About the role
We are now looking for a Compliance Officer & MLRO in Bahrain to join our team! You will help define and continuously improve KYC, Onboarding, Sanctions, and AML/CFT policies and processes. You will be a crucial part of the AML risk assessment and control functions, working closely with the Global Compliance team based in Dubai, Indonesia, and Turkey.
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What you’ll do
- Develop and maintain AML/CTF policies, procedures, and internal controls in accordance with relevant laws and regulations.
- Assist the Head of Compliance in providing training and guidance to employees on AML/CTF risks, policies, and procedures.
- Conduct regular risk assessments of the company's AML/CTF and ABC compliance program, including customer due diligence (CDD) and enhanced due diligence (EDD) processes.
- Carry out periodical risk assessments and advise the company on necessary actions.
- Monitor and investigate suspicious transactions or activities, ensuring appropriate reporting to relevant authorities.
- Act as a liaison with regulatory bodies, responding to inquiries and managing regulatory examinations or audits in Bahrain.
- Work with internal stakeholders to identify and mitigate potential money laundering, terrorist financing, fraud, conflict of interest, and anti-bribery and corruption risks across the company's business units and products.
- Review and enhance the company's transaction monitoring program to identify unusual patterns of activity.
- Provide advice on compliance-related issues in Bahrain to Management and the Group.
- Stay up-to-date with changes in AML/CTF & ABC regulations and industry trends, ensuring compliance with applicable laws.
- Manage relationships with external service providers and vendors who support the company's AML/CTF & ABC compliance program.
- Develop and implement a comprehensive fraud detection and prevention strategy.
- Monitor and analyze transactions to identify potential fraudulent activities.
- Investigate and report suspected fraud cases to senior management and relevant authorities.
- Implement fraud detection tools and technologies to enhance monitoring capabilities.
- Collaborate with other departments to develop and enforce anti-fraud policies and procedures.
- Conduct regular fraud risk assessments and recommend improvements to mitigate identified risks.
- Stay updated on the latest fraud trends and techniques to ensure defenses remain effective.
Who will excel?
- Must have an ICA and CAMS qualification.
- Experience working in data protection compliance or a related field.
- Experience in a crypto company.
- Exceptional communication and interpersonal skills to inspire and motivate cross-cultural teams.
- In-depth knowledge of software development methodologies, tools, and best practices.
- Ability to manage workloads and teams across multiple countries and time zones.
- The ideal candidate will be comfortable in a fast-paced, multi-tasked, high-energy environment.
Why the company?
- A brilliant opportunity to grow your career & work with a fun, fast-paced & growing company, prepared to let you shine.
- An entrepreneurial environment where you learn every day.
- Join an organization that is scaling fast.
- Personal responsibility and autonomy.
- Professional development and ongoing learning.
- An international team with over 20+ nationalities.
