Compliance Officer, MLRO

Role Overview

• Develop and maintain AML/CTF policies, procedures, and internal controls in accordance with relevant laws and regulations.
• Assist the Head of Compliance for 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 and ensure that appropriate reporting to relevant authorities is conducted.
• Acting 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 & anti-bribery & 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 and ensure that the company's AML/CTF & ABC program is in compliance with applicable laws and regulations.
• 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 Fasset’s defenses remain effective.

Requirements

• Must have 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-culture teams.
• In-depth knowledge of software development methodologies, tools, and best practices.
• Manage workloads and teams across multiple countries and timezones.

Benefits

• An entrepreneurial environment where you learn every day🚀
• Professional development and ongoing learning 📚
• Personal responsibility and autonomy ⭐️
• Join an organization that is scaling fast 🌳
• A brilliant opportunity to grow your career & work with a fun, fast-paced & growing company, prepared to let you shine 👌