Anti Money Laundering Specialist (Qatarization)

Commercial Bank, Qatar; Doha; On-site; QAR 140,000 - 240,000; Full time

Benefits offered by this job

Competitive compensation

Diversity & inclusion

Global exposure

Job summary

Commercial Bank in Doha is seeking an AML Specialist to join the Compliance team, reporting to the Team Leader – AML/CTF Monitoring. The role entails daily AML/CTF monitoring processes, payment and name screening, and escalation of suspicious activity in collaboration with regulators (QCB, FIU) and internal stakeholders.

You will support enhanced due diligence (EDD) reviews, maintain KPIs and SLAs, and contribute to continuous process improvements in a dynamic banking environment.

Qualifications

• Bachelor degree or equivalent.
• CAMS certification is preferred.
• 0-4 years’ relevant experience in Compliance and AML in banking.

Responsibilities

• Execute daily AML/CTF monitoring and name screening.
• Identify suspicious activity and escalate.
• Coordinate with regulators (QCB, FIU) and internal stakeholders.
• Maintain KPIs and SLAs and contribute to process improvements.

Skills

Stakeholder management

Working under pressure

Attention to detail

Cultural awareness

English & Arabic

Education

Bachelor degree or equivalent

CAMS (Preferred)

Job description

Commercial Bank, founded in 1975 and headquartered in Doha, plays a vital role in Qatar’s economic development by offering a range of personal, business, government, international and investment services.

We believe in empowering our employees, providing them with opportunities for growth and professional development.

By Joining us, you’ll be part of a workplace culture that fosters innovation, supports work-life balance, and encourages you to reach your full potential.

Join us in shaping the future of banking!

Job Summary

Join our Compliance team as anAML Specialist, reporting to the Team Leader – AML/CTF Monitoring.

You’ll play a pivotal role in safeguarding the bank by executing daily AML/CTF monitoring processes (payment and name-screening), identifying and escalating suspicious activity, and collaborating closely with internal stakeholders and regulators (QCB, FIU) to ensure timely reporting and follow-up.

You’ll also support enhanced due diligence (EDD) reviews, maintain KPIs and SLAs, and contribute to continuous process improvements.

Key Accountabilities

Monitoring and Compliance:

• Execute the daily AML/CTF monitoring process, Payment and Name screening, identify suspicious transaction and review potential & exact match.
• Report cases required further investigation to the AML investigator for review.
• Follow-up on pending cases and inquiries with the branches and related business units.
• Follow-up on regulatory inquiries and requests i.e. QCB, FIU.
• Follow-up on the implementation of all KYC, due diligence requirements with all business units.
• Support Management in the entire AML monitoring Process including but not limited to review of AML reports: Black list checking, supporting documents, Data population, Due Diligence requirements, Archiving…etc.
• Follow-up on AML inquiries raised by other departments or Branches.
• Actively support during the complex AMLL/CTF investigations, while coordinating with team members and other departments to determine the proper course of action in handling potentially suspicious activity as required by applicable laws and regulations.
• Work and contribute in a team-oriented and collaborative environment to improve the analytical and reporting processes.
• Handle EDD related inquiries.
• Maintaining KPI and KRI.
• Meeting SLA’s defined by the department.
• Contribute to the identification of opportunities for continuous improvement of systems, processes and practices. Policies, Systems, Processes & Procedures.
• Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.

Other Accountabilities

Minimum Qualifications:

• Bachelor degree or equivalent.
• CAMS (Preferred)
• 0 - 4 years’ relevant experience in Compliance and Anti Money Laundering in Bank.

Skills

• Ability to interact with internal and external stakeholders
• Ability to work under pressure
• Accuracy and attention to detail
• Awareness of local cultural and social factors, and labour law provisions
• Bilingual language skills in English and Arabic

Why Commercial Bank?

• Best Digital Bank in the Middle East 2024 by World Finance and Best Mobile Banking App in the Middle East 2024 by Global Finance.
• AnInnovation-Driven, Digital-First Environment where employees work with the latest tools and technologies to redefine banking
• Opportunities for Global Partnerships & International Exposure, connecting employees with global networks and perspectives.A focus on Employee Well-being & Work-Life Balance, ensuring a healthy and supportive environment for all team members
• Competitive Compensation & Benefits that ensure our employees are rewarded for their dedication and performance
• Astrong Commitment to Diversity, Equity & Inclusion, fostering a culture that values every individual’s unique perspective. At Commercial Bank, we don’t just offer careers, We shape futures by pioneeringdigital transformation in Qatar’s banking sector, blending digital-first approach to redefine banking through innovative solutions.