Compliance Manager, Qatar

Mashreq; Qatar; On-site; QAR 446,000 - 670,000; Full time

Job summary

Mashreq in Qatar seeks a Compliance Manager to support the CCO & MLRO in day-to-day Qatar Compliance operations, ensuring AML/KYC and regulatory alignment with QCB. You will build relationships with QCB and coordinate with branches to maintain compliant processes.

You will oversee policy updates, provide training to staff, escalate high‑risk issues, and lead investigations as needed, promoting a culture of proactive compliance across all Qatar branches.

Qualifications

• 7–10 years banking experience with good understanding of US and Qatar markets.
• Professional qualification in business / commerce / economics / law.
• CAMS or equivalent compliance certification.
• Sound knowledge of international banking practice and products/services.
• Specific and/or transferable knowledge/experience related to compliance/AML/Sanctions/Central Bank regulations.
• Computer literate with strong written and spoken English; Arabic is an advantage.

Responsibilities

• Support CCO & MLRO in day-to-day Qatar Compliance operations and AML/KYC policy adherence.
• Maintain relations with QCB and regulatory authorities; coordinate with branches as needed.
• Ensure internal procedures/policies remain compliant with regulations; provide guidance to Branch Management.
• Escalate high-risk issues to CCO/MLRO and IBG-Compliance with action plans for closure.
• Develop and maintain the local Compliance/AML Manual and distribute to branch staff.
• Provide AML/Compliance training to Qatar staff on an ongoing basis.
• Promote a strong compliance culture in Qatar branches.
• Monitor Product Programs and SOPs for QCB and Mashreq AML/KYC policy compliance; monitor transactions.
• Analyze suspicious transactions and assist MLRO with STR submissions to QCB.
• Respond to regulatory inquiries and provide guidance to branches/units.
• Liaise with IBG-Compliance for policy rollout across Qatar.

Skills

English proficiency

Arabic language

Education

Business / Commerce / Economics / Law degree

Job description

The Compliance Manager will support the CCO & MLRO in managing day-to-day operations of Qatar Compliance unit, ensuring compliance to Bank’s AML/KYC policies/procedures and Regulatory requirements in Qatar (QCB) while representing the Bank in Qatar on all AML/CFT/Sanctions compliance and regulatory compliance related matters and extend managerial assistance on all such matters to the CCO & MLRO

• Support CCO and MLRO to maintain contact with QCB and other regulatory authorities/agencies to ensure a good and healthy working relationship exists – facilitate/coordinate between Branches and QCB as necessary – seeking guidance from IBG-Compliance as appropriate.
• Support CCO and MLRO in ensuring Bank’s internal procedures/policies remain compliant with regulations/changes – providing guidance/advice to Branch Management as necessary.
• Maintain pro-active relationships with business, facilitating timely involvement to ensure compliant solutions to business issues.
• Promptly communicate all Regulatory Notices/Circulars to all concerned areas, providing accurate Arabic/English translations as necessary.
• Promptly escalation any high risk issues/violations/breaches to CCO & MLRO and IBG-Compliance and develop/monitor action plans for closure of the same.
• Support in developing/maintaining/updating the local Compliance/AML Manual and ensuring a copy is provided to all Branch Staff.
• Providing support to CCO and MLRO in AML/Compliance Training to all Qatar staff on an ongoing basis as required/necessary to raise awareness and ensure all staff understand their responsibilities/obligations with regard to Corporate/AML Policies and regulatory/legal/statutory requirements, etc.
• Encourage a strong compliance culture/environment in Qatar branches.
• Promote the self-identification and reporting of all compliance issues (capturing same on MERs) and sharing of issues that may have wider implications.
• Ensure that all Qatar Product Programs, SOPs etc. are in compliance with QCB requirements as well as Mashreqbank’s AML/KYC Policy - and that transactions are monitored accordingly.
• Analyze suspicious transactions reported by units/branches, undertake investigations where required, and support the MLRO in submitting (as appropriate) STR (Suspicious Transaction Report) to QCB in a timely manner with complete and accurate information.
• Respond in a timely manner to Compliance/AML/Sanctions related queries/investigations of QCB/HO/Other Regulators/Law Enforcement Agencies, as well as provide expert guidance to branches/units upon referrals/queries.
• Liaise and support IBG-Compliance in implementation of Bank’s/Regulator’s Compliance Policies/Requirements and roll-out of related systems/initiatives across Qatar branches.

• 7-10 years banking experience with good understanding of products/operations environment, in particular as regards US and Qatar.
• Professional qualification in business / commerce / economics / law.
• CAMS or equivalent compliance certification
• Sound knowledge of international banking / practice and products / services.
• Specific and / or transferable knowledge / experience related to compliance / AML / Sanctions / Central Bank regulations.
• Computer literate and strong command of written and spoken English. Arabic is an advantage