Senior AML/CFT Assessment & Models Officer
- Doha, Qatar
- Permanent
- Full-time
- Development and UAT testing (above the line/ below the line) of new AML transaction monitoring scenarios used in the bank's transaction monitoring systems to ensure adequate coverage of key ML/TF typologies pertinent to the bank's products, services, customers, distribution channels and geographies;
- Partnering with IT and data analytics units to ensure successful implementation of new scenarios;
- Ongoing tuning and threshold calibration of existing AML transaction monitoring scenarios used in the bank's transaction monitoring systems to ensure adequate coverage of key ML/TF typologies pertinent to the bank's products, services, customers, distribution channels and geographies;
- Development of proposals for further enhancement of the bank's sanctions screening and AML transaction monitoring systems; development of appropriate Business Requirement Documents (BRD);
- Overseeing of subsequent system developments/enhancements and participation in the necessary UAT testing;
- Producing periodic MIS, dashboards and various senior management reporting on the effectiveness of the bank's sanctions screening and AML transaction monitoring systems, processes and controls;
- Ongoing data driven analysis of the effectiveness of the bank's Transaction monitoring and sanctions screening systems, which includes monitoring of the hit rate and the number of false positives across all payment channels and systems, to draw meaningful conclusions driving further decisions;
- Coordination of closure of QCB and Audit observation related to the bank's sanctions screening and AML transaction monitoring systems, processes and controls. Ensure that all related QCB and Audit observations are attended and remediated before deadlines;
- Identification of opportunities for continuous improvement of the bank's sanctions screening and AML transaction monitoring systems, processes and controls;
- Design and develop AML/CFT training modules, policies, procedures, and guidelines to educate employees on regulatory requirements, best practices, and emerging risks;
- Maintain proper documentation and records related to AML/CFT assessments, investigations, and compliance activities;
- Perform other related duties or assignments as directed.
- Excellent data analysis skills - ability to analyse large volumes of data (including complex and unstructured transactional data) to draw meaningful conclusions driving further decisions.
- Excellent practical knowledge of leading AML transaction monitoring and sanctions screening systems and technical solutions.
- Strong knowledge of international AML/CTF & Sanctions laws & regulations and best practices.
- Ability to understand and comprehend financial products and complex AML typologies and patterns
- Strong attention to details; ability to quickly and accurately process and/or analyse data.
- Excellent planning, organizational and time management skills.
- Excellent research skills including experience with online search tools.
- Ability to multi-task and work under pressure.
- Strong writing, analytical and communications skills.
- Ability to build positive relationships with internal and external stakeholders.
- CAMS - or an equivalent recognized professional certification.
- Bachelor's or Master's degree in related financial or legal fields.
- At least 3 - 6 years of relevant banking experience in AML/CFT and Sanctions.
- Experience of development and tuning of AML transaction monitoring scenarios and sanctions screening settings.
- Prior experience of interacting with external stakeholders, including regulators and vendors Good Knowledge of AML/ CTF process, payment/name screening and KYC regulations.
- Good Knowledge of AML / CTF process, payment/name screening and KYC regulations.
- A good understanding of investigative and evidence collection practices.
- Established business knowledge and comprehension of financial products.
- Excellent organizational and time management skills.
- Excellent research skills including experience with online search tools.
- Advanced skills in the use of Microsoft Office, Internet and on-line research systems.
- Strong writing, analytical and communications skills.
- Ability to make decisions independently and solve problems.
- Ability to interact with internal and external stakeholders
- Ability to work under pressure
- Accuracy and attention to detail
- Arabic speaking preferred
- Awareness of local cultural and social factors, and labour law provisions
- Bilingual language skills in English and Arabic
- Risk Management
We appreciate your interest in joining CBQ! Please note that only selected candidates will be contacted for further steps in the hiring process. This job posting is for informational purposes only, and CBQ reserves the right to modify, withdraw, or close it at any time without notice.