QNB2663-Assistant Vice President - Doha - lxbfYeaa

About QNB

Established in 1964, QNB Group is the largest bank in the Middle East and Africa region. The bank has over 28,000 employees serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines. QNB Group has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor's (A), Moody's (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications. Based on the Group's consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa.

Job Summary

You will ensure that there is adequate AML/CTF system and control in place at Group level to effectively manage the Money Laundering and Terrorist Financing Risk and enhance the Global on-going changes for both AML/CTF bodies including QCB instructions and the Financial Action Task Force (FATF).

Key Responsibilities:

• Manage the AML/CFT efforts by monitoring customer daily transactions on a timely basis to avoid any suspicious transactions that could lead to fines/ penal actions and the consequent loss of reputation.
• Liaise with regulatory bodies, such as Qatar Central Bank officials, Qatar Financial Market Authority Officials, and National Anti-Money Laundering Committee (NAMLC) and the Financial Information Unit (FIU) in Qatar, to resolve their queries/ respond to issues raised by them relating to the Group's AML/ CFT efforts.
• Manage the Anti-Money Laundering (AML) activities of the Group with the aim of ensuring complete and proper implementation of QCB regulations and guidelines regarding AML/ CFT.
• Follow and enhance the AML/ CFT policy manual and procedures in line with amendments to existing local laws and regulations and applicable international regulations pertaining to AML/ CFT.
• Review and investigate suspicious transactions reports (STRs) based on his own review/ communications received from the Branch MLROs and escalate cases that appear to be risky to the Head of Global AML/CFT for his review/ action.
• Participate in providing responses to the AML/CFT questionnaire received from correspondent banks and counterparties.

Qualifications:

• Bachelor degree with professional qualifications such as CCO/ CIA/ CPA.
• A minimum of 10 years of experience in a major banking institution or regulatory agency, out of which 5 years should be in a supervisory role relating to Compliance or Internal Audit.
• Solid experience of working in financial services. AML Compliance specific experience preferred.
• Strong understanding of the requirements of the Money Laundering Regulations and the Joint Money Laundering Steering Group Guidance.

What We Offer:

• A competitive salary package.
• An opportunity to work with a leading financial institution in the Middle East and Africa region.

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