Ref: SP512-31

Job description / Role

Employment: Full Time

Job Title: Assistant Compliance Manager
Type of role: Full Time
Position Level: Jr Executive
Required years of Experience: 1-3 years
Job specialization: Compliance and Anti - money Laundering/ Combating Financial Terrorism

An Assistant Compliance Manager requires the person holding the position to stay up-to-date on changes in governmental and financial laws and regulation. In addition, a competent Assistant Compliance Manager must continually evaluate the bank’s policies and procedures to make sure that everyone working in a financial institution is adhering to all state and federal laws and regulations. This includes everything from setting up new accounts to processing transactions and handling customers inquires.

Essential duties and responsibilities of an Asst. Compliance Manager

- Responsible for daily or regularly on - site, off - site inspection;
- Assisting MLRO to establish AML/CFT policies, procedures, systems, controls and compliance with regulations applicable in the QFC;
- Day to day operations for compliance with the AML/CFT policies, procedure, systems and controls;
- Establishing and maintaining an appropriate AML training programme to ensure the staff understanding about AML/CFT framework;
- Any other responsibilities assigned by the Head of Department.
- Possesses a working knowledge of anti - money laundering laws
- Make sure that the bank’s policy and procedure are in line with all rules and regulations
- Researches questions and gray areas regarding banking rules and regulations and ensures that the institution does not break any laws.
- Understands and enforces consumer protection laws.
- Initiates investigations when possible non-compliance takes place within the institution
- Provides support and assistance to outside auditors when necessary
- Monitoring bank transactions for signs of money laundering, fraud, or other illegal activities
- Preparing report summarizing banking activities for regulators as required
- Reviewing report from bank employees regarding customer account status and activity to identify potential issues.
- Reviewing data stored on computer databases to identify possible issues.

Work Location: Doha - Qatar
Desired Starting Date: ASAP
Probation Period: 6 months
Interactions: Reporting to Head of Department


- Preferred University Subjects: Law, Legal
- Nature of the role: Assistant Compliance Manager
- University Qualifications: at least Bachelor's Degree / Masters Degree - Law
- Other Certifications obtained: CAMS, CGSS, passed Bar examination preferred.
- Soft Skills: Law, Anti - Money Laundering
- Language Fluency Preferences: Fluent in English (speaking, reading and writing) is a MUST. Mandarin is a great plus.

Required knowledge, skills and abilities
- Must have keen analytical skills
- Must be detailed oriented
- Must have a basic knowledge of business functions
- Must have experience dealing with audits
- Must have good research skills
- Must have a basic knowledge of statistics
- Must have excellent verbal communication skills

About the Company

In October 2008, Industrial and Commercial Bank of China (ICBC) formally entered into the Middle East region, establishing Industrial and Commercial Bank of China (Middle East) Limited (regulated by the DFSA) and Industrial and Commercial Bank of China (QFC) Branch (authorized by the QFCRA) in quick succession and commencing businesses. This enables ICBC to become the pioneer of China-owned banks in the Middle East region, and will, on the basis of its advanced market position, excellent client base, multiple product structure, strong innovative ability and prominent brand value, allows ICBC to support various infrastructure financing demands in the United Arab Emirates, Qatar and the greater Middle East, and comprehensively provide various financial services including international trade, domestic guarantee and oversea credit, project financing, to become the economic bridge and channel between China and the Middle East region.

At the end of 2009, ICBC succeeded in acquiring a wholesale banking license from Central Bank of the United Arab Emirates, which is seen as a big progress for ICBC in the Middle East region. Now a chain has been formed between the cities of Abu Dhabi, Dubai and Doha to provide more comprehensive financial services to ICBC clients in the region.

ICBC will keep on improving its network within the Middle East region by relying on abundance of market resources, insistence on prioritizing commercial banking, striving to develop investment banking and asset management, so as to strengthen ICBC's influence and competitiveness, and become the most influential and respectable bank in the region.

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