputy to the Group MLRO and provide support across governance and oversight responsibilities.

The successful applicant

• Bachelor's degree in Law, Finance, Accounting, Business Administration, or a related discipline.


• 6-10 years' experience in AML, Financial Crime Compliance, Risk Management, or Regulatory Compliance within banking, asset management, wealth management, investment management, or financial services.


• Experience operating within a regulated environment and interacting with regulators, auditors, and senior stakeholders.


• Proven background in AML assurance, compliance monitoring, quality assurance, audit, or control testing functions.


• Previous MLRO or Deputy MLRO experience is advantageous.


• Professional certifications such as CAMS, ICA Diploma in AML, CFCS, or equivalent are highly desirable.


• Strong working knowledge of AML, sanctions, KYC/CDD, enhanced due diligence, transaction monitoring, and PEP reviews.


• Exposure to international AML/CFT regulatory frameworks and supervisory authorities such as CIMA, Cayman FRA, FATF, OFAC, EU AML Directives, and US BSA/AML requirements would be highly advantageous.


• Strong analytical skills and the ability to challenge and assess control effectiveness.


• Excellent stakeholder management, communication, and report-writing capabilities.

What's on offer

• Exposure to complex international AML and financial crime compliance matters.


• Broad regional and global remit across multiple jurisdictions.


• Competitive compensation and benefits package.