Compliance Manager - Subsidiaries & Project

Job Summary

Providing oversight of the Bank’s regulated subsidiaries (e.g. Alternatif Bank, CBFS and CBAM);

Performing the role of Deputy MLRO of CBAM;

Managing Compliance & FCC’s projects related to audit, regulatory inspection, BRA and system/process enhancements.

Key Accountabilities

1. In view of the issuance of new QCB Regulations, ensure that foreign subsidiaries perform a proper gap analysis and implement the stricter regulatory requirements.

2. While working closely with the Head of AML/CFT & Sanctions, provide appropriate advice to the regulated subsidiaries regarding the implementation of certain stricter QCB instructions;

3. Receive and review monthly risk appetite statement from all regulated subsidiaries to ensure that the Bank’s risk appetite is followed across all regulated subsidiaries;

4. Ensure that all QCB instructions are disseminated to all regulated subsidiaries to ensure that all regulated subsidiaries review the implications of such QCB instructions on their business and they take the appropriate measure to comply with those instructions;

5. Receive and review quarterly reports submitted by the Bank’s regulated subsidiaries to ensure that all regulated subsidiaries are operating in adherence to applicable Group level policies and procedures;

6. Collaborate with all regulated subsidiaries for the execution and completion of Enterprise-wide Business Risk Assessment (EWERA);

7. Provide advisory and consultation on the implementation of group wide policies and procedures and the QCB regulations;

8. Ensure that all regulated subsidiaries follow the Bank’s reporting standards such as annual MLRO report, Risk Appetite report and AML/CFT dashboard;

9. Receive, review and present Alternatif Bank’s BACC agenda to the Bank’s Chief Compliance Officer to keep him apprised of the Bank’s regulatory matters prior to the Alternatif Bank’s BACC meeting;

10. Perform AML/CFT reviews of the Bank’s regulated subsidiaries to e

Other Accountabilities

1. Participate in the preparation and submission of periodic/ regular AML/CFT reports (e.g. Q25 return, Q26 return and Annual MLRO report) to the Qatar Financial Center Regulatory Authority (QFCRA);

2. Ensure that NCTC and PPO notifications are timely responded for/ on behalf of CBAM;

3. Participate in the development of CBAM’s AML/CFT Policies, Procedures, Systems and Controls;

4. Participate in the development of Compliance Oversight Policies, Procedures, Systems and Controls;

5. Ensure the completion of business risk assessment on a yearly basis

6. Ensure that internal audit, external audit and the regulatory inspection are organized properly and the relevant risk mitigation programmes (RMPs) are timely addressed.

7. Provide advice to business on the implications of AML/CFT, Sanctions and Regulatory Compliance.

8. Ensure that customer’s records are up to date and in line with the regulatory imperatives. 9. Act as an MLRO of CBAM in the absence of CBAM’s MLRO