Answering to the Board Audit and Governance Committee straightforwardly and in a roundabout way to the CEO, the Head of Compliance will serve in the Bahrain head office guaranteeing the bank is in consistence with CBB directions and inside approaches and methods. The position will be in charge of assessment, testing, audit, correction and sending of the bank’s worldwide consistence and AML projects and techniques, organizing surveys and giving an account of discoveries, and creating updates to the company’s worldwide consistence and AML program.
Our customer is a main Islamic Bank with central command in Bahrain offering wide running administrations in the retail, corporate and speculation managing an account segment. This driving bank is hoping to enlist the Head of Compliance in Bahrain will’s identity mindful to guarantee that the bank works with the most astounding models of administrative and business direct and consistence and AML (“Compliance” in this archive to be perused as related to AML, Financial Crime and Sanctions) rehearses while meeting the bank’s business targets
- PortrayalSupervise and deal with the Compliance work inside the association and give authority and bearing to the group, supporting their improvement and regulating yield.
The executives of Regulatory Compliance of Bahrain Central Bank directions/Anti-tax evasion controls and adherence to the Central Bank’s approaches, strategies, rules and directions.
Keep up an exhaustive comprehension of the administrative scene.
Create and execute powerful Compliance Program that underpins the business to guarantee consistence with present and future administrative necessities.
Screen the bank’s lead of business to guarantee that any rupture is recognized rapidly and managed dependably, researched and answered to Senior Management and the Board, if vital.
Plan the executives reports with respect to consistence tasks and advancement.
Have a functioning job in ventures, giving mastery on explicit administrative and consistence issues connected to the tasks.
Keep up viable associations with controllers and handle any guidance, demand, or request in an open and helpful way.
Oversee explicit administrative undertakings (for example administrative examinations/reviews, application for licenses or branches, explicit solicitations with controllers, and so forth.).
Guarantee that sufficient frameworks and systems exist to empower the fundamental money related and administrative reports and returns are submitted to the pertinent administrative experts in a convenient way.
Actualize systems to guarantee that administrative reports are submitted/recorded precisely and auspicious.
Advance consistence mindfulness inside the bank through preparing programs on consistence and administrative necessities.
Execute and look after methodology, procedures, controls and instruments for interior control.
Be a contact between the bank and the controllers.
BSc/BA in Business Administration or a related field from a trustworthy college
Proficient consistence affirmations (for example Global Compliance Association (ICA), CAMS)
10-15 years of dynamic involvement in Compliance inside a manage an account with presentation to different purviews inside and outside of the GCC
Inside and out learning of CBB principles and controls
Familiarity with Arabic and English required
Capacity to work in a group based condition, having trust in goals suggestions
Interpretative reasoning and progressed diagnostic aptitudes to issue fathom in frequently complex circumstances
Capacity to manage consistence and AML in a save money with universal tasks in various purviews
Brilliant oral and composed relational abilities and the capacity to cooperate at a senior dimension, both inside and outside
Posted Date: 2019-01-23 Job Location: Bahrain Job Role: Accounting and Auditing Company Industry: Accounting/Auditing
Career Level: Student/Internship