Deputy MLRO - Group Level

QatarYello; Qatar; On-site; QAR 546,000 - 764,000; Full time

Job summary

QatarYello seeks an experienced Group MLRO deputy to oversee AML, sanctions, KYC and financial crime controls across the organisation. You will perform independent reviews, lead control testing and drive quality assurance initiatives to strengthen compliance.

The role requires 6–10 years in AML/financial crime within regulated financial services, with a solid track record in assurance, risk assessment and reporting to senior management.

Qualifications

• Bachelor’s degree required in a related discipline.
• 6–10 years’ experience in AML/financial crime compliance within banking or financial services.
• Experience in regulated environments with regulators, auditors, and senior stakeholders.
• Background in AML assurance, compliance monitoring, quality assurance or control testing.
• MLRO or Deputy MLRO experience is advantageous.
• Certifications such as CAMS, ICA Diploma in AML, CFCS or equivalent desirable.
• Strong knowledge of AML, sanctions, KYC/CDD, enhanced due diligence, and PEP reviews.
• Exposure to international AML/CFT frameworks and supervisory authorities is beneficial.
• Analytical skills and ability to challenge control effectiveness.
• Excellent stakeholder management and report-writing capabilities.

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.
• Support enterprise-wide financial crime risk assessments and monitoring.
• Prepare management information, reports and recommendations for senior governance committees.
• Assist with regulatory inspections, audits and compliance reviews.
• Review client onboarding, enhanced due diligence, and sanctions screening activities.
• Review high‑risk client relationships, PEP classifications and escalations.
• Support suspicious activity reporting and regulatory reporting obligations.
• Conduct or oversee AML/KYC due diligence on counterparties and third parties.
• Act as deputy to the Group MLRO and support governance duties.

Skills

AML

Financial Crime Compliance

Risk Management

Regulatory Compliance

Education

Bachelor's degree in Law/Finance/Accounting/Business Administration

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.

• 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.