Compliance & MLRO Officer

Job description / Role

• Execute the compliance monitoring program and monitor the trading activities of the firm and its employees to ensure adherence to the internal and external rules and regulations.
• Review KYC/AML documents for new clients and make sure that their documentation is complete and up to date.
• Liaise with the account officer and legal department in finalizing client agreements if amendments to the Account Opening Form (AOF) are requested by the client.
• Monitor all trading orders to ensure that they are taken according to the market rules and review errors and breaches.
• Assist senior management in identifying potential areas of compliance vulnerability and risk and in developing and implementing corrective action plans for resolution of problematic issues.
• Liaise with the local regulator and handle requests.
• Conduct AML checks and monitor clients’ transactional behaviour for early detection of any suspicious or unusual activity.
• Maintain licenses granted by the regulator.
• Handle employee registration with the CMA.
• Monitor and approve the staff trading orders to ensure they are compliant with the market’s rules.
• Coordinate the development of the system with other departments i.e. front desk, Ops, IT.
• Provide reports to the relevant parties on a regular basis.
• Ensure that the compliance manual updated.
• Act as a central reference point with the firm to facilitate reporting to the FIU.

Requirements

• Bachelor’s degree in Business Administration, Finance or Accounting.
• 0 - 2 years’ experience in a similar role.
• CME 1 and CME 2 registration.
• Knowledge of the local trading regulations.
• Excellent Microsoft Office skills (Word, Excel and Power point).
• Good command of Arabic and English.
• Good communication skills (written, verbal and listening).
• Able to build partnerships and work well in teams.
• Can identify problems and refer/escalate complex issues to a higher level.
• Detail oriented; ensure deliverables are always of a high quality.
• Flexible in handling new tasks.

About the Company

EFG Hermes is the leading investment bank in the Arab world. Founded in Egypt in 1984 and now operating directly in 7 Arab countries, we provide world-class service to individual and institutional investors, small- and medium-sized local enterprises, as well as large, multinational corporations. Our success in the past 30 years is built upon the strength and scope of our regional trading network, our superior market insight based on award-winning research and our commitment to getting to know our customers individually and acting in their best interests at all times.

We currently employ more than 800 employees of 25 nationalities, and we are always seeking both seasoned professionals as well as promising recent graduates. If you are intelligent, motivated and passionate about what we do, chances are that we have the ideal position for you, whether you are searching for a career as a financial or a non-financial professional.