Job Opportunities in Kuwait
October 16, 2024
Al Mulla Group
Kuwait City
Compliance Officer
Responsibilities
•Facilitate KYC Screening of all customers, vendors etc. and documentation related work. •Implement necessary actions based on administrative observations from external auditor’s and internal auditor’s reports to ensure compliance. •Ensure alignment with relevant laws and regulations and also with AMG policies and procedures. •Draft a proposal for compliance policies and procedures, encompassing the company's activities, operations, systems, and controls. •Update the company's policies on anti-money laundering and counter-terrorism financing, including preparing necessary evidence and procedures for implementation, considering legal status across jurisdictions. •Monitor adherence to compliance policies, laws, regulations, and ethical standards, as per establishment agreements and internal policies. •Assess and identify compliance risks associated with various company activities across jurisdictions. •Prepare all compliance related reports as desired by IRU & KDIPA from time to time (Annually, quarterly, monthly and daily basis). •Review company procedures, practices, and documents to mitigate compliance risks. •Report suspicious transactions involving money laundering or terrorism financing to executive management using designated reporting channels. •Work closely with external consultants and various government institutions on governance related resolutions as notified by KDIPA and/or IRU. •Perform other duties as assigned. •Develop and execute a comprehensive compliance program. •Proficient in legal requirements, monitoring, auditing, and policy implementation. •Strong understanding of local and international compliance laws, regulations, and standards. •Ability to train company employees on compliance matters. •Work in coordination with the Group Compliance department. •Expertise in anti-money laundering and counter-terrorism financing mechanisms.
Job Requirements
Educational Qualifications
Education Degree
: Bachelor
Major
: Law or business administration or accounting.
Experience
Years of Experience
: 1 - 10 Years
Field of Experience
: Any
Skills
•Communication skills •Arabic reading, writing and speaking must. •Basic computer knowledge •Working knowledge of English •Effective Problem-solving skills •Critical Thinking Ability
Other Requirements
Gender
: Any
Age
: 22 - 45 Years
Preferred Language
: Arabic, English
Duty Shift / Timings
: One Shift / 8 :00 am to 4:30 pm
Salary & Benefits
Salary
: Attractive Salary
Other Benefits
: As per company policy
Job Remarks
Job Country
: Kuwait
Nationality
: Kuwait
Career Level
: Mid-Career
Latest Job Opportunities
Similar Jobs
April 4, 2024
Abbott Laboratories
Compliance and Documentation Specialist
Kuwait City
FULL TIME
View Details
New Jobs from This Company