Senior? Wait

Employment; Doha; On-site; QAR 180,000 - 240,000; Full time

Job summary

Commercial Bank Of Qatar is seeking an experienced compliance professional to oversee detailed monitoring of transactions alerts, name screening, and Level 2 reviews. You will validate cases submitted to the checker queue on the Transaction Monitoring system and ensure adherence to AML laws and internal policies.

You’ll guide the team, promote a culture of compliance, report KPIs, and coordinate with branches and regulators as needed while maintaining high-quality investigations and timely

Qualifications

• Bachelor's degree or CAMS or equivalent certification.
• Strong knowledge of AML/CTF processes and KYC regulations.
• Proven investigative and evidence collection skills.

Responsibilities

• Investigate Transaction monitoring alerts to identify red flags in customer behaviour.
• Process escalated name screening records to Level 2 queue and/or alerts in checkers queue.
• Follow up on information requests with branches and business units.
• Report important findings to management and provide KPI/KRI insights.
• Ensure adherence to SLAs and risk appetite; monitor team performance.
• Provide training to team members on AML regulations and best practices.

Skills

AML/CFT knowledge

Investigations

Data analysis

Reporting

People management

English & Arabic

Education

Bachelor's degree or CAMS

Job description

About Commercial Bank Of Qatar

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

To be responsible for maintaining in detail and comprehensive monitoring of Alerts investigations, and Name screening, in particular performing in depth review of escalated screening records to Level 2 and/or validating cases submitted to the Checker queue on the Transaction Monitoring system. The role also involves overseeing team's effectiveness and efficiency by providing guidance and promoting a culture of compliance within the team performing daily operational tasks while ensuring adherence to AML laws, rules, and regulations.

Key Accountabilities

• Perform proper investigations on Transaction monitoring Alerts/Cases to identify possible red flags in customer behaviour.
• Process escalated name screening records to Level 2 queue and/or Transaction monitoring alerts received to checkers queue.
• Conducting follow-ups on Requests for information with branches/business units.
• Report important findings that could impact the organization directly or indirectly to management.
• Provide accurate reporting on KPIs and KRIs.
• Manage backup arrangements for staff members to maintain operational efficiency within the unit.
• Monitoring and reporting the team's adherence to the SLA for designated tasks and ensure there are no breaches to the Risk Appetite.
• Conducting regular training sessions for team members to ensure their continuous development and proficiency on most recent industry Red flags, AML regulations, and best practices.
• Support monitoring the team's annual goals achievement, Key Performance Indicators (KPIs), and assessing overall performance.
• Establish and maintain close collaborative working relationships with all departments Constructively identify opportunities for continuous improvement of systems, processes, and practices within the unit, by enhancing business processes, reducing costs, and improving overall productivity.
• Compliance with all relevant departmental policies, processes, and standard operating procedures (SOP). Assist in the preparation of timely and accurate departmental statements and reports to meet CBQ and department requirements, policies and standards.
• Ensure all relevant quality, health, safety and environmental procedures, instructions and controls are adhered to so that the safety of employees, quality of products/services and environmental compliance can be guaranteed.

Knowledge & Qualifications

Minimum Qualifications

• Bachelor's degree or equivalent. CAMS - or an equivalent recognised professional certification.

Minimum Experience

4-6 years’ relevant experience in Compliance and Anti-Money Laundering in a bank.

Knowledge, & Other Skills

• Good Knowledge of AML/ CTF process, payment/name screening and KYC regulations.
• People management experience.
• A good understanding of investigative and evidence collection practices.
• Established business knowledge and comprehension of financial products.
• Excellent organizational and time management skills.
• Excellent research skills including experience with online search tools.
• Advanced skills in the use of Microsoft Office, Internet and online research systems.
• Strong writing, analytical and communication skills.
• Proficiency in oral and written English & Arabic (Preferred).
• Ability to make decisions independently and solve problems.

Key Interactions

Internal

• Corporate/ Retail/ Private Banking/Trade Finance

External

• Correspondent banks.
• Regulators such FIU /QCB.
• Internal Revenue Service/ IRS.

Competencies

• Adaptability/Flexibility
• Communication
• Integrity/Ethics
• Interpersonal Skills
• Leadership
• Listening Skills
• Problem Solving/Analysis
• Results Focus
• Sense of Urgency
• Strategic Thinking/Management
• Team Leadership
• Teamwork

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. An Innovation-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 A strong 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 pioneering digital transformation in Qatar’s banking sector, blending digital-first approach to redefine banking through innovative solutions.