MLRO and Compliance Officer

Job description / Role

About Company & Role Purpose
The MLRO and Compliance Officer is responsible for overseeing compliance with anti-money laundering (AML) regulations and managing related policies.
 
Key Responsibilities, Accountabilities And Activities
• Assist the Executive Director and Board on compliance matters.
• Design, manage, and administer the AML compliance program.
• Monitor and review compliance efforts, including risk assessments and internal reporting.
• Conduct periodic reviews of customer KYC and high-risk accounts.
• Ensure daily operations comply with policies and procedures.
• Serve as the main point of contact for internal suspicious transaction reports.
• Initiate investigations for non-compliance with procedures and laws.
• Provide compliance guidance to senior management and the Board.
• Ensure adherence to all applicable AML/CFT regulations.
• Communicate with regulatory authorities and maintain necessary reporting.
• Maintain staff training and awareness on AML/CFT matters.
• Keep records of compliance and AML/CFT reviews and reports.
• Oversee credit control and collections functions, including monitoring credit limits and collections.
• Manage any other relevant functions as assigned by management.

• Bachelor’s degree in Finance, Accounting, or a related field.
• Relevant experience in compliance within the financial industry preferred.

Skills
• Proficiency in compliance and financial software.
• Strong analytical and reporting skills.
• Excellent communication and interpersonal skills.
• Ability to work under pressure and manage sensitive information.
• Strong attention to detail and organizational skills.

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