- Salary: Competitive
- Location: Kuwait City, 'Asimah, Kuwait
- Job Type: Full time
- Company: Qatar National Bank (QNB)
- Updated on: 23 Jan 18
The role supports promoting a strong compliance culture in QNB Kuwait. The position is essential in assisting in the management on a pro-active basis of the compliance and internal control activities with the purpose of identifying and assessing the compliance risks associated with the business activities in the light of a fast moving regulatory environment.
QNB Group, the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa, is looking to hire a Compliance Officer, to meet the requirements of the expansion of its office in QNB - Kuwait//Kuwait City.
QNB Group's presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.
The successful candidate will perform regular and comprehensive compliance and internal control risk assessments as per the approved control routines. He/she will report on a regular basis on compliance and control matters, escalating breaches and defining corrective action taken to Head of Compliance and Internal Control.
The successful candidate will monitor the development of our business model to ensure that it is fully aligned to our prudential framework and factors best market practices. He/she will conduct specific diligences stemming from the internal control discipline to ensure strict adherence to prevailing laws and regulations, statutory requirements and QNB Group policies and procedures.
In addition, the successful candidate will perform scheduled and ad hoc AML reviews as per the approved annual review plan. He/she will review amendments made to relevant policies and procedures, services and products to ensure that the implementation is within AML regulations and guidelines. He/she will perform regular testing to ensure full compliance to KYC policy, which should include all type of customers and counterparties.
The successful candidate will have excellent oral and written communication skills (incl. report writing) in English and Arabic
He/she will possess 3-5 years' experience in a compliance/internal audit department of a financial institution or regulatory agency preferably in compliance or internal audit function.
Bachelor degree with professional qualifications such as CPA/CIA/CA.
Note: you will be required to attach the following:
1. Resume / CV