Compliance Officer, MLRO

This is a fully remote position, open to applicants in Bahrain.

📋 Description

• Develop and uphold AML/CTF policies, procedures, and internal controls aligned with applicable laws and regulations.

• Support the Head of Compliance by providing training and guidance to employees regarding AML/CTF risks, policies, and procedures.

• Perform regular risk assessments of the company's AML/CTF and ABC compliance programs, which include customer due diligence (CDD) and enhanced due diligence (EDD) processes.

• Execute periodic risk assessments and advise the company on necessary actions.

• Monitor and investigate suspicious transactions or activities, ensuring proper reporting to the relevant authorities.

• Act as a liaison with regulatory bodies, addressing inquiries, and managing regulatory examinations or audits in Bahrain.

• Collaborate with internal stakeholders to identify and mitigate potential money laundering, terrorist financing, fraud, conflicts of interest, and anti-bribery and corruption risks across the company's business units and products.

• Review and improve the company's transaction monitoring program to detect unusual activity patterns.

• Provide compliance-related advice in Bahrain to Management and the Group.

• Keep abreast of changes in AML/CTF and ABC regulations and industry trends, ensuring the company's AML/CTF and ABC program complies with applicable laws.

• Manage relationships with external service providers and vendors that support the company's AML/CTF and ABC compliance program.

• Develop and implement a comprehensive strategy for fraud detection and prevention.

• Monitor and analyze transactions to spot 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 create and enforce anti-fraud policies and procedures.

• Conduct regular fraud risk assessments and suggest improvements to mitigate identified risks.

• Stay informed about the latest fraud trends and techniques to ensure Fasset’s defenses remain robust.

⛳️ Requirements

• Required qualifications include ICA and CAMS certifications.

• Experience in data protection compliance or a related field is essential.

• Familiarity with the cryptocurrency sector is preferred.

• Exceptional communication and interpersonal skills to inspire and motivate cross-cultural teams.

• In-depth understanding of software development methodologies, tools, and best practices is necessary.

• Ability to manage workloads and teams across multiple countries and time zones.

🏝️ Benefits

• A fantastic opportunity to advance your career while working in a fun, dynamic, and growing company that encourages you to shine 👌

• An entrepreneurial environment that promotes daily learning 🚀

• Join a rapidly scaling organization 🌳

• Enjoy personal responsibility and autonomy ⭐️

• Opportunities for professional development and continuous learning 📚

• Work within an international team comprising over 20 nationalities 🌎