Compliance Officer

Key Responsibilities:

• Develop and implement compliance programmes to ensure adherence to regulatory requirements, including AML/CFT regulations.
• Monitor and evaluate the effectiveness of the firm’s compliance programme, including its policies, procedures, and controls.
• Serve as the firm’s primary point of contact with the BMA on compliance-related matters.
• Ensure that the firm’s personnel and clients are aware of and comply with regulatory requirements.
• Develop and deliver training programmes for personnel on AML/CFT regulations.
• Conduct periodic risk assessments to identify potential areas of non-compliance and make recommendations for remediation.
• Investigate and report suspicious activity to the relevant authorities.
• Stay up-to-date with regulatory changes and ensure that the firm’s compliance programme is adapted accordingly.
• Prepare and submit regulatory filings and reports as required.

Qualifications:

• Bachelor’s degree in finance, accounting, law, or a related field.
• Minimum of 5 years of experience in compliance, with specific experience in AML/CFT.
• Strong understanding of compliance best practices and regulations, with knowledge of the BMA’s rules and regulations considered an advantage.
• Knowledge of the regulatory requirements of other relevant jurisdictions is a plus.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Attention to detail and accuracy.
• Ability to maintain confidentiality and handle sensitive information.
• Proficient in Microsoft Office and compliance-related software.

Originally posted on Himalayas