Compliance Manager And MLRO

Job description / Role

About Company & Role Purpose
Responsible for managing the Bank’s compliance and AML functions, ensuring adherence to CBB regulations and internal policies. Acts as the key liaison with regulators and leads
initiatives to prevent financial crime and promote a strong compliance culture.

Key Responsibilities, Accountabilities And Activities
• Ensure compliance with all CBB regulations and internal policies.
• Act as the main point of contact for CBB and handle all regulatory correspondence.
• Develop, implement, and update compliance and AML policies.
• Lead internal reviews and investigations on compliance matters.
• Coordinate and support audits (CBB, internal, external, and Sharia).
• Provide regular reports to senior management and regional compliance.
• Conduct staff training and promote compliance awareness.
• Serve as Secretary to the Management Committee (MANCO).

• Bachelor’s in Business, Finance, or Accounting; MBA preferred.
• Professional certification in AML/CFT (e.g., ACAMS, ICA).
• Minimum 10 years of experience in banking, focused on Compliance and AML.
• Must be CBB-approved and familiar with CBB rules and regulatory expectations.
• Strong understanding of Bahrain’s financial regulations and global AML standards.

Skills
• Strong knowledge of CBB regulations and AML/CFT practices.
• Proficient in AML systems (e.g., OMNI, World Check, Safewatch).
• Excellent analytical, investigative, and reporting skills.
• Strong communication and leadership abilities.
• High attention to detail and integrity.
• Ability to work independently and manage cross-functional teams.
• Skilled in handling audits, reviews, and regulatory interactions.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties.

We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more.

Concentrating our resources has created 5 distinct specialist divisions:

• Banking & Finance
• Human Resources
• Oil & Gas
• Construction
• Architecture & Engineering