Job Opportunities in Bahrain
September 12, 2024
Alexander Mann Solutions (Contingent)
Manama
OTHER & FULL TIME
Customer Due Diligence Officer
We are seeking a skilled CDD Officer to efficiently and accurately carry out Customer Due Diligence (CDD) procedures across all business lines in our operations spanning both the UAE and Bahrain. The ideal candidate will possess a thorough understanding of CDD processes and regulatory requirements, ensuring our activities align with industry standards and best practices in both jurisdictions. Key responsibilities will include:
- procedures and workflows for all CDD processes (including extended and simplified CDD), either as a Maker or as a Checker
- Ensure processing of CDD according to business requirements in the Customer Portal
- Handle all onboarding and periodic CDD reviews in accordance with agreed procedures including deferral requestions and exceptions
- Consistently ensure close adherence to agreed procedures in line with Team Leader/line manager instructions
- Adhere to turnaround time balance to ensure business speed and compliance rigour according to Team Leader/line manager guidance
- Adhere to record keeping standards, ensuring easy retrieval as and when required
- A university degree preferably in Finance, accounting, or related subjects.
- Relevant professional qualification (e.g. ACAMS – Association of Certified Anti-Money Laundering Specialists)
- 2+ years of relevant experience in sales or customer onboarding or compliance in the banking or payments industry
- Experience of working in the region
- Some knowledge of sales or customer onboarding or compliance procedures.
- Hands on knowledge in performing CDD/KYC exercise of FIs and non-FIs.
- Good knowledge and understanding of AML and Operations management.
- Air working knowledge of Compliance terminology.
- Stay updated with changes in regulations and industry trends affecting customer due diligence. Organizational skills and discipline to
- procedures
- Good communication skills
- Proficiency in English (Arabic would also be valuable)
We regret to inform you that this job opportunity is no longer available
Latest Job Opportunities
September 20, 2024
Navy Federal Credit Union
Member Service Representative (Part-Time) - NSA Bahrain
Manama
OTHER & PART TIME
View Details
September 20, 2024
Citigroup, Inc.
Citi Islamic Bank Head and Murabaha Desk Head
Manama
FULL TIME & OTHER
View Details
Similar Jobs
September 10, 2024
Almoosa Manpower Agency
Relationship Officer Banking Sector (Bahraini Only)
Manama
FULL TIME
View Details